Oil & Gas Drilling

Paragon Offshore reaches ownership of 99.6% in Prospector Offshore Drilling

Prospector Offshore Drilling SA:Final result of mandatory offer made by Paragon Offshore plc (the offeror) shows that the offeror has received acceptances for 886,010 shares in Prospector Offshore Drilling, about 0.9 pct of issued shares in company.Together with 93,348,419 shares already held,...

Wednesday, 21 Jan 2015 02:17am EST

Eurasia Drilling Company Ltd proposes merger

Eurasia Drilling Company Ltd:Agreed with certain members of the company's management team and certain significant shareholders (Participants) the terms of a merger between the company and EDC Acquisition Co Ltd (EACL).It intends to cancel the listing of the GDRs representing its issued and...

Tuesday, 20 Jan 2015 02:00am EST

CanElson reduces its quarterly dividend by 50 pct

CanElson Drilling Inc:Reduced its quarterly dividend to $0.03 per share, down from $0.06 per share previously.

Monday, 19 Jan 2015 07:30am EST

Savanna Energy Services Corp reduces dividend

Savanna Energy Services Corp:Reassessed level of company's dividend in context of unfolding market conditions.In this regard, until such time as Savanna's management and Board see a sustainable recovery in world crude oil prices and oilfield services activity.Savanna has determined to reduce...

Thursday, 15 Jan 2015 05:01pm EST

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