Saturday, August 31, 2024

Synergy Resources Announces Wattenberg Field Asset Purchase, Provides Operations Update

Synergy Resources Corporation (NYSE MKT: SYRG) (“Synergy” or the “Company”), an oil and gas exploration and production company focused in the Denver-Julesburg Basin, announced it has signed an agreement to purchase interests in producing wells and leasehold in the Wattenberg Field from K.P. Kauffman Company, Inc. The assets include leasehold rights for 4,300 net acres in the Wattenberg Field and

Northern California Valley fire damages part of huge geothermal power generator

Story by The Los Angeles Times Fires have damaged five cooling towers at the Geysers geothermal power generation facility. The facility continues to produce electricity at more than two-thirds of its full capacity, said Brett Kerr, a spokesman for the plant’s operator, Houston-based Calpine. The Geysers, which sits on 45 square miles along the Sonoma County and Lake County border,

Hewlett-Packard to Cut Up to 30,000 More Jobs in Restructuring

Hewlett-Packard Co., the technology company splitting into two separate entities, said it will cut 25,000 to 30,000 more jobs as part of a $2.7 billion restructuring, primarily focused on its enterprise-services division. The company will incur a charge of about $2.7 billion, Hewlett-Packard said Tuesday at a meeting with analysts. The company had previously disclosed $2 billion in probable cost

Can Cheniere Energy Fend off LNG Headwinds? Carl Icahn Thinks So

Did Cheniere Squeeze through a Closing Door? Carl Icahn has followed up his August purchase of 19.4 million Cheniere Energy (ticker: LNG) shares by purchasing another 3.3 million shares, increasing his stake in the company to about 9.59%. Icahn’s group was awarded two seats on the board upon its purchase last month and has now invested approximately $1.2 billion in

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