Awards, Agreements, Appointments, and Productions - Analyst Notes on Pan American, Sasol, Approach Resources, CNOOC and Swift Energy
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NEW YORK, May 22, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Pan American Silver Corp. (NASDAQ: PAAS), Sasol Ltd. (NYSE: SSL), Approach Resources, Inc. (NASDAQ: AREX), CNOOC Ltd. (NYSE: CEO) and Swift Energy Co. (NYSE: SFY). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/2778-100free.
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Pan American Silver Corp. Analyst Notes
On May 13, 2014, Pan American Silver Corp. (Pan American) announced that its Chairman and founder, Ross Beaty, was awarded the Vale Medal for Meritorious Contributions to Mining at the Canadian Institute of Mining, Metallurgy and Petroleum's (CIM) annual gala awards dinner held in conjunction with the CIM's annual convention. The Company stated that the Vale Medal is awarded to an individual who has made a meritorious and practical contribution of notable importance to Canada's mining and metallurgical industry. The full analyst notes on Pan American are available to download free of charge at:
http://www.analystsreview.com/2778-PAAS-22May2014.pdf
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Sasol Ltd. Analyst Notes
On May 19, 2014, Sasol Ltd. (Sasol) reported that it has signed a Memorandum of Agreement (MOA) with the Development Bank of Southern Africa (DBSA) to collaborate on infrastructure development in the Govan Mbeki Municipality, Mpumalanga and Metsimaholo Municipality, Free State. The Company entered into a public-private partnership with these local municipalities for the sustainable development of both areas in support of the 2050 Sasol vision. Maurice Radebe, Group Executive, Sasol, said, "This collaboration with the DBSA will enhance our efforts in making targeted and sustainable investment in infrastructure to develop these priority areas where Sasol has operations. Together, we will leverage the DBSA's expertise in rolling out and managing large-scale municipal infrastructure development." The full analyst notes on Sasol are available to download free of charge at:
http://www.analystsreview.com/2778-SSL-22May2014.pdf
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Approach Resources, Inc. Analyst Notes
On May 12, 2014, Approach Resources, Inc. (Approach Resources) announced that it has named John L. Harris as Vice President - Land following the retirement of Ralph P. Manoushagian. According to the Company, Mr. Harris has more than 18 years of experience, and has most recently served as Land Negotiator in EnCana Oil & Gas (USA) Inc. J. Ross Craft , President and CEO, commented, "John brings valuable land management as well as negotiation and business development experience to our team. In addition, I want to thank Ralph for his valued service and significant contributions to our Company's rapid growth during his tenure." The full analyst notes on Approach Resources are available to download free of charge at:
http://www.analystsreview.com/2778-AREX-22May2014.pdf
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CNOOC Ltd. Analyst Notes
On May 12, 2014, CNOOC Ltd. (CNOOC) announced that its Kenli 3-2 oilfields have started production, which is estimated to reach a peak of around 35,000 barrels per day. According to the Company, the oilfields consist of Kenli 3-2, Bozhong 34-6/7, southern part of Bozhong 29-4, and Bozhong 35-2. The oilfields are located in the southern Bohai Sea, with an average water depth of approximately 20 meters. The primary production facilities include seven offshore platforms and one onshore oil processing terminal. The full analyst notes on CNOOC are available to download free of charge at:
http://www.analystsreview.com/2778-CEO-22May2014.pdf
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Swift Energy Co. Analyst Notes
On May 6, 2014, Swift Energy Co. (Swift Energy) and PT Saka Energi Indonesia (Saka) announced that U.S. subsidiaries of both companies have executed definitive agreements to fully develop properties owned by the Company and is expected to close on or about June 30, 2014, subject to normal closing conditions. The properties consist of approximately 8,300 acres of Fasken area Eagle Ford shale properties located in Webb County, Texas. According to the Company, the executed agreements provide for Saka to pay the Company $175 million in total cash consideration to acquire a 36% full participating interest in its Fasken properties. The Company will continue to be the operator of Fasken properties, with development plans for the field to be mutually agreed upon by both companies as provided for in the definitive agreements. The full analyst notes on Swift Energy are available to download free of charge at:
http://www.analystsreview.com/2778-SFY-22May2014.pdf
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