Deep Down, Inc. (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, reported net income of $0.2 million for the first quarter of 2013, an improvement of $0.5 million from the first quarter of 2012. For the first quarter of 2013, Deep Down reported net income [...]
May 16, 2013 | Posted in
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Antrim Energy Inc. (“Antrim” or “the Company”), an international oil and gas exploration and production company, reported its financial and operational results for the three month period ended March 31, 2013. All financial figures are unaudited and in US dollars unless otherwise noted. HIGHLIGHTS: – Causeway production rates average gross 3,336 bbls/day (net 976 bbls/day) [...]
May 15, 2013 | Posted in
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Vantage Drilling Company (“Vantage” or the “Company”) reports a net loss for the three months ended March 31, 2013 of $24.9 million or ($0.08) per diluted share excluding approximately $98.3 million of charges for the early retirement of debt as compared to a net loss of $1.2 million or ($0.00) per diluted share for the [...]
May 10, 2013 | Posted in
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The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter 2013 (which are not subject to audit). Highlights: – SALES: €1,711 MILLION (€1,874 MILLION IN 1Q 2012; ORGANIC CHANGE -7.6%) – ADJ EBITDA1: €115 MILLION (€130 MILLION IN 1Q 2012; -11.6%) – ADJ OPERATING INCOME2: €77 MILLION (€91 [...]
May 10, 2013 | Posted in
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Endeavour International Corporation reported first quarter 2013 net loss, as adjusted of $12.1 million compared to a net loss, as adjusted of $15.4 million for the same period in 2012. On a GAAP basis, net loss for the first quarter of 2013 was $14.0 million as compared to net loss of $35.3 million for the [...]
May 9, 2013 | Posted in
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McDermott International, Inc. (“McDermott” or the “Company”) reported net income of $20.6 million, or $0.09 per fully diluted share, for the quarter ended March 31, 2013. The results for the first quarter 2013 compared to income from continuing operations of $61.9 million, or $0.25 per fully diluted share, in the corresponding period of 2012. Weighted [...]
May 9, 2013 | Posted in
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Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company, whose shares are quoted in London (AIM) and Dublin (ESM), announces its preliminary results for the year ended 31st December 2012. DRILLING PROGRAMME The year 2012 was a landmark year for Providence as operations on the first well in the Company’s multi-well, multi-year [...]
May 8, 2013 | Posted in
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Aker Solutions announces results for the first quarter of 2013, with a generated revenue of NOK 11.1 billion, compared with NOK 9.8 billion in the first quarter of 2012. Financial Highlights – Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 868 million in the quarter, compared with NOK 1,040 million in the [...]
May 8, 2013 | Posted in
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Kvaerner reported operating revenues of NOK 2 907 million in the first quarter 2013. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 103 million, resulting in an EBITDA margin of 3.5 percent. At the end of the quarter, the order backlog totalled a record-high NOK 31.6 billion, including incorporated joint ventures. “Our [...]
May 7, 2013 | Posted in
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Dril-Quip, Inc. announced net income of $39.8 million, or $0.98 per diluted share for the three months ended March 31, 2013, versus net income of $28.8 million, or $0.71 per diluted share for the first quarter of 2012. The first quarter 2013 results were favorably impacted by an after-tax foreign exchange gain of $4.1 million, [...]
May 6, 2013 | Posted in
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