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MLV & Co Reiterates On Gastar Exploration As Equity Offering Removes Liquidity Risk

2014-09-30 00:37:03| Logistics - Topix.net

In a report published Monday, MLV & Co analyst Chad Mabry reiterated a Buy rating on Gastar Exploration , but lowered the price target from $11.00 to $9.00. In the report, MLV & Co noted, "GST recently closed a common stock offering of 17.0 million shares .

Tags: risk offering equity exploration

 

ShawCor pipeline coating division wins $200M in contracts with BP Exploration

2014-09-27 00:48:20| Chemicals - Topix.net

ShawCor Ltd. says its Bredero Shaw pipe coating division has received contracts worth US$200 million from BP Exploration Ltd. Under the contact, which begins later this year and continues until 2018, the company will provide pipeline coating and other services in connection with the Shah Deniz Stage 2 gas development project in the Caspian Sea. In addition to the contracts, Bredero Shaw is also bidding on other jobs related to the second stage of the Shah Deniz project which will add 16 billion cubic metres per year of gas production to the approximately nine billion per year produced by Shah Deniz Stage 1. The project will see the transfer of gas from the Caspian Sea to Europe via a 3,500-kilometre pipeline.

Tags: division contracts wins exploration

 
 

Gastar Exploration to Present at the Johnson Rice & Company 2014 Energy Conference in New Orleans

2014-09-26 03:28:00| Logistics - Topix.net

To listen to an audio webcast of the presentation and view accompanying presentation materials, visit the Investor Relations page of Gastar's web site at www.gastar.com and select Events/Presentations. A replay will be archived on the web site shortly after the presentation concludes.

Tags: new company present energy

 

Gastar Exploration Sees Significant Increase in Short Interest

2014-09-25 04:00:07| Logistics - Topix.net

Shares of Gastar Exploration were the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 7,874,505 shares, a growth of 8.3% from the August 29th total of 7,270,759 shares, StockRatingsNetwork reports.

Tags: short interest increase significant

 

Azonto Petroleum seeks exploration extension for Accra Block, offshore Ghana

2014-09-25 01:00:00| Offshore Technology

West Africa-focused oil and gas firm Azonto Petroleum has applied to further extend the exploration period for the Accra Block, offshore Ghana.

Tags: block extension seeks ghana

 

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