Companies - News
The U.S. and EU imposed economic sanctions on Russia over its annexation of the Crimea region in 2014 and role in the conflict in eastern Ukraine.
J.P. Morgan led the facility and was joined by a syndicate of 11 banks, including six new lenders. As of March 31,about $172 million was drawn on the facility.
The world’s No.1 oilfield services provider said revenue rose 5.7% to $6.89 billion in the quarter ended March 31, but its cost of revenue increased 11.3% to $6.08 billion.
Chevron said it was disappointed by the judgment in the case, which covers the five tax years from 2004 through 2008.
California Resources is looking to accelerate the development of its "vast resource basin" in the Golden State with a partnership with Macquarie worth up to $300 million.
Most recently, Jeff Ritenour was senior vice president of corporate finance, investor relations and treasurer. Devon also said that its incumbent CFO, Tom Mitchell, will leave to pursue other interests.
NCS Multistage's IPO is priced between $15 and $18 per share and includes a 1.425-million-share greenshoe. Proceeds will be used to repay debt and for general corporate purposes.
Venoco had quit-claimed its leases in the South Ellwood Field back to the state prior to bankruptcy, beginning the decommissioning process, the press release said.
Brooks has more than 34 years of experience in the energy industry, most recently as CEO for Yates Petroleum which merged with EOG Resources in October.
Tapstone Energy filed for an IPO of up to $100 million, the E&P, which claims to hold the largest contiguous leasehold position in the Northwest Stack Play, said in regulatory filings on April 13.
Jack Stark's title is set to change to president when Maranto joins May 1. Stark has served as president and COO of Continental since 2014 and has been with the company since 1992.
In addition, Tom Schaefer and Andy Taurins have joined Seaport as managing directors to co-head the firm's A&D investment banking team.
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