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Gastar Plans River Drilling

2014-10-25 10:18:01| Logistics - Topix.net

Because his company spent more than $500 million while successfully fracking 64 Marcellus and Utica shale wells in Marshall County, Mike McCown believes Gastar Exploration can extract natural gas from beneath the Ohio River. On Friday, McCown, chief operating officer for Gastar, and West Virginia Deputy Secretary of Commerce Joshua Jarrell said the Houston, Texas-based firm is the highest bidder for a 232-acre tract underlying the river at the border of Marshall and Wetzel counties.

Tags: plans river drilling gastar

 

Chiquita holders reject plans to merge with Fyffes

2014-10-24 18:16:25| Agriculture - Topix.net

Chiquita shareholders have rejected plans to merge with Irish fruit importer Fyffes that would have made the world's largest banana supplier. Chiquita Brands International Inc. said Friday that the shareholders didn't approve a revised transaction agreement between the two companies during a special shareholders meeting.

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Sky unveils plans for on-demand TV

2014-10-24 14:05:55| Telecom - Topix.net

Sky Network Television, the country's dominant pay-TV operator, sees annual profit rising as much as 8.6 percent in the 2015 financial year, and plans to upgrade its customer set-top boxes and roll out a new web-based on-demand service. The Auckland-based company forecasts annual profit of between $170 million and $180 million in the 12 months ending June 30, 2015, from $165.8 million in 2014, while revenue is expected to rise to between $930 million and $940 million, from $909 million in 2014, according to slides accompanying chief executive John Fellet's speech to shareholders at today's annual meeting.

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Student housing plans at The Brewery moving ahead

2014-10-24 13:58:31| Beverages - Topix.net

After more than three years of work, developer Blue Ribbon Management LLC is pulling together the final pieces for its planned 400-bed student apartment and extended-stay hotel in The Brewery. Some cleanup work already has been done to the 250,000-square-foot Pabst Brewing Co.

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Stora Enso Plans EUR 27 Million Project to Increase Production of Board Machine at Imatra Mills

2014-10-24 10:08:43| Paper - Topix.net

Stora Enso has slated EUR 27 million to increase the production capacity of a board machine by 20,000 tpy at its Imatra Mills in Finland. Oct. 23, 2014 - Stora Enso said that it will invest EUR 27 million in an upgrade project involving consumer board machine 5 at the company's Imatra Mills' Tainionkoski unit in Finland.

Tags: board project increase eur

 

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