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Oil & Gas Drilling

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Pioneer energy services reports third quarter 2016 results

Tuesday, 1 Nov 2016 06:00am EDT

Pioneer Energy Services Corp : Pioneer energy services reports third quarter 2016 results . Pioneer energy services corp says anticipate sale of three scr walking rigs for gross proceeds of $11 million in november. . Pioneer energy services corp says in Q4 of 2016, drilling rig utilization is estimated to average 43% to 45%. . Pioneer energy services corp says production services segment margin is estimated to be 20% to 22% of revenues in Q4 . Pioneer energy services corp says production services segment revenue in Q4 is estimated to be flat to up approximately 3% as compared to Q3 of 2016 . Q3 loss per share $0.53 . Q3 revenue $68.4 million versus I/B/E/S view $63.2 million .Q3 earnings per share view $-0.34 -- Thomson Reuters I/B/E/S.

China Oilfield Services says 9-month net loss rmb 9.09 billion vs net profit rmb 1.25 billion a year ago

Friday, 28 Oct 2016 07:45am EDT

China Oilfield Services Ltd <601808.SS> :9-month net loss rmb 9.09 billion versus net profit rmb 1.25 billion a year ago.

Mammoth Energy Services shares open at $13.66 in debut, 8.9 pct below IPO price

Friday, 14 Oct 2016 10:45am EDT

: Mammoth Energy Services Inc shares open at $13.66 in debut below from IPO price of $15.00 per share ((Bangalore.newsroom@thomsonreuters.com;)).

Mammoth Energy Services Prices IPO of common stock

Thursday, 13 Oct 2016 06:39pm EDT

Mammoth Energy Services Inc : Mammoth Energy Services, Inc. Prices initial public offering of common stock .Says priced initial public offering of 7,.75 mlnshares of its common stock at offering price of $15.00 per share.

Daldrup & Soehne H1 net profit down at 3,000 euros

Tuesday, 4 Oct 2016 04:51am EDT

Daldrup & Soehne AG <4DSG.DE>: H1 total output of 21.0 million euros ($23.46 million) versus 11.1 million euros year ago . H1 EBIT 0.7 million euroa (previous year: 0.4 million euros) . H1 after tax profit of 3,000 euros versus 400,000 euros year ago .Forecast 2016 confirmed: around 33 million euros overall performance, EBIT margin 2 percent to 5 percent.

Primeline says China Oilfield Services has commenced arbitration proceedings against co's unit

Tuesday, 6 Sep 2016 05:07pm EDT

Primeline Energy Holdings Inc : China Oilfield Services Limited has commenced arbitration proceedings against co's Unit Primeline Energy Operations International . Amount claimed by COSL in COSL arbitration against PEOIL is rmb119 million, or about cad $22.8 million . Arbitration in relation to a claim for payment under previously announced turnkey drilling contract dated August 14, 2015 between COSL and PEOIL . Total amount outstanding and due from Zhejiang Gas as of end of August under gas sales contract is estimated to be rmb 435 million .Drilling contract relates to two wells drilled by COSL for peoil as operator in block 33/07 in late 2015..

Jasper Investments enters into an agreement with Pty Resources Pte. Ltd.

Monday, 5 Sep 2016 04:07pm EDT

Jasper Investments Ltd : Company has entered into an agreement with Pty Resources Pte. Ltd. . Co and PRPL have agreed in-principle to collaborate with one another to undertake marine transportation aspects of LY projects .

Jasper Investments responds to SGX queries

Sunday, 4 Sep 2016 05:18pm EDT

Jasper Investments Ltd : Response to sgx queries) . Whilst group is in a negative working capital position as at 30 June 2016, it has been able to meet short-term obligations . Says company is cautiously optimistic that its working capital position will further improve . Currently working with its controlling shareholder to raise further funding .

Jasper Investments updates on agreement with Guangdong Zhuhai City Luyuan Construction Engineering

Sunday, 4 Sep 2016 05:15pm EDT

Jasper Investments Ltd : Reached an in-principle understanding with Guangdong Zhuhai city luyuan construction engineering co . Will manage certain aspects of infrastructural projects secured by luyuan including the marine transportation of aggregates .

Diamond Offshore says unit received notice of termination from Petroleo Brasileiro

Thursday, 1 Sep 2016 06:25am EDT

Diamond Offshore Drilling Inc : On August 30, 2016, unit received notice of termination from Petroleo Brasileiro S.A. of drilling contract on Ocean Valor . Co does not believe Petrobras had valid/lawful basis for terminating contract, co to defend rights of unit under contract . Drilling contract was estimated to conclude in accordance with its terms in October 2018 - SEC filing Source: (http://bit.ly/2bXomra ) Further company coverage: [DO.N] ((Bangalore.newsroom@thomsonreuters.com;)).

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