Oil & Gas Drilling

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Petro-king Oilfield Services Ltd gives FY 2014 earnings guidance

Wednesday, 24 Dec 2014 09:05am EST

Petro-king Oilfield Services Ltd:Expects to record a net loss for FY 2014 as compared to a net profit for FY 2013.

Noble Corp. enters into settlement with DOJ

Monday, 8 Dec 2014 04:31pm EST

Noble Corporation:Announced that it has reached a final settlement with the Department of Justice (DOJ), concluding a two-year investigation into the company's operations and systems aboard the drillship Noble Discoverer.Says settlement agreement also covers certain record keeping issues related to the Kulluk drilling rig, which was previously crewed by Noble personnel.Under the terms of the agreement, Noble will pay $8.2 million in fines and $4 million toward community service as designated by the DOJ.

Vantage Drilling Co announces changes in registrant’s certified accountants - Form 8-K

Friday, 5 Dec 2014 06:02am EST

Vantage Drilling Co:UHY LLP served as independent registered public accounting firm to audit the financial statements and internal control over financial reporting of company for the fiscal year ended Dec. 31, 2013.Audit Committee of the Board selected UHY to serve as company’s independent registered public accounting firm for the fiscal year ending Dec. 31.On Dec. 01, UHY informed company that, effective as of such date, its Texas practice had been acquired by BDO USA, LLP.As a result of this transaction, effective Dec. 01, UHY resigned as the Company’s independent registered public accounting firm for the fiscal year ending Dec. 31.As a result of the UHY transaction, audit Committee appointed BDO USA, LLP (BDO) as the successor independent registered public accounting firm on Dec. 03.

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