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Surge says $430-million asset sale will reduce debt, help invest in discovery
2015-04-27 17:21:00| Oil & Gas - Topix.net
Surge Energy Inc. is selling some of its oil-producing assets in Saskatchewan and Manitoba for $430 million to an unidentified Canadian company. Calgary-based Surge said the sale will allow it to reduce its indebtedness and prepare it to redeploy capital to the Upper Shaunavon oil discovery in southwestern Saskatchewan.
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reduce
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Surge says $430-million asset sale will reduce debt, help invest in discovery
2015-04-27 17:15:24| Energy - Topix.net
Surge Energy Inc. is selling some of its oil-producing assets in Saskatchewan and Manitoba for $430 million to an unidentified Canadian company. Calgary-based Surge said the sale will allow it to reduce its indebtedness and prepare it to redeploy capital to the Upper Shaunavon oil discovery in southwestern Saskatchewan.
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reduce
debt
discovery
Asian Firms May Invest $5 Billion in Cracker
2015-04-23 12:22:09| Food - Topix.net
As a firm already capable of producing 8.8 million tons worth of petrochemical products per year, Thailand's PTT Global Chemical may increase annual capacity by 1 million tons if it proceeds to crack ethane at the site now home to FirstEnergy's R.E. Burger plant in Belmont County. PTT Global and its Japanese partner, Marubeni Corp., on Wednesday joined Ohio and Belmont County officials to confirm intentions to build a $5 billion ethane cracker.
Tags: asian
firms
billion
invest
Asian Firms May Invest $5 Billion in Cracker
2015-04-23 10:15:41| Grocery - Topix.net
As a firm already capable of producing 8.8 million tons worth of petrochemical products per year, Thailand's PTT Global Chemical may increase annual capacity by 1 million tons if it proceeds to crack ethane at the site now home to FirstEnergy's R.E. Burger plant in Belmont County. PTT Global and its Japanese partner, Marubeni Corp., on Wednesday joined Ohio and Belmont County officials to confirm intentions to build a $5 billion ethane cracker.
Tags: asian
firms
billion
invest
Asian Firms May Invest $5 Billion in Cracker
2015-04-23 10:10:41| Chemicals - Topix.net
As a firm already capable of producing 8.8 million tons worth of petrochemical products per year, Thailand's PTT Global Chemical may increase annual capacity by 1 million tons if it proceeds to crack ethane at the site now home to FirstEnergy's R.E. Burger plant in Belmont County. PTT Global and its Japanese partner, Marubeni Corp., on Wednesday joined Ohio and Belmont County officials to confirm intentions to build a $5 billion ethane cracker.
Tags: asian
firms
billion
invest
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