Equipment

Prospect Capital Provides $80.0 Million of Floating-Rate First-Lien Senior-Secured Debt for Recapitalization of Zicam

NEW YORK, NY -- (Marketwired) -- 08/12/13 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect has provided $80.0 million of floating-rate first-lien senior-secured loans and a senior-secured revolving credit facility for the recapitalization of Matrixx Initiatives, Inc. ("Matrixx"), owner of Zicam, a leading developer and marketer of over-the-counter ("OTC") cold remedy products under the Zicam brand. H.I.G. Capital, L.L.C. ("H.I.G."), a leading private equity firm, owns a controlling position in Matrixx.Based in Br [...]


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Savanna Announces Q2 2013 Results and Capital Program Update

CALGARY, ALBERTA -- (Marketwired) -- 08/08/13 -- Savanna Energy Services Corp. ("Savanna" or "the Company") (TSX: SVY) generated EBITDAS of $10.1 million on $112.1 million of revenue in Q2 2013 compared to EBITDAS of $15.2 million on $123.1 million of revenue in Q2 2012. The decreases were primarily a result of significantly lower activity levels in Canada, but were offset by substantial increases in Australian activity and operating results. Revenue and EBITDAS in the quarter were also considerably lower than the Q1 2013 revenue of $236.9 million and EBITDAS of $68 milli [...]


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Black Diamond Group Limited Reports Results for the Second Quarter Ended June 30, 2013

CALGARY, ALBERTA -- (Marketwired) -- 08/08/13 -- Black Diamond Group Limited ("Black Diamond" or the "Company") (TSX: BDI) is pleased to announce its financial and operational results for the three months ended June 30, 2013 .SECOND QUARTER 2013 CONSOLIDATED HIGHLIGHTSBlack Diamond realized significant increases in revenue generation for the three months ended June 30, 2013 ("Period") compared to the three months ended June 30, 2012 ("Comparative Period"). Revenue generation in the Period was $71.1 million compared to $62.0 million in the Comparative P [...]


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Essential Energy Services Announces Second Quarter Results and Increases the Quarterly Dividend

CALGARY, ALBERTA -- (Marketwired) -- 08/07/13 -- Essential Energy Services Ltd. (TSX: ESN) ("Essential" or the "Company") announces second quarter results and an increase in the quarterly dividend.INCREASED QUARTERLY DIVIDENDEssential is pleased to announce an increase in the quarterly dividend from $0.025 per share to $0.03 per share. This is a 20% increase that reflects Essential's strong financial position and positive view of the future.The cash dividend for the period July 1, 2013 to September 30, 2013 has been set at $0.03 per share. The dividend will be paid on Oct [...]


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BioteQ Releases Results for Q2 2013

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/07/13 -- BioteQ Environmental Technologies Inc. (TSX: BQE), a leader in industrial wastewater treatment, releases its financial and operating results for the second quarter ended June 30, 2013. Further information on the second quarter results can be obtained from the Company's Unaudited Condensed Consolidated Interim Financial Statements and Management's Discussion and Analysis ("MD&A").BioteQ will hold a conference call on August 8, 2013 at 11:00 AM EDT to discuss results for Q2 2013. Participants can dial in as follows:As no [...]


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GASFRAC Announces Second Quarter 2013 Results

CALGARY, ALBERTA -- (Marketwired) -- 08/07/13 -- GASFRAC Energy Services Inc. (TSX: GFS) -OVERVIEW OF THE QUARTER ENDED JUNE 30, 2013As discussed in previous quarters, the Company has focused recent efforts on; improving its cost structure, ensuring service delivery reliability and expanding value add service offerings. The results of the second quarter reflect the success of these actions in both revenue and EBITDA.We were able to grow revenues to $30.6 million during the quarter as compared to $16.7 million in the second quarter of 2012. This was achieved through pad drilling projects in C [...]


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Day – Zimmermann Granted Multi-Year Contract Renewal With First Energy Nuclear

Continues to Provide Fleet-Wide Maintenance Services to Nuclear Energy Operator [...]


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Cabot, Biggest Marcellus Gas Producer, Acts to Secure Further Growth, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 08/07/13 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- (NYSE:COG) (Houston, Texas), the biggest in the Marcellus Shale, is continuing to see strong growth in the area, to the delight of its investors. Cabot is producing about 1.2 billion cubic feet of gas per day (Bcf/d) in the Marcellus, a number that continues to grow. Last month, it added a sixth drilling rig in that formation. Gas production from the sixth rig is not expected to come online until next year, the company said.For details, view the entire article by subscrib [...]


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STWA Appoints Oil – Gas Executive Don Dickson to Its Board of Directors

Dickson Adds Oil Industry Experience and Further Independence to STWA's Board Governance [...]


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Zedi Inc. Invites Analysts, Shareholders and Media to Attend the 2013 Second Quarter Results Conference Call

CALGARY, ALBERTA -- (Marketwired) -- 08/06/13 -- Zedi Inc. (the "Company") (TSX VENTURE: ZED) will announce 2013 second quarter financial results following the close of markets on Thursday, August 15, 2013 and will host a conference call on Friday, August 16, 2013 to discuss the financial results. Analysts, members of the media and other interested parties are invited to participate in the conference call, which will begin at 9:00 am Mountain Standard Time (11:00 am Eastern Standard Time).The press release announcing results, financial statements and MD&A will be posted on the [...]


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Duke Cancels Levy Nuclear Project After Delaying Harris Nuclear Project, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 08/05/13 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- (NYSE:DUK) (Charlotte, North Carolina) last week cancelled the proposed $24 billion grassroot Levy County Station in Florida. Duke also began a process to terminate the project's engineering, procurement and construction (EPC) contract with Westinghouse (Monroeville, Pennsylvania) and (NYSE:CBI) (Chicago, Illinois). "As a result of delays by the NRC in issuing COLs for new nuclear plants, as well as increased uncertainty in cost recovery caused by recent legislative [...]


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Xtreme Drilling and Coil Services Announces Second Quarter 2013 Operating and Financial Results and Election of New Board Member

CALGARY, ALBERTA -- (Marketwired) -- 08/02/13 -- Xtreme Drilling and Coil Services ("Xtreme" or the "Company") (TSX: XDC) announces summary results for the three and six months ended June 30, 2013. It is anticipated that filing will take place on SEDAR of the Condensed Interim Consolidated Financial Statements and Management's Discussion and Analysis on Friday, August 2, 2013.Highlights - Q2 2013Election of a New Board MemberShareholders approved the appointment of Mr. James Renfroe Jr. as the seventh member of the Board of Directors at the Special Meeting of Shareholders [...]


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BioteQ and Jiangxi Copper Sign Agreement to Build Third ChemSulphide(R) Water Treatment Plant

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 08/01/13 -- BioteQ Environmental Technologies Inc. (TSX: BQE), a leader in industrial wastewater treatment, has signed an agreement with joint venture partner Jiangxi Copper Company (JCC), the largest copper mining company in China, to build a water treatment plant at the Yinshan Mine site. The Yinshan Mine is an active copper mine located in southeast China approximately 30 km from the Dexing site where the joint venture has existing metals recovery water treatment plants.The Yinshan water treatment plant will apply BioteQ's patented ChemSulph [...]


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North American Energy Partners Announces Results for the Three Months Ended June 30, 2013

EDMONTON, ALBERTA -- (Marketwired) -- 08/01/13 -- North American Energy Partners Inc. ("NAEP" or "the Company") (TSX: NOA)(NYSE: NOA) today announced results for the three months ended June 30, 2013.The Company has prepared its consolidated financial statements in conformity with accounting principles generally accepted in the United States (US GAAP). Unless otherwise specified, all dollar amounts discussed are in Canadian dollars.Highlights of the Three Months Ended June 30, 2013Consolidated Financial HighlightsAs a result of the divestiture of its Pipeline and Piling bu [...]


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Timothy D. Treloar Named Vice President of Operations by California Water Service Group

SAN JOSE, CA -- (Marketwired) -- 07/31/13 -- California Water Service Group (NYSE: CWT) today announced the selection of Timothy D. Treloar as Vice President of Operations, effective August 1, 2013.Previously, Treloar served as Director of Water Quality for Group's largest subsidiary, California Water Service Company (Cal Water), a position he assumed in January 2013. Since joining the company in 1994, he has served as General Superintendent, Assistant District Manager, and District Manager in the company's Bakersfield District."Tim distinguished himself as manager of one of our largest [...]


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California Water Service Group Announces Second Quarter 2013 Results

SAN JOSE, CA -- (Marketwired) -- 07/31/13 -- California Water Service Group (NYSE: CWT) today announced net income of $13.5 million or $0.28 per diluted common share for the second quarter of 2013, compared to net income of $13.0 million or $0.31 per diluted common share for the second quarter of 2012. The year-to-year decrease in earnings per share is attributable to the dilutive effect of the stock offering completed in March 2013.Revenue for the second quarter of 2013 was $154.6 million, compared to revenue of $143.6 million in second quarter 2012. The increase in revenue is due primarily [...]


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California Water Service Group Board of Directors Declares 274th Consecutive Quarterly Dividend

SAN JOSE, CA -- (Marketwired) -- 07/31/13 -- At its meeting today, the California Water Service Group (NYSE: CWT) Board of Directors declared the company's 274th consecutive quarterly dividend in the amount of $0.1600 per common share. It will be payable on August 23, 2013, to stockholders of record on August 12, 2013.California Water Service Group is the parent company of California Water Service Company, Washington Water Service Company, New Mexico Water Service Company, Hawaii Water Service Company, Inc., CWS Utility Services, and HWS Utility Services. Together these companies provide regu [...]


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Wenzel Downhole Tools Ltd. Announces Completion Of Going-Private Transaction

CALGARY, ALBERTA -- (Marketwired) -- 07/31/13 -- Wenzel Downhole Tools Ltd. ("Wenzel" or the "Company") (TSX: WZL) is pleased to announce that 1748017 Alberta Ltd. (the "Purchaser"), a subsidiary of Basin Tools, L.P. ("Basin"), has completed its acquisition of the Company.The acquisition was implemented through a Court-approved plan of arrangement (the "Arrangement") under the Business Corporations Act (Alberta) involving Wenzel, Basin, the Purchaser and the securityholders of Wenzel.Under the Arrangement, shareholders will receive cash proce [...]


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BioteQ to Host Conference Call Regarding Q2 2013 Operating and Financial Results

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/31/13 -- BioteQ Environmental Technologies Inc. (TSX: BQE), a leader in industrial wastewater treatment, will host a conference call on Thursday, August 8th, 2013 at 11:00 am Eastern to discuss the Company's second quarter financial and operating results for the period ended June 30, 2013. The Company's financial statements and management discussion and analysis will be released after market close on Wednesday, August 7th, 2013 and will be available on BioteQ's website at .A replay of the call will be available on the BioteQ website within t [...]


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Lonestar Closes Private Placement Financing

SYLVAN LAKE, ALBERTA -- (Marketwired) -- 07/31/13 -- Lonestar West Inc. (TSX VENTURE: LSI) ("Lonestar" or the "Company") is pleased to announce that it has closed its previously announced bought deal financing conducted by way of private placement (the "Offering"). Lonestar, through a syndicate of underwriters led by Clarus Securities Inc. and including Industrial Alliance Securities Inc. (collectively, the "Underwriters"), issued 3,900,000 common shares of the Company at a price of $2.60 per common share, for aggregate gross proceeds to the Company of [...]


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Trican Reports Second Quarter Results for 2013

CALGARY, ALBERTA -- (Marketwired) -- 07/30/13 -- Trican Well Service Ltd. (TSX: TCW) -SECOND QUARTER HIGHLIGHTSConsolidated revenue for the second quarter of 2013 was $396.6 million, a decrease of 5% compared to the second quarter of 2012. The adjusted consolidated net loss was $50.4 million compared to $48.6 million, and adjusted diluted loss per share was $0.34 compared to $0.33 for the same period in 2012. Adjusted loss per share for the second quarter of 2013 excludes a goodwill impairment write-down of $4.1 million relating to our Australia operations and $1.9 million in non-cash stock- [...]


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Three Crude-Oil Pipeline Projects Could Loosen Glut in Cushing, Oklahoma, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwired) -- 07/29/13 -- Researched by Industrial Info Resources (Sugar Land, Texas) -- The bottleneck in Cushing, Oklahoma, has shown signs of loosening recently, with new crude-oil rail transportation options and increased pipeline takeaway capacity. Three major projects are approaching milestones, and each has the potential to have a large impact on the situation in Cushing.Other companies featured: (NYSE:EPD), (NYSE:TRP)For details, view the entire article by subscribing to Industrial Info's Premium Industry News at , or browse other breaking industrial news stori [...]


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North American Energy Partners First Quarter Results Conference Call and Webcast Notification

EDMONTON, ALBERTA -- (Marketwired) -- 07/26/13 -- North American Energy Partners Inc. ("NAEP" or "the Company") (TSX: NOA) (NYSE: NOA) announced today that it will release its financial results for the first quarter ended June 30, 2013 on the evening of August 1, 2013 after market close. Following the release of the first quarter results, NAEP will hold a conference call and webcast on Friday, August 2, 2013 at 7:00 a.m. Mountain Time (9:00 a.m. Eastern Time).The call can be accessed by dialing:Toll free: 1-877-407-8031International: 1-201-689-8031A replay will be availab [...]


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ATCO Reports Higher Second Quarter 2013 Earnings

CALGARY, ALBERTA -- (Marketwired) -- 07/26/13 -- ATCO Ltd. (TSX: ACO.X) (TSX: ACO.Y)ATCO today reported higher earnings for the second quarter of 2013 led by continued investment in utility infrastructure to support Alberta growth.Second quarter Adjusted Earnings were $89 million compared to $74 million for the same period in 2012. The company achieved increased earnings from the utilities and power businesses, along with strong performance from ATCO Structures & Logistics as a result of higher fleet sales and increased rental activity in North America.Earnings attributable to Class I an [...]


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Xtreme Drilling and Coil Services Operations Update and Second Quarter 2013 Earnings Release Schedule

CALGARY, ALBERTA -- (Marketwired) -- 07/25/13 -- Xtreme Drilling and Coil Services (TSX: XDC) is pleased to provide a second quarter operations update along with an announcement of the date for the Q2 2013 earnings release and conference call.Second Quarter UpdateXtreme had 1,911 total operating days during the second quarter of 2013. This resulted in a utilization rate of 78% for the fleet of 21 XDR drilling rigs and 7 XSR coiled tubing units.The Drilling Segment achieved utilization of 85% on 1,621 operating days. This is comprised of a 92% utilization rate for the US XDR fleet and 41% for [...]


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Enerflex to Announce Second Quarter 2013 Results on August 14, 2013

CALGARY, ALBERTA -- (Marketwired) -- 07/25/13 -- Enerflex Ltd. (TSX: EFX) ("Enerflex" or the "Company"), a leading supplier of products and services to the global energy industry, will release its second quarter 2013 financial results on August 14, 2013. These results will be available on the Enerflex website at .Analysts, investors, members of the media and other interested parties are invited to participate in a teleconference and audio webcast on Thursday, August 15, 2013, at 9:00 a.m. MDT to discuss the second quarter 2013 financial results and operating highlights.To [...]


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The American Energy Group, Ltd. Announces Sale of Common Shares

WESTPORT, CT -- (Marketwired) -- 07/25/13 -- The (AEGG) (OTCQB: AEGG) announced today that it has sold 500,000 Common Shares to two (2) private investors for a cash consideration of $0.15 per share or a total consideration of $75,000 to the Company. The proceeds of the sale will be used for general and administrative operating capital and legal expenses.This news release contains forward-looking statements, including estimated time lines for future events. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, or performance and underlyi [...]


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GRNO Cease – Desist Order by the Alberta Securities Commission — Shareholder Assistance

EDMONTON, AB -- (Marketwired) -- 07/25/13 -- (PINKSHEETS: GRNO), a Florida corporation, received a Cease and Desist Order by the Alberta Securities Commission due to the Company's failure to comply with the provisions of National Instrument 51-102 Continuous Disclosure Obligations which was filed on July 16, 2013. National Instrument 51-102 requires, among other things, that financial statements be made publicly available for OTC reporting issuers.The Company has been unable to comply with both the National Instrument 51-102 reporting requirements, as well as the reporting requirements of the [...]


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Wenzel Downhole Tools Ltd. Sets the Record Straight And Encourages Shareholders to Vote for Plan of Arrangement

CALGARY, ALBERTA -- (Marketwired) -- 07/25/13 -- Wenzel Downhole Tools Ltd. (TSX: WZL) ("Wenzel" or the "Company") wishes to refute inaccurate and misleading statements regarding the proposed plan of arrangement (the "Arrangement") involving Wenzel, Basin Tools L.P. ("Basin") and 1748017 Alberta Ltd. (the "Purchaser") contained in recent news releases published by Perlus Investment Management LLC ("Perlus"), a minority shareholder of Wenzel.The Company wishes to thank shareholders for their strong support and encourages those who ha [...]


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Precision Drilling Corporation Announces 2013 Second Quarter Financial Results and 2013 Third Quarter Dividend

CALGARY, ALBERTA -- (Marketwired) -- 07/25/13 -- (Canadian dollars except as indicated)This news release contains "forward-looking information and statements" within the meaning of applicable securities laws. For a full disclosure of the forward-looking information and statements and the risks to which they are subject, see the "Cautionary Statement Regarding Forward-Looking Information and Statements" later in this news release.The Board of Directors of Precision Drilling Corporation (TSX: PD) (NYSE: PDS) ("Precision" or the "Corporation") has declared [...]


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