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Eagle Materials to Acquire Cemex’s Fairborn Cement Plant, Related Assets for $50 Million, Ohio
September 19, 2016
Eagle Materials Inc. has entered into a definitive agreement with a subsidiary of CEMEX S.A.B. de C.V., to purchase Cemex’s Fairborn, Ohio cement plant, as well as related assets, which include a distribution terminal in Columbus, Ohio and a cement
RockPile Energy Services Acquires North Dakota-based American Well Service
September 19, 2016
RockPile Energy Services, LLC has acquired American Well Service LLP (AWS), a Kenmare, North Dakota based Workover Rig Company. American Well Service is a 6 rig Workover business, which provides both 24 hour and 12 hour cleanout and well intervention
MGX Minerals Acquires PurLucid Treatment Solutions
September 16, 2016
MGX Minerals Inc. has entered into a binding letter of intent to acquire an initial 50 percent interest in PurLucid Treatment Solution (Canada) Inc. in exchange for a C$5 million staged investment over two years and the right to acquire
Gradiant Forms Oilfield Services Subsidiary for Its Proprietary Water Treatment Technologies
September 16, 2016
Gradiant has formed an oilfield services company, Gradiant Energy Services (GES). The wholly-owned subsidiary provides solutions and services for economic, efficient and environmentally friendly treatment, reuse and recycling of water in the oil and gas industry. The formation of GES
SoCalGas Tests Methane Capture System to Reduce Emissions During Pipeline Replacement Project
September 16, 2016
Southern California Gas Co. (SoCalGas) has successfully tested a system to capture natural gas emptied from a recently abandoned natural gas pipeline during work in the city of Atascadero, saving the gas for later use and eliminating noise and emissions
Pemex Discovers Crude Oil Deposits in Gulf of Mexico
September 16, 2016
Mexico’s state-owned oil company Pemex said that it has discovered six new crude oil deposits in the Gulf of Mexico. The discoveries include two super light crude oil deposits in deep waters and four light crude deposits in shallow waters.
Junior Achievement, Marcellus Shale Coalition Form Partnership to Educate Youth
September 14, 2016
Junior Achievement of Western Pennsylvania and the Marcellus Shale Coalition announced a formalized partnership to better educate youth about the energy industry and introduce local students to careers in science, technology, engineering and mathematics. According to a news release Tuesday
Mon Power Completes New Substation and Power Lines for Marcellus Shale Gas Facility, W. Va.
September 14, 2016
Mon Power has completed a new substation and power lines that will provide electric service to a new Marcellus shale gas facility under construction in Doddridge County, West Virginia. The $5 million project was completed in early August and will
New Company Formed, Palmilla Energy, to Manage and Develop Midstream Assets
September 13, 2016
Palmilla Energy LLC, a Houston-based company, has been formed to manage and develop midstream assets. Palmilla is backed by funds managed by Oaktree Capital Management, L.P. Palmilla provides a full suite of midstream and marketing services to oil and gas
MGX Minerals Engages Saskatchewan Research Council to Test Lithium Brine Extraction from Oil Wells
September 13, 2016
MGX Minerals Inc. has engaged the Saskatchewan Research Council (SRC) to conduct lithium-enriched formation water testing. SRC will utilize the company’s rapid brine production process to extract lithium and evaluate key aspects of the proprietary extraction method, which aims to
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