latest news releases from the newsroom
Lundin Petroleum AB
LUNDIN PETROLEUM SPUDS LUNO EXTENSION WELL ON PL338, OFFSHORE NORWAY
Following the Luno oil discovery made in 2007 and subsequent appraisal well
drilled in 2008/2009, this new well will target the hydrocarbon potential of
sandstones of Middle and Upper Jurassic age in a separate prospect in the south
of the same license block with gross potential, unrisked, recoverable resources
of 240 MMboe.
The planned depth is approximately 2,300 metres below mean sea level. The well
will be drilled from the semi-submersible drilling rig Songa Dee. Drilling is
expected to t
Find Your Passion and Live the Dream -- Entrepreneurs' True Stories Woven to Inspire, Energize, and Teach the Readers
STILLWATER, Okla., July 28, 2009 (GLOBE NEWSWIRE) -- Entrepreneurship entails broad knowledge and sincere passion to take risk, initiate, and finance new commercial enterprises to realize a greater dream. From a professor, an editor, an author, and entrepreneur, Jeretta Horn Nord, comes A Cup of Cappuccino for the Entrepreneur's Spirit: Volume I, an inspiring book that will help entrepreneurs and aspiring entrepreneurs become successful individuals in the field of entrepreneurship.
Brightpoint Announces $50 Million Share Repurchase Program
INDIANAPOLIS, July 28, 2009 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) today announced that the Company's board of directors approved the repurchase of up to $50 million of its common shares. The program is effective immediately and will expire on July 31, 2011. Repurchases may be made from time to time through open market or privately negotiated transactions or otherwise. This is the only share repurchase program in place currently. The Company currently believes that it will have sufficient liquidity to complete the repurchase program.
Brightpoint, Inc. Announces Resignation of Directors Designated by Selling Shareholder
INDIANAPOLIS, July 28, 2009 (GLOBE NEWSWIRE) -- Brightpoint, Inc. (Nasdaq:CELL) today announced that in connection with of the recent sale of 16.5 million shares of the Company's common stock by one of its shareholders, NC Telecom Holding A/S ("NC Holding"), pursuant to an underwritten public offering, and in accordance with the terms of the shareholder agreement entered into by the Company with NC Holding upon the closing of the Company's acquisition of Dangaard Telecom A/S (the "Shareholder Agreement"), it has requested that NC Holding identify two of the three directors that it proposed for nomination to resign from the Company's Board of Directors. NC Holding has identified Messrs. Jorn P. Jensen and Jan Gesmar-Larsen, who have resigned from the Company's Board of Directors effective today. Mr. Thorleif Krarup, who was also proposed for nomination by NC Holding, will remain on the Company's Board of Directors as NC Holding's remaining designee.