latest news releases from the newsroom
Lundin Petroleum AB
EXPLORATION AND APPRAISAL WELL SPUDDED ON PL 006C, OFFSHORE NORWAY
The exploration well 2/5-14S is targeting the Hyme prospect while the side
track 2/5-14A is an appraisal well on the South East Tor discovery.
Lundin Petroleum estimates that the Hyme prospect has unrisked resource of 38
million barrels of oil equivalents (mmboe). The South East Tor chalk discovery
made in 1972 has estimated resources of 22.5 mmboe.
The jack-up rig Mærsk Gallant is used for drilling. Drilling time for the well
with side track is estimated to approximately 90 days.
Top Image Systems Ltd.
Top Image Systems Approves Amendment to Outstanding Options to Increase Staff Incentives and Motivation
TEL AVIV, Israel, Jan. 1, 2009 (GLOBE NEWSWIRE) -- Top Image Systems, Ltd. (TIS) (Nasdaq:TISA) (TASE:TISA), the leading innovator of intelligent document recognition, announced today that its Board of Directors approved the repricing of its outstanding stock options, as a means of rewarding and motivating its workforce, in order to align their goals with the long-term increase in shareholder value.
Glancy Binkow & Goldberg LLP
Glancy Binkow & Goldberg LLP, Representing Investors Who Purchased Horizon Lines, Inc., Announces Class Action Lawsuit and Seeks to Recover Losses -- HRZ
LOS ANGELES, Dec. 31, 2008 (GLOBE NEWSWIRE) -- Notice is hereby given that Glancy Binkow & Goldberg LLP has filed a class action lawsuit in the United States District Court for the District of Delaware on behalf of a Class consisting of all persons or entities who purchased or otherwise acquired the securities of Horizon Lines, Inc. ("Horizon" or the "Company") (NYSE:HRZ), between March 2, 2007 and April 25, 2008, inclusive (the "Class Period").