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Oil & Gas Drilling

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Xinjiang Beiken Energy Engineering Stock to set up subsidiaries in Ningbo and Hong Kong

Monday, 24 Apr 2017 05:54am EDT

April 24(Reuters) - Xinjiang Beiken Energy Engineering Stock Co Ltd <002828.SZ> ::* Says it will invest 30 million yuan to set up a wholly owned assets management subsidiary in Ningbo.* It will invest HK $10 million to set up a wholly owned energy subsidiary in Hong Kong.

Xinjiang Beiken Energy Engineering Stock sees H1 2017 net profit up 5-50 pct

Sunday, 23 Apr 2017 11:51pm EDT

April 24 (Reuters) - Xinjiang Beiken Energy Engineering Stock Co Ltd <002828.SZ>: :* Sees net profit for H1 2017 to increase by 5 percent to 50 percent, or to be 13.8 million yuan to 19.7 million yuan, compared to net profit of the same period in 2016 (13.2 million yuan).* Comments that increased well drilling orders is the main reason for the forecast.

Total Energy Services acquires additional shares of Savanna Energy Services

Friday, 21 Apr 2017 07:09pm EDT

April 21 (Reuters) - Total Energy Services Inc TOT.TO::Total Energy Services Inc. Announces acquisition of shares of Savanna Energy Services Corp. On the tsx.Purchased 299,500 Savanna shares on april 21.

Total Energy Services acquires TSX-listed shares of Savanna Energy

Thursday, 20 Apr 2017 07:43pm EDT

April 20 (Reuters) - Total Energy Services Inc TOT.TO::Total Energy Services Inc. Announces acquisition of shares of Savanna Energy Services Corp. On the TSX.Purchased 40,500 Savanna shares on april 20.

Total Energy Services purchased 60,000 Savanna shares on April 19

Wednesday, 19 Apr 2017 08:02pm EDT

April 19 (Reuters) - Total Energy Services Inc :Total Energy Services Inc. announces acquisition of shares of Savanna Energy Services Corp. on the TSX.Purchased 60,000 Savanna shares on April 19.

Savanna Energy Services announces Receipt of demand for payment of termination fee

Tuesday, 18 Apr 2017 01:55pm EDT

April 18 (Reuters) - Savanna Energy Services Corp :Savanna energy services - received demand from western energy for payment of termination fee in amount of $20 million pursuant agreement dated March 8, 2017.Says "Savanna is of view there is no basis for claim made by Western in notice".

Savanna Energy Services announces Receipt of demand for payment of termination fee

Tuesday, 18 Apr 2017 01:55pm EDT

April 18 (Reuters) - Savanna Energy Services Corp :Savanna energy services - received demand from western energy for payment of termination fee in amount of $20 million pursuant agreement dated March 8, 2017.Says "Savanna is of view there is no basis for claim made by Western in notice".

Western Energy Services issued demand for payment to Savanna Energy services for termination fee of $20 mln

Tuesday, 18 Apr 2017 07:30am EDT

April 18 (Reuters) - Savanna Energy Services Corp :Western Energy Services - issued formal demand for payment to Savanna Energy services for payment of termination fee of $20 million related to arrangement dated march 8.Western Energy Services Corp - Western believes that it is entitled to damages including termination fee provided for under arrangement agreement.Western Energy Services - if Savanna fails to make payment promptly, co will commence litigation by filing statement of claim against Savanna.Western Energy Services Corp says Western's demand for payment provides savanna with five business days in which to pay termination fee.

Western Energy Services issued demand for payment to Savanna Energy services for termination fee of $20 mln

Tuesday, 18 Apr 2017 07:30am EDT

April 18 (Reuters) - Savanna Energy Services Corp :Western Energy Services - issued formal demand for payment to Savanna Energy services for payment of termination fee of $20 million related to arrangement dated march 8.Western Energy Services Corp - Western believes that it is entitled to damages including termination fee provided for under arrangement agreement.Western Energy Services - if Savanna fails to make payment promptly, co will commence litigation by filing statement of claim against Savanna.Western Energy Services Corp says Western's demand for payment provides savanna with five business days in which to pay termination fee.

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