Feb 7, 2018 News release 0 Remarks HOUSTON, Jan. 24, 2018/ PRNewswire/-- Parker Drilling Business (NYSE: PKD) revealed today it intends to report its fourth quarter 2017 outcomes after the marketplace closes on Wednesday, February 14, 2018. In conjunction with the release, the Company has ... Learn More Here , 2018 News release 0 Comments HOUSTON, Jan.
Feb 7, 2018 News release 0 Remarks HOUSTON, Feb. 1, 2018/ PRNewswire/-- Parker Drilling Company (NYSE: PKD) revealed today that it received notice from the New York Stock Exchange that the Company restored compliance with the NYSE listing standard for share price. On January 2, ...
In the last chance for oil business to bid on federal Gulf of Mexico waters under a Trump administration, the federal government on Wednesday leased more than a half-million acres to business for overseas oil drilling and production. The leasing occasion, livestreamed from New Orleans, comes as President-elect Joe Biden prepares his shift Biden assured during his campaign to prohibit brand-new oil and gas leasing on public lands and waters as part of his clean energy strategy to reduce using carbon-emitting nonrenewable fuel sources, which add to environment modification.
"They wanted to get on it prior to the window potentially closes and there are more regulatory obstacles," stated Sami Yahya, a senior energy analyst for S&P Global Platts Analytics. The change in presidential administrations "is among the top things operators want." The Bureau of Ocean Energy Management said about 518,000 acres were rented during the auction for almost $121 million in high bids.
"These are clearly unpredictable times, with COVID-19 and the low oil price," Celata stated. "I'm happy, given whatever that has happened, at the size of the sale. The Gulf has a long future [for oil production]" Expectations for the sale were dim since of reduced global oil need and low oil costs brought on by the COVID-19 pandemic.
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