VAALCO to buy additional stake in Etame Marin block offshore Gabon

first_imgVAALCO will also acquire Sasol’s 40% non-operated participating interest in Block DE-8 offshore Gabon US-based hydrocarbon exploration VAALCO Energy has signed an agreement with Sasol Gabon to acquire an additional working interest in the Etame Marin block offshore Gabon.Under the terms of the agreement, VAALCO will acquire Sasol’s 27.8% working interest in the Etame Marin block.At present, the company owns and operates a 31.1% working interest in the block, which has produced over 118 million barrels of crude oil to date.Additionally, VAALCO will also acquire Sasol’s 40% non-operated participating interest in Block DE-8 offshore Gabon. Perenco, the operator of the block, will hold the remaining 60% stake.VAALCO stated: “Block DE-8 is in shallow waters and encompasses multiple producing fields that are not part of the transaction and are carved out of the contract area that VAALCO is acquiring.”For the entire transaction, the company has agreed to pay $44m to Sasol, subject to customary post-effective date adjustments, as well as future contingent payments of up to $6m.VAALCO to double total production and reserves with the dealUpon completion of the deal, VAALCO’s total working interest will increase to 58.8% in the offshore Etame Marin block and almost double its total production and reserves.Based on current month production, the company estimates its net revenue interest (NRI) production to increase from 4,850 to 9,150 barrels of oil per day (BOPD), with the acquisition.In February this year, VAALCO Energy had confirmed making an oil discovery in the Etame Marin block, after drilling the South East Etame 4P appraisal wellbore.The appraisal wellbore was drilled by the company-operated South East Etame North Tchibala platform (SEENT platform), (Credit: Gerd Altmann from Pixabay.) last_img read more

Your next track on Spotify is… Hunters talking about Boris Johnson!

first_imgFresh from its appearance on TV recently, estate agency chain Hunters is the first company in the industry to establish a presence on music streaming service Spotify, it has been revealed.Users of the online service looking for their favourite band, song or album may be surprised to find out that Hunters now offers Spotify’s subscribers its own property podcast via the platform.The weekly series of 14-minute shows is to feature ‘the topics you want to hear from the sales and lettings industry’ based on interviews with Hunters branch managers and franchisees up and down the UK.It promises to reveal ‘industry secrets’ and the first episode discusses politics including Boris Johnson and Brexit.Called the Adam and Eve show, it’s presented by the company’s York-based national marketing manager Adam Graver (pictured, left), who says presenting the podcast ‘took him out of his comfort zone’, and human resources colleague Eve Scott-Gardner.The first episode interviews the company’s local lettings manager Peter Croft about how landlords should switch letting agents, part of the company’s recently-launched Let’s Switch campaign.This is designed to persuade landlords to change letting agent even if a tenancy isn’t up for renewal.During the show Croft also reveals that he believes rising rents in York have been caused by the tenant fees ban, along with strong demand from tenants and a shortage of property.Listen to the podcast here.Spotify Hunters August 14, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Your next track on Spotify is… Hunters talking about Boris Johnson! previous nextAgencies & PeopleYour next track on Spotify is… Hunters talking about Boris Johnson!Franchised national estate agency chain launches the industry’s first podcast on the streaming music service.Nigel Lewis14th August 20190652 Viewslast_img read more

HMAS Success to Get ‘Mid-Life Extension’?

first_img View post tag: extension Share this article View post tag: Naval View post tag: Navy Department of Defence has confirmed that the navy’s ”ship of shame”, the HMAS Success, will need $200 million of Australian taxpayers’ money to stay at sea. This 26-year-old oil tanker, refueling and replenishment vessel will get a ”mid-life extension” because Defence has neither maintained her properly nor made provision for a replacement.When will HMAS Success reach the end of its life? The Navy stated that she will be operational until 2017-2018, but 2016 is the last year mentioned by an anonymous Defence source. According to canberratimes.com.au, her replacement was supposed to be commissioned in 2016. Now the Defence expects her replacement to enter into service not sooner than 2021-2022.The cost to extend the life of HMAS Success until her replacement arrives is expected to be more than paying her off and buying a new one.From the last time the ship was operational, in November 2010, $35.8 million was invested in its repairs.Of that, $17.8 million was spent in Singapore to make it compliant with International Maritime Organisation Standards and $13.8 million went on maintenance from June to November last year. The rest, $4.1 million, is now being spent on work to return the ship to operational readiness by July or August.[mappress]Naval Today Staff , April 11, 2012; View post tag: success View post tag: get HMAS Success to Get ‘Mid-Life Extension’?center_img View post tag: News by topic View post tag: Mid-Life Industry news View post tag: HMAS Back to overview,Home naval-today HMAS Success to Get ‘Mid-Life Extension’? April 11, 2012last_img read more

Oriel appeal

first_imgThe Divinity Road Area Residents’ Association are have urged residents to participate in the campaign in order to preserve the site as a resource for students and residents alike. The College appealed the rejection of its latest bid at a Planning Inspectorate hearing held in the Town Hall on Tuesday. A spokesperson for the Divinity Road Area Residents’ Association said, “The important sense of seclusion and isolation of the conservation area and the green buffer on its western edge which protects the listed buildings of the rural and medieval hamlet will be undermined”. According to the website of architects Marcus Beale, the proposed buildings are specifically designed to be eco-friendly, and will be environmentally friendly, with “low CO2 in construction” and “use of passive solar heating through orientation, shading and solar chimneys”. It added it was “very unlikely” that the graduates resident in the proposed accommodation would cause any disturbance in the area. Oriel believe that their new plans will preserve the character of the area, which used to be the site of a medieval leper hospital. “Both universities have sufficient student accommodation sites, and East Oxford is already saturated with students.” The results of the appeal will be released at the end of the month. Siestke Boeles, from Divinity Road Area Residents’ Association, said, “Local residents would like to see the redevelopment of the Old Nursery site, but for a development which has a community purpose and is in keeping. In its written submission to the new appeal, the College said, “The East Area Parliament has come up with nothing new, no different angle. It has, having considered exactly the same issues as its professional advisers, taken the opposite view.” Green city councillor Nuala Young said, “This is a very special little settlement in Oxford, and it is one of the few remaining sites of a medieval leper colony in the UK. “Because of that, it is really important we defend its wonderful sense of isolation, peace and apartness. It could be a wonderful resource for people and students in the future.” Plans put forward by Oriel College to build 31 graduate rooms on the site of a former nursery school in the Bartlemas conservation area, off Cowley Road, have been met by opposition from both local residents and the council.The College has owned the  land since 1329 and has tried to build on the site numerous times in the past, but each time the plans have ultimately been rejected.last_img read more

Press release: Foreign Secretary in Paris for Middle East talks

first_img Follow the Foreign Office on Instagram, YouTube and LinkedIn The conflicts in Syria and Yemen have created 2 of the worst humanitarian crises of our time. There can be no military solution to either conflict, only peaceful and carefully negotiated political solutions will truly end the suffering. The UK will continue to take a leadership role in these crucial diplomatic efforts with our international partners around the world, intensifying work to find a sustainable way forward. Follow the Foreign Secretary on Twitter @BorisJohnson and Facebook Media enquiries Follow the Foreign Office on Twitter @foreignoffice and Facebook The Foreign Secretary will attend a meeting on Syria organised by France and the US to discuss how best to make progress towards a political solution to the conflict and support the efforts of the UN Special Envoy for Syria.Following this, the Foreign Secretary will host his US, Saudi Arabian and UAE counterparts at the British Embassy in Paris for a meeting to discuss a political solution to the conflict in Yemen. The ‘Quad’ group of Foreign Ministers last met in December in the UAE.Speaking ahead of his travel, Foreign Secretary Boris Johnson said: For journalists Further information Email [email protected]last_img read more

Press release: Liam Fox promotes UK industry in US and Canada

first_imgInternational Trade Secretary, Dr Liam Fox will promote overseas investment into growing UK industries at meetings with some of the most successful businesses in Canada and the USA this week (Monday, 9 April to Friday, 13 April).He will highlight the importance of building relationships with companies and businesses– not just governments and representatives – in a 5 day visit to North America.During the visit, he is expected to meet the globe’s largest online retailer, Amazon, and banking software enterprise firm, Zafin, where he will promote modernising global trade rules around e-commerce.The digital sector accounted for more than £32 billion of UK exports in services in 2015, a growth of almost 40% since 2010 and yet many of the relevant WTO rules around the digital economy have not been updated for 2 decades.He will also meet entertainment company Warner Bros and visit Double Negative Studios which created the visual effects for box office hit, Blade Runner 2049.The International Trade Secretary will highlight how inward investment in film and television production from US studios like Warner Bros, Disney and Universal was worth £2 billion to the UK economy in 2017. Britain’s creative industries are worth £92 billion in total, employ 2 million people, and are growing twice as fast as the rest of the economy.In the USA, he will visit Starbucks and will meet representatives from Scottish whisky distillers, Balvenie as both companies continue to export across the globe. The USA remains the largest market outside of the EU – worth £2.3 billion last year and rising 3% from the previous year.International Trade Secretary, Dr Liam Fox said: In the USA and Canada this week, I’ll be showcasing the UK’s strong creative, tech and food sectors, making the case for greater investment and demand in UK products and expertise in both of these countries. I will tell our global partners that more than one year on since the EU referendum, there are strong reasons for the UK to be optimistic – exports of goods and services have increased significantly over the year, with particular demand in the USA and Canada for machinery and vehicles. It’s clear evidence that UK companies are succeeding on the world stage, and as an international economic department we are banging the drum for our world-class goods and services. Latest trade figures released from the Office for National Statistics show UK exports of goods and services rose by 12.1% to £622.1 billion as the trade deficit narrowed by £12.1 billion.Non-EU countries continue to be the main destination for services exports making up 61.3% of all services exports and worth £171.4 billion to the UK economy.Statistics from the Department for International Trade (DIT) also show that last year the UK attracted more foreign direct investment projects than ever before (year 2016 to 2017), with more than 2,200 projects recorded.This investment meant that more than 75,000 new jobs were created, and 32,600 safeguarded, amounting to over 2,000 jobs per week across the country.Working to promote the UK to great trading nation, DIT has set up 14 working groups across 21 countries to strike trade deals and strengthen commercial ties with key trading partners.last_img read more

Notre Dame class of 2020 brings ‘a unique balance’

first_imgSUSAN ZHU | The Observer While college admissions have largely been considered a numbers game in recent years, to Don Bishop, associate vice president of undergraduate enrollment, the members of Notre Dame’s incoming class of 2020 represent more than just high test scores and perfect grades; thanks to their unique and valuable personal attributes, he considers them perfect matches with Notre Dame.Bishop said the 2,050 incoming first-year students distinguished themselves from the record 19,505 applicants because of a very specific set of qualifications unique to Notre Dame.“The University has a very distinctive mission, and probably our most audacious statement is that Notre Dame will be a force for good in the world,” Bishop said. “We’re not just looking for the students who have the highest academic credentials. … It’s our job in admissions to find the students that will make the most use of all the resources that are at Notre Dame: the academic side of Notre Dame, the social development side of Notre Dame and, in the external sense, the service and leadership that we expect Notre Dame graduates to provide throughout their lives.”The pool of applicants, over 7,000 of which were in the top one percent of the nation, allowed the University to apply what Bishop describes as a “thoughtful holistic selection process that is focused on the nuanced attributes revealed through essays, letters of recommendations and extensive discussions of activities and the student’s motivation for their success” when selecting the class of 2020.“SATs and ACTs are helpful, but they just shouldn’t dominate the entire decision,” Bishop said. “Part of the reason for that is 10 years ago for the students that were in the top 1 percent of the nation in national testing, now we have a much larger group in that cohort. So once numbers get so high, the variation within that high range becomes less important. … I don’t think that matters enough for that to be the determining factor on saying ‘yes’ to one student and ‘no’ to another. So you look for other attributes.”Bishop said the University developed this evaluation process through extensive research about what determines a student’s success at Notre Dame, and is confident the incoming first-year students’ success will continue beyond college. “I often use numbers to evaluate whether we should the use the numbers as much as we have used them, and sometimes the research on numbers show that you should use numbers less,” he said. “We’ve talked to some of the top corporations in the world about how they evaluate people for projecting success after college. We’re trying to predict not only your success as an applicant at Notre Dame, we’re now increasingly trying to think through your potential success throughout your career in life.”Bishop said Notre Dame’s lack of interest in driving up its University ranking encourages him to admit a “unique kind of student with a unique balance” rather than an applicant who simply aims to check boxes.“Notre Dame is not interested in being a generic top-15 school and being rated highly within those 15. We are interested in becoming a better version of Notre Dame every year,” Bishop said. “We feel we’re No. 1 at who we are [and] we want to get better at who that is each year. We’re really acting out of a sense of, ‘We’re comfortable in our own skin, but we want to get better every year.’ We have a sense of purpose and mission, and we believe that we’re unique and we’re trying each year to become better at that.”The class of 2020 not only “sets another record for achievement by the incoming students” with the average student in the top 1 percent of the nation in either high school performance or national testing, Bishop said in an email, but also stands out for their service and leadership.“The admitted students are truly remarkable in their motivation for learning and commitment to service and leadership,” he said. “The enrolling class is comprised of students with compelling achievements and special talents with the potential to become tremendous servant leaders, scholars, researchers, creative artists and entrepreneurs.”Bishop said he is looking for these students to use their talents to seek a greater understanding of themselves and others.“There’s the intellectual ability, but we’re really trying to push our students toward a greater sense of wisdom, and we’re looking for students that want to seek out wisdom, not just accomplishment,” said Bishop. “My understanding of wisdom is not only being very bright, but then integrating it with a sense of knowing who you are, knowing who others are and developing a sense of purpose and fulfillment from that. And I don’t think the majority of other colleges talk like that.”Bishop said Notre Dame has also managed to remain faithful to the University’s Catholic identity while admitting increasingly high numbers of top students because “the top Catholics are attracted to Notre Dame.”“In the last six years we have doubled the number of Catholic applicants that are in the top 1 percent of the nation,” he said. “We’ve been intentional about identifying the unique nature of Notre Dame and we’ve gone out intentionally and found the top Catholics and engaged them in that conversation. … About 80 percent of our freshman class is Catholic. If you look at the other top-10 Catholic universities in America by top 10 most selective — and there are over 200 Catholic colleges and universities in America — they average only around 45 to 70 percent Catholic.”This continued admission of Catholic students, as well as students who buy into Notre Dame’s faith-based values, has also resulted in an increase in diversity, Bishop said. This year’s incoming class includes students from 1,362 high schools from 47 countries; 32 percent of the class is made up of U.S. students of color and international students.“One thing we know is that the top Catholic students insist on an increasingly diverse institution,” he said. “So they would not have come if Notre Dame had not proven itself to be open to all students and to provide a socioeconomic and a cultural diversity. So you have to do both at the same time: remain uniquely Catholic but also highly diverse.”Additionally, Bishop said he is optimistic that students of the class of 2020 are good matches with Notre Dame due to its record-setting yield rate, which indicates students have embraced the University’s mission.“Notre Dame is one of the most sought after universities. This year 56.2 percent of the admitted students enrolled — one of the top 10 yield rates in the nation,” he said. “Increasingly what we’re finding are students who can go to other top-15 schools, but view Notre Dame as not just a top-15 school, but No. 1 at who we are. And once you embrace who we are and you feel we’re No. 1, you don’t go anywhere else.”Tags: Admissions, Admissions Office, Don Bishop, Freshman Orientation 2016last_img read more

London The Play That Goes Wrong Star Dave Hearn on Stunt Man Fantasies & More

first_img I love the way Max remains unflappably cheerful in the face of every possible adversity. Yes, but that’s because he’s a bit of a lovable idiot, and I’ve grown to love him a bit. He is so innocent and so naïve that he doesn’t realize he’s being laughed at. He thinks that people are laughing with him and that he’s doing a really great job. This play began Off West End and on tour as a one-act, and has now been expanded for a West End audience. How thrilling is this? This whole experience has been a bit of a Cinderella story. We’ve had no one famous in it—no superstars in leading roles—and when we were asked by Kenny [Wax], our producer, to write a second act we were concerned that the piece wouldn’t translate to a longer format or a bigger theater when in fact it has. So much could actually go wrong during a performance of your play—how do you keep the staged mishaps in check? It’s about going back to what is the right thing to do, which is to say, how would these characters actually behave? We’ve run “The Play That Goes Right” a few times in rehearsal, and that helps quite a lot. It reminds you how the play is meant to have gone in these actors’ heads. Why don’t you perform that for the public, so people can see both? We’ve discussed doing that, but we weren’t sure if it was a good enough play on its own to merit bringing people in to watch it. People have to know The Play That Goes Wrong very well for a trouble-free version to make any sense. You mean we could watch a version of Murder at Haversham Manor that contains no mistakes at all? There is a version of the play where nothing goes wrong, and in a way that for us is very very funny: you find yourself thinking, “Oh, wow, this is quite a serious play!” Do you realize there’s an actual young British actor named Max Bennett currently appearing in ‘Tis Pity She’s A Whore? So I gather, I’ve just seen an article about him. Well, I hope he’ll let us know if and when he comes to see [the play]! Nothing more serious? I did dislocate my shoulder twice, but that’s the thing—stuff like that happens and the audience laughs and thinks it’s part of the show! I got thrown over a chaise longue and my shoulder came out, but I think I only missed five performances or something like that during our entire tour. View Commentscenter_img What do you think is most crucial in making the show work? I suppose it has to do with the basic principle of clowning and those really old clowns like Keaton and Chaplin who may appear stupid and bumbling and falling over all the time when in fact it actually takes a lot of practice and skill to make it look so bad. You have to be very good at something to be very bad at it. Action Shakespeare! It sounds as if the movies would be good for you. I’d love to be a stunt double or stunt extra in an action film. I used to do gymnastics and acrobatics, so I really do enjoy the physical stuff. That’s why this show is perfect for me. It must be nice to discover that you’re made of pretty stern stuff. You know, it takes a little while to realize you’re not made of glass. Actors are a lot tougher than you might think they are. The West End has a sleeper success in The Play That Goes Wrong, the delicious play-within-a-play that chronicles all manner of onstage and offstage mishaps during a performance of an old-style mystery called Murder at Haversham Manor. A hybrid of Noises Off and The Mousetrap, director Mark Bell’s production at the Duchess Theatre asks a lot of its young cast—perhaps none more so than Dave Hearn as matinee idol Max Bennett, who keeps smiling even when all hell is breaking loose around him: missing props, collapsing scenery, and forgotten lines, for a start. Broadway.com caught the ever-charming performer to chat about keeping pratfalls fresh, locating his inner stunt man and more. How are you holding up physically given what befalls you eight times a week? Pretty well. I think we all get a couple of cuts and bruises most shows, but the overall physical exertion is a big adrenalin rush and that seems to keep us going. You’re a classically trained actor—what would you like to do next? I don’t know. I mean, I’m sure someone my age is expected to want to do a big Shakespeare part, like Hamlet, but if someone asked me to run up a wall and jump off it, I’d be very very happy [laughs].last_img read more

Drought Worsens.

first_imgU.S. Drought Monitor While the plentiful rains of July brought temporary relief from the agricultural drought, three months of very dry weather have once again raised concerns across the state. The current drought, which started in May 1998, has become even worse across Georgia.Concerns are being raised about wildfires and low stream flows, reservoir levels, groundwater levels and soil moisture.October is normally the driest month of the year, but rainfall amounts were meager even for this dry month. Warm weather during October has also increased the loss of soil moisture due to evaporation and plant use.October Dry StatewideOctober precipitation for selected stations in north Georgia includes Allatoona Dam at 1.7 inches (1.5 below normal), Athens at 0.4 (2.9 below), Atlanta 0.8 (2.3), Hartwell 1.3 (2.2) and Washington 0.5 (2.6).For middle Georgia, the rainfall totals (and deficits) include Columbus at 0.8 inches (1.4), Griffin 0.4 (2.7), Woodbury 0.6 (2.4), Macon 0.2 (2.0), Augusta 0.2 (2.7) and Louisville 0.3 (2.4).South Georgia totals (and deficits) include Americus at 0.1 inches (1.8), Alma 0.3 (1.9), Brunswick 0.2 (2.7) and Savannah 0.2 (2.2).These dry conditions follow several months of below-normal rainfall across the state. Since Aug. 1, Atlanta has had 4.0 inches (6.1 inches below normal), Athens 3.1 inches (7.2 below), Columbus 1.9 (7.2), Macon 5.2 (3.4), Augusta 5.0 (5.7) and Savannah 9.5 (4.8).Wildfire Danger HighThe low rainfall amounts have contributed to increased potential for wildfires statewide. A killing freeze over most of the state and falling leaves have increased the amount of dry vegetation available to fuel wildfires.The Georgia Forestry Commission rates the wildfire danger as high to extreme across most of the state. It’s important that hunters and anyone else using Georgia’s forests be particularly careful with fire sources such as matches and cigarettes.Water restrictions are still in effect across the state. Major reservoirs remain very low in north Georgia. In south Georgia, groundwater levels are extremely low. Most streams in the state are at or near record low levels.Agriculture Affected, TooThe drought is also affecting the state’s agriculture. Dry conditions and killing freeze have brought pasture growth to a virtual halt. Some farmers are supplementing pastures with hay. Small-grain farmers are delaying planting because of dry soils.The winter outlook from the Climate Prediction Center doesn’t offer much hope for improvement. They predict equal chances of above-, near- and below-normal temperature, but an increased chance of dry conditions through the winter.Since winter is the season when most soil moisture is recharged, this may foretell problems going into the next growing season.last_img read more

Sale of troubled Kemmerer coal mine in Wyoming falls through

first_imgSale of troubled Kemmerer coal mine in Wyoming falls through FacebookTwitterLinkedInEmailPrint分享Casper Star Tribune:The Virginia businessman who’d planned to purchase and operate a troubled coal mine in western Wyoming has backed out after a failure to secure bonding ahead of a deadline.Bankrupt Westmoreland Resource Partners was set to sell the Kemmerer mine in western Wyoming to Tom Clarke — a businessman from Virginia who first made his fortune in the health industry but has dabbled, sometimes controversially, in mining operations in recent years.The bankruptcy court approved a sale of the Kemmerer mine to Clarke in March for $7.5 million in cash and more than $200 million in secured promissory notes. Westmoreland lenders, however, objected to Clarke’s acquisition of the Kemmerer operation soon after, arguing that Clarke was attempting to close the sale without having first provided collateral or surety for reclamation liabilities in southern Wyoming.If Clarke had not taken over that responsibility, it would have remained with Westmoreland’s first-in-line lenders.In a meeting Tuesday in Texas to discuss the objection, it was disclosed to the parties in the bankruptcy that Clarke had rescinded his offer, following an extension and failed attempts to come to an agreement on bonding with Zurich Insurance, according to sources included in the meeting.Peter Morgan, a senior attorney for the Sierra Club, said in an emailed comment Tuesday that Clarke’s failure to secure bonding is indicative of larger issues in coal and should be noted. “The companies that operate these mines, and the lenders who have invested in them, are pretending like everything’s fine and the industry isn’t going through a historic shift as demand plummets,” he said. “But the surety bond providers who will bear the cost to reclaim these mine sites, if and when they fail, are now taking action to protect themselves.”More: Virginia businessman no longer buying troubled Kemmerer coal minelast_img read more