latest news releases from the newsroom
StockGuru.com Announces Profile Coverage of Industrial Nanotech
DALLAS, June 16, 2006 (PRIMEZONE) -- John Pentony, Publisher of StockGuru.com, announced today that the web site has initiated Profile Coverage of Industrial Nanotech Inc. (Pink Sheets:INTK). Industrial Nanotech is a public company traded on the Pink Sheets under the symbol INTK. The company was created in 2004 in order to capitalize on new opportunities that were emerging out of the nanotechnology sector.
Aquila Reaches Agreement on New Ownership for Elwood Tolling Contracts
KANSAS CITY, Mo., June 16, 2006 (PRIMEZONE) -- Aquila, Inc. (NYSE:ILA) today announced Constellation Energy Group, Inc., a subsidiary of Constellation Energy, has assumed the ownership of its Elwood tolling contracts. Aquila is paying the Constellation subsidiary $218 million to assume the contract obligations that extend through August 2017. This transaction effectively eliminates approximately $405 million in fixed financial obligations.
Seadrill Secures Contract for West Epsilon
HAMILTON, Bermuda, June 16, 2006 (PRIMEZONE) -- Statoil has awarded Seadrill a drilling contract for the ultra large jack-up rig West Epsilon in Norway. The contract duration will either be two years firm with an option for another two years or three years firm with an option for an additional year. Statoil has a 30-day period to decide on the length of the firm contract. The estimated contract value of the firm period is either USD 241 million or USD 334 million, respectively. Commencement is in direct continuation of the existing contract.