November 30, 2009

SandRidge to buy Forest Oil properties for $800M (AP)

SandRidge Energy has agreed to buy Permian Basin oil and gas properties from Forest Oil for $800 million. Oklahoma City-based SandRidge Energy Inc. announced Monday it will acquire the west Texas properties, which cover more than 90,000 net acres.

Categories: Commodities Trading 

PicksThatMove.com Announces Investment Opinion on Citigroup Inc., Berens Energy Inc., Somaxon Pharmaceuticals Inc., Gran Tierra Energy Inc. and NeoMedia Technologies Inc. (Business Wire)

NEWARK, Del.—-PicksThatMove is pleased to bring investors special situation stocks which have a high potential for price appreciation. These companies have interesting business models and they have to execute on the business development level to bring value to shareholders.

Categories: Commodities Trading 

Stocks turn higher to extend month’s big gains (AP)

The stock market ended November with its best monthly performance since the summer — even as investors worried about the strength of the holiday shopping season.

Categories: Commodities Trading 

Caesar Pipelay Vessel Joins Helix ESG Fleet (Business Wire)

HOUSTON—-Helix Energy Solutions Group, Inc. new deepwater pipelay vessel, Caesar, departed the shipyard in China on November 28, and is transiting to the Gulf of Mexico where she will join the company’s subsea construction fleet.

Categories: Commodities Trading 




Kinder Morgan names pipeline executives (AP)

Pipeline and energy storage company Kinder Morgan said Monday that it has named Tom Martin president of its natural gas pipeline operations as part of changes it is making in natural gas pipelines group.

Categories: Commodities Trading 

Crosstex to Present December 8 at Wells Fargo Eighth Annual Pipeline and Master Limited Partnership Symposium (Business Wire)

DALLAS—-Crosstex Energy, L.P. and Crosstex Energy, Inc. announced today that William W. Davis, Executive Vice President and Chief Financial Officer, will present at the Wells Fargo Eighth Annual Pipeline and Master Limited Partnership Symposium in New York at 4:05 p.m.

Categories: Commodities Trading 

Panel considers energy efficiency in natural gas (AP)

The South Dakota Public Utilities Commission should adopt a general policy that makes it clear energy efficiency is a priority in regulating utilities that sell natural gas in the state, commission chairman Dusty Johnson said Monday.

Categories: Commodities Trading