latest news releases from the newsroom
Transmeridian Exploration, Inc.
Transmeridian Exploration to Review Strategic Alternatives
HOUSTON, March 15, 2007 (PRIME NEWSWIRE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that it plans to review strategic alternatives for its South Alibek field in Western Kazakhstan. The field represents substantially all of the assets of the company. Strategic alternatives include the sale of a partial or complete interest in the field, a farm-in arrangement or a sale of the company in its entirety. The company has held discussions with potential strategic partners, including discussions initiated by such parties, and has executed confidentiality arrangements with certain of those parties.
The NASDAQ OMX Group, Inc.
NASDAQ Stock Market Appoints the Honorable Michael G. Oxley as Vice Chairman
NEW YORK, March 15, 2007 (PRIME NEWSWIRE) -- The Nasdaq Stock Market, Inc. (NASDAQ(r)); (Nasdaq:NDAQ) today announced that it has appointed the Honorable Michael G. Oxley as non-executive Vice Chairman of NASDAQ. In his new position, Mr. Oxley will work with public company chief executives and board members on NASDAQ's behalf and oversee outreach to NASDAQ listed companies on public policy issues. Additionally, he will serve as an advisor to NASDAQ President and Chief Executive Officer Bob Greifeld and the NASDAQ Board of Directors. Oxley will report to Bob Greifeld.