|
CALGARY, ALBERTA--(CCNMatthews - Oct. 3, 2006) - Builders Energy Services Trust (the "Trust", or "Builders") (TSX:BET.UN) is pleased to announce the closing of the acquisition of all of the outstanding shares of Murphy's Oilfield Services Ltd. ("Murphy's").
Established in 1996, Murphy's provides a variety of oilfield services, with a focus on service rigs and camp rentals, to oil and gas companies operating in north-central Alberta from its Slave Lake location.
The Trust has entered into an agreement to retain key management. In addition, consistent with Builders' strategy, the business will continue to operate under Murphy's name with their existing staff.
The $12.4 million purchase price consisted of $5.4 million in cash, 343,228 Trust Units and $1.6 million of assumed debt.
New York, NY (AHN) - An inspection of the space shuttle Atlantis this week has revealed a tiny hole in a radiator panel mounted to one of the two cargo bay doors on the shuttle. According to the U.S. space agency NASA's website on Thursday. The hole which is one-tenth of an inch in diameter was supposedly punched in by a tiny piece of space debris that might have struck the panel during the shuttle's September spaceflight. NASA said that it wasn't clear exactly what the object was, but that the hole it created didn't pose any danger to the six-astronaut crew or vehicle at any given time. The Space agency went on to say the object did not hit the sensitive tiles or thermal panels that shields the vehicle during its fiery entry to Earth's atmosphere. The damage "didn't endanger the spacecraft or the crew, nor did it affect mission operations," NASA said adding that the hole was discovered by the Atlantis crew while working on the spacecraft.
To bring the housing market into balance, Phoenix area home builders need shrink their inventory and home sellers need to realize they won't get top dollar for their homes. "It's time to take some corrective action," RL Brown told an audience of about 1,100 Thursday at the Greater Phoenix Chamber of Commerce Economic Outlook 2007 breakfast. Brown runs RL Brown Housing Reports. .
Victor Green and Dan Create both attended the New Carlisle City Council meeting Monday to discuss the changes they are experiencing at the housing development on the east side of the city off New Carlisle Pike.
So far approximately 44 homes have been built in the development with several of those near completion.
According to Green, Home Builders who had joined the development to build homes pulled out without notice. They will complete the homes they are currently working on, he added.
Green said that because the previous builder had a large reduction in its Florida market of about 35-40 percent they decided to pull out of Ohio.
"The good news is that with adversity comes opportunity," he said. Twin Creeks will no longer have an exclusive home builder there, but go with three.
ST. LOUIS (AP) -- Lambert International Airport in St. Louis says it will join a majority of other U.S. airports by offering wireless Internet service by this spring. The airport is looking for a contractor to design the Wi-Fi infrastructure. Lambert is a latecomer to wireless Internet. More than 125 U.S. airports offer the service, according to industry figures. Lambert officials say passengers always ask, "does the airport have wireless" or "why doesn't the airport have wireless?" A plan to get a wireless connection at Lambert in 2004 fell through. Unlike free Internet connections in Kansas City, Tampa, Florida, and Las Vegas airports, St. Louis will charge a fee. (Copyright 2006 by The Associated Press. All Rights Reserved.) .
Richard Rivin is a forensic architect. For more than 20 years he has analyzed building failures to determine what went wrong. In a recent interview from his Norfolk home, I asked him to shift his thinking 180 degrees and talk about what makes a project go right. What can homeowners do to help ensure a happy ending, with all parties congratulating one another for a job well done? With residential work, Rivin said, two factors that contribute to success are often overlooked. .
|
