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CanElson Drilling cuts capital budget by 80%, reduces dividend by half

2015-01-19 21:23:11| Energy - Topix.net

CanElson Drilling Inc. says it will reduce its quarterly dividend by 50 per cent, defer the completion of three new drilling rigs, and reduce its capital budget by 80 per cent as a result of low crude oil and natural gas prices. The Calgary-based company says activity remains relatively strong its expects both activity and pricing levels to decline in 2015 in response to what appears to be a prolonged decline in global oil prices.

Tags: by half capital budget

 

CanElson Drilling cuts capital budget by 80%, reduces dividend by half

2015-01-19 21:03:22| Oil & Gas - Topix.net

CanElson Drilling Inc. says it will reduce its quarterly dividend by 50 per cent, defer the completion of three new drilling rigs, and reduce its capital budget by 80 per cent as a result of low crude oil and natural gas prices. The Calgary-based company says activity remains relatively strong its expects both activity and pricing levels to decline in 2015 in response to what appears to be a prolonged decline in global oil prices.

Tags: by half capital budget

 
 

CanElson Drilling cuts capital budget by 80%, reduces dividend by half

2015-01-19 18:26:01| IT Services - Topix.net

CanElson Drilling Inc. says it will reduce its quarterly dividend by 50 per cent, defer the completion of three new drilling rigs, and reduce its capital budget by 80 per cent as a result of low crude oil and natural gas prices. The Calgary-based company says activity remains relatively strong its expects both activity and pricing levels to decline in 2015 in response to what appears to be a prolonged decline in global oil prices.

Tags: by half capital budget

 

Producer Says SowMAX Reduces Feed Waste

2015-01-08 01:00:00| ThePigSite - Industry News

GLOBAL - Interest in SowMAX was high at EuroTier 2014 in Hannover, Germany, and one producer has seen a reduction in feed waste, writes Hog Slat's Scott Bauck.

Tags: feed waste producer reduces

 

Heathrow reduces holding times with cross-border trial

2015-01-08 01:00:00| Airport Technology

A trial to cut down on the amount of time aircrafts spend circling in holding stacks at Londons Heathrow Airport has shown positive results.

Tags: times trial holding reduces

 

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