latest news releases from the newsroom
Lundin Petroleum AB
LUNDIN PETROLEUM TO RELEASE THE THREE MONTH REPORT, MONDAY THE 12 MAY 2008
>>LINK to WEBCAST<<
Ashley Heppenstall, President and CEO, and Geoff Turbott, CFO, will comment on
the report and the latest developments in Lundin Petroleum.
Follow the presentation live on www.lundin-petroleum.com. The slides will be
available on the website prior to the presentation.
Lundin Petroleum is a Swedish independent oil and gas exploration and
production company with a well balanced portfolio of world-class assets in
Europe, Africa, Russia and the Far East. The Company is li
Neil Squire Society
Neil Squire Society Receives Funding to Empower People With Disabilities
BURNABY, British Columbia, May 6, 2008 (PRIME NEWSWIRE) -- The Neil Squire Society will receive up to $1,339,369 to deliver Employ-Ability, a project that will help up to 214 people with major physical disabilities who require specific adaptations to take part in an employment assistance program. The announcement was made by Mr. James Moore, Member of Parliament (MP) for Port Moody-Westwood-Port Coquitlam, on behalf of the Honourable Monte Solberg, Minister of Human Resources and Social Development. During the announcement, MP Moore said, "Our government is ensuring that Canadians with disabilities have access to the training they need to find and keep quality jobs."
Pride International, Inc.
Pride International, Inc. Announces Agreement to Sell Platform Rig Fleet
HOUSTON, May 6, 2008 (PRIME NEWSWIRE) -- Pride International, Inc. (NYSE:PDE) today announced that it has entered into a definitive agreement to sell its fleet of platform rigs and related equipment to Blake International, LLC for $66 million in cash. The platform rig fleet consists of eight units in the U.S. Gulf of Mexico, of which four are under contract, two units under contract in Mexico and two units previously retired from service. The sale is expected to close on or before July 15, 2008, subject to certain closing conditions.
Tarpon Systems International LLC
Tarpon Systems International LLC Announces Acquisition of Tarpon System From Acergy Group
HOUSTON, May 6, 2008 (PRIME NEWSWIRE) -- Tarpon Systems International LLC today announced the acquisition of Tarpon System from the Acergy Group, including all patents, rights, and licenses, for an undisclosed amount. The acquisition, effective May 1, 2008, will broaden Tarpon's asset base and allow for a wider range of solutions to include design and engineering, fabrication, installation management, and contracting.
SP Plus Corporation
Standard Parking Corporation Reports First Quarter 2008 EPS Increase of 28 Percent, Solid Free Cash Flow; Raises 2008 Guidance
CHICAGO, May 6, 2008 (PRIME NEWSWIRE) -- Standard Parking Corporation (Nasdaq:STAN), one of the nation's largest providers of parking management services, today announced that first quarter 2008 net income increased by approximately 23% to $4.3 million, or $0.23 per share, as compared with $3.5 million, or $0.18 per share, in the first quarter of 2007, a per share increase of 28%. First quarter free cash flow of $2.9 million was in line with the Company's expectation of $27 million to $30 million of full year free cash flow.