Emerson has been awarded a $14 million contract on Oct. 20 to provide automation technologies for the new Azeri Central East offshore platform in the Caspian Sea, the latest development in the Azeri-Chirag-Deepwater Gunashli oil field. Bill Barrett Corporation (NYSE:BBG) Files An 8-K Entry into a Material Definitive AgreementItem 1.01 Entry into a Material Definitive Agreement. To adopt the Agreement and Plan of Merger, dated as of December 4, 2017, by and among Bill Barrett Corporation, Fifth Creek Energy Operating Company, LLC, Red Rider Holdco, Inc., Rio Merger Sub, LLC, Rider Merger Sub, Inc. and, for limited purposes set forth in the merger agreement, Fifth Creek Energy Company, LLC and NGP Natural Resources XI, L.P. "The capital program will be primarily internally funded, and we will increasingly allocate capital to higher-return projects in our core asset portfolio, while effectively managing liquidity and maintaining balance sheet flexibility.". It previously said that costs could reach $2.5 billion, with annual output totaling about 1.6 million ounces.While developing giant deposits is typically a lengthy and costly process, the field may allow Polyus to boost annual output by at least 70%. Bill Barrett previously entered into an agreement for the all-stock merger with NGP-backed Fifth Creek in December. On March 22, newly-created HighPoint announced a 2018 capex of $500 million to $550 million with plans to grow production by roughly 80% year-over-year. While investors are obsessed with Tesla's surge, legendary investor Whitney Tilson says an even bigger EV story will provide the highest gains. Wall Street’s analyst corps sees them as ripe for investment returns, while the dividend yield of 9% or better promises relief from today’s low-rate regime. Gold prices have rallied about 60% since the company purchased it, and reached a record in August as vast amounts of stimulus were pumped into economies to curb the damage from the coronavirus pandemic.“We want to show that a project of this quality and scale can and should be carried out, taking into account the best environmental standards, despite the hard-to-reach location,” Grachev said.More on Sukhoi Log:The audit shows that as well as economically mineable reserves, the deposit has 67 million ounces of total resources, up from 63 million ounces previously estimated.That figure may rise after more drilling and studies.Main investment is due to start in 2023. Bill Barrett previously entered into an agreement for the all-stock merger with NGP-backed Fifth Creek in December. Using the TipRanks database, we’ve pulled two stocks with Strong Buy ratings and high dividend yields. Connecting upstream production to the downstream sector and putting midstream in the center of it all. The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address accusations of censorship in the closing weeks of the presidential campaign. Cash in one lump sum. Cramer likes these Chinese play stocks: 3M Company (NYSE: MMM), Emerson Electric Co (NYSE: EMR) and Otis Worldwide Corporation (NYSE: OTIS).The biggest winners are the China consumer plays, which are Starbucks Corporation (NASDAQ: SBUX), Apple Inc. (NASDAQ: AAPL) and Nike, Inc. (NYSE: NKE) according to Cramer. meds online, directly to you, up to 85% cheaper than the other guys. Are you putting away enough for retirement? Shares are selling for $16.46, and the average price target of $19.75 indicates a 20% upside potential. While those stock issuances are highly dilutive to existing investors, they will create a much stronger entity that can better weather the current oil market thanks to its increased scale and improving financial position. A searchable database of oil and gas debt and equity offerings. Siberian Gold Deposit Has World’s Largest Reserves, Pioneer CEO Predicts ‘Only Three or Four’ U.S. Oil Stocks Are Worth Buying, GE's stock surges toward a more-than 4-month high, after report of potential asset sale, Americans tend to blow an inheritance — here’s how to be prudent and have some fun too, 2 “Strong Buy” Dividend Stocks Yielding at Least 9%, Here's When American, Southwest Expect The 737 Max To Return As Q3 Results Beat, If you missed out on the early days of Apple and Google, billionaire Paul Tudor Jones has the investment for you, Align Technology CEO: 'Zoom Effect' is powering sales of Invisalign aligners, Playing the Market Is a Bad Idea, Especially Now. The Justice Department’s lawsuit alleging that Google parent company Alphabet (GOOG, GOOGL) operates an illegal monopoly has revealed a potential threat to fellow tech giant Apple’s bottom line. Bill Barrett also said Wednesday it had raised $105 million in a public offering of 21 million shares to help fund future spending. Bill Barrett Corporation (NYSE: ... Bill Barrett either issued or plans to issue a boatload of stock to shore up its balance sheet and merge with a peer, which is what's weighing on shares today. Here’s Why. The merger is expected to take place in the first quarter or early second quarter pending shareholder and regulatory approvals. The remarkable aspect was that the transition occurred during the COVID outbreak – and that the company showed positive revenues and earnings during that time, avoiding the heavy losses that have plagued some of its competitors. No collateral required. Bill Barrett Corporation agreed to a strategic business combination with Fifth Creek Energy in a transaction valued at $649 million. In addition to that strategic combination, Bill Barrett announced that it agreed to exchange newly issued shares to the holder of $50 million of its 7% senior notes due in 2022. Bill Barrett CEO and president Scot Woodall will serve as chief executive of the new company, whose board will consist of Bill Barrett’s six current directors and five directors that Fifth Creek will appoint. The two Denver-based companies will become subsidiaries of a new public holding company that will control 151,100 net acres and an inventory of 2,865 undeveloped drilling locations in the Hereford Field in rural northern Weld County. Bill Barrett Corp. emerged as a new Denver-Julesburg (D-J) Basin focused E&P named HighPoint Resources Corp. (NYSE: HPR) following the completion of its strategic combination with Fifth Creek Energy Co. LLC on March 20, the Denver-based company said. Bill Barrett Corp., one of Colorado's largest publicly-traded oil and gas producers, plans to combine with privately-held Fifth Creek Energy in a deal valued at $649 million. The government had long considered offloading the deposit, and in 2017 sold the field in an auction to Polyus and a state partner, which the mining company later bought out.Polyus said earlier this year that it would focus on smaller projects and reducing its debt ratio in the coming years before developing the field. Trump's stance on coronavirus stimulus shifts 'on an hourly basis,' Sen. Chris Murphy says, 5 things that could change fast if Trump loses, Trump-Backing Oilman Hamm Says $6 Gasoline Possible in Biden Win, Epidemiologist on Moderna’s COVID-19 vaccine: ‘It’s promising’, TREASURIES-Yields hit four-month highs on fiscal stimulus hopes, The inventor of the ‘4% rule’ just changed it. Subscribe for free to our newsletters for the latest energy news. All rights reserved. A comprehensive source for coverage of the financial landscape of the oil and gas industry. What Is the Average 401(k) Balance by Age? Looking ahead, all we know is that current events will reinforce the uncertainty.Earnings season has started. This is more than 7x the average found among S&P listed dividend payers.Liam Burke, of B. Riley FBR, counts himself as a fan. Great customer experience (CX) sets businesses apart and promotes lifelong loyalty.