Major Drilling Announces Agreement To Purchase The Business of Taurus Drilling Services

MONCTON, NB, July 21, 2014 - Major Drilling is pleased to announce its entry into the underground percussive/longhole drilling sector with its agreement to purchase the operations of Taurus Drilling Services.  This business operates in Canada, the U.S. and Mexico, providing underground percussive/longhole drilling to mining company clients.

Through this purchase, Major Drilling will acquire 39 drill rigs, together with related equipment, inventory and contracts.  In addition to purchasing the drilling assets, Major Drilling is retaining the operation's management teams, as well as the other employees, including experienced drillers.  Over the past 12 months the operations of Taurus have produced revenue of approximately $38 million and EBITDA of approximately $8 million. The closing of the transaction is currently scheduled for August 1, 2014, and is subject to normal closing conditions.

Read more: Major Drilling ( MDI )

Questerre Energy Corporation: Upper Montney Tests at 1,076 boe/d Gross with 227 bbls/MMcf of Condensate

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Questerre Energy Corporation ("Questerre" or the "Company") (QEC.TO)(QEC.OL) is pleased to report on the test results from its seventh horizontal well at 02/14-30-63-5W6M (the "02/14-30 Well") in the Kakwa-Resthaven area of west central Alberta.

The 02/14-30 Well is the first well on the joint venture acreage that has been completed in the D4 unit, an upper interval of the Montney formation.

The 02/14-30 Well was drilled to a total measured depth of 4563m with a horizontal leg of approximately 1100m or 200m-500m shorter than the previously drilled horizontal wells.

Read more: Questerre Energy Corporation ( QEC )

Thursdays’ Renewable Energy Stocks Trading; TSL, ENER, VRNM (OTC: CWET)

 

Energy Conversion (NASDAQ:ENER) Soars over 25%

 

Point Roberts WA- Aug. 25, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks trading for August 25th.

 

Trina Solar Limited (ADR)   (NYSE:TSL) jumped 0.32 (2.20%) to $14.89. Recently, Trina Solar earned $579.5 million in net revenue for the second quarter of 2011, representing a 5.2 percent increase compared with last year's $550.9 million, and attributed to a rise in solar module shipments at 396 megawatts from Q1's 320 MW.

Read more: Thursdays’ Renewable Energy Stocks Trading; TSL, ENER, VRNM (OTC: CWET)

Monday’s Renewable Energy Stocks Trading ; YGE, STP, LDK, (OTC:CWET)

 

Investors on the Hunt for ‘Green’

 

Point Roberts WA- Aug. 23, 2011 (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in cleantech investor research, reports on trading for renewable energy stocks for  Monday August 22.  Investors found gains in yesterday’s trading session as the overall market showed positive signs.

 

Wind stock, Clean Wind Energy Tower Inc (OTCBB:CWET) ended the day lower by 0.010 (-5.00%) to $0.190. The company is currently working its location for the first large downdraft wind tower.

Read more: Monday’s Renewable Energy Stocks Trading ; YGE, STP, LDK, (OTC:CWET)

 Over the past week and more, we've been talking about crude oil, crude oil and crude oil.

And for good reason. Oil prices jumped above $97 a barrel in after-hours trading on Friday. This industry is so important -- and so riddled with corruption and greed -- that Sandy Franks and I wrote a book about it, Barbarians of Oil.

But while we've been talking about crude oil, natural gas has quietly crept back onto the investment scene. In fact, natural gas prices climbed six out of the past seven trading days.

So we're asking, "Is natural gas a good investment right now?"

Read more: Should You Invest in Natural Gas?