latest news releases from the newsroom
Overseas Shipholding Group, Inc.
Morten Arntzen to Present at The Jefferies Annual Shipping Conference
NEW YORK, Sept. 25, 2006 (PRIMEZONE) -- Overseas Shipholding Group, Inc. (NYSE:OSG), a market leader in providing energy transportation services, today announced that Morten Arntzen, President and Chief Executive Officer, will present at the Jefferies 3rd Annual Shipping Conference at 1:30 p.m. ET on Wednesday, September 27, 2006. The conference will be held at the Mandarin Oriental Hotel, 80 Columbus Circle in New York City, New York.
Mammoth Energy Group Announces Completion of Two Wells in Oklahoma
DENVER, Sept. 25, 2006 (PRIMEZONE) -- Mammoth Energy Group Inc. (Pink Sheets:MMTH) announced today that its wholly owned subsidiary, KMV Consulting, has successfully completed two wells in its shallow gas project in Rogers County, Oklahoma. With these two wells, the total well count is now 12 producing wells. The two new wells were brought on-line in August and September and are on pace to add about 100,000 cubic feet per day (100 MCFD) in natural gas production as dewatering of the wells is completed. This should raise total production to just under 600 MCFD, which on a 12 month average for natural gas prices is the equivalent of about $3,900 in revenues per day before deducting line charges, royalties and operating expenses.
Hope & Helium -- Greed is Stronger Than Fear
LEAWOOD, Kan., Sept. 25, 2006 (PRIMEZONE) -- For centuries, governments and businesses around the world tried to prevent theft with what is now a complex series of laws and regulations. While most people view theft as an unlawful act that deprives the person or institution the possession of property or its use, one person views theft very differently. In the new book, Hope & Helium, author Saebloot reveals a biting story of greed, theft, and so-called punishment.
Tyson Foods, Inc.
Tyson Foods Powers the Fight Against Hunger Across Kansas
TOPEKA, Kan., Sept. 25, 2006 (PRIMEZONE) -- Tyson Foods Inc. (NYSE:TSN) is going on the road to fight hunger in Kansas. The company is sending a truckload of protein products to relief agencies in three Kansas cities, creating a two-day donation event beginning in Topeka, moving on to Wichita and ending up in Garden City. The organizations benefiting from the donations are:
Carver Bancorp, Inc.
Carver Bancorp Receives Regulatory Approvals for Community Capital Bank Acquisition
NEW YORK, Sept. 25, 2006 (PRIMEZONE) -- Carver Bancorp, Inc. (AMEX:CNY), the holding company for Carver Federal Savings Bank, today announced that it has received all required regulatory approvals to complete the previously announced strategic acquisition of Community Capital Bank, a Brooklyn-based community bank and leader in providing credit to minority- and women-owned small businesses in its markets. The acquisition is designed to complement Carver's existing real estate mortgage lending activities with expanded small business and non-profit lending expertise, creating a comprehensive lending platform to serve customers.
Carver Bancorp, Inc.
William C. Gray to Resign as Carver CFO Effective November 15, 2006; Roy Swan Named Successor
NEW YORK, Sept. 25, 2006 (PRIMEZONE) -- Carver Bancorp, Inc. (Amex:CNY), the holding company for Carver Federal Savings Bank, today announced that William C. Gray, Carver's Senior Vice President and Chief Financial Officer, has indicated his intention to resign his position as Chief Financial Officer in order to assume leadership of his family's out-of-state business activities. To ensure an orderly and timely transition of duties, Mr. Gray will continue as Carver's CFO through completion of the Company's fiscal second quarter and filing of its Form 10Q by November 15, 2006 and remain a Senior Vice President in the Finance and Accounting Department through December 31, 2006.