Austin, Texas 6/6/2007 9:16:12 PM
Speak with other shareholders about: (NYSE: MRO), (NYSE:RIG), (NYSE:APC), and (NASDAQ: PTEN) .
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Talk to other MRO shareholders by clicking the following link: http://www.stockwire.com/MRO .
To view in-depth research, click the following link: http://www.stockwire.com/MRO .
Marathon Oil Corporation (NYSE: MRO) down 0.8% on 4.3 million shares traded.
Marathon is one of the largest U.S.-based fully integrated international energy company engaged in exploration and production; integrated gas; and refining, marketing and transportation operations. On June 5th 2007, the company announced that it had signed a cooperation agreement with National Joint Stock Company Naftogaz Ukrainy to carry out technical studies that could lead to the joint exploration for, and production of, hydrocarbons in an area of interest in the Dnieper-Donets Basin located in North Central Ukraine. According to the agreement, NAK and Marathon will embark on a joint study of an agreed area of joint interest, covering approximately 26,000 square kilometers. The study will be conducted over the next three years during which time decisions will be made concerning further activities the Companies may undertake. Marathon is opening an office in Kyiv to manage these activities.
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Talk to other RIG shareholders by clicking the following link: http://www.stockwire.com/RIG .
To view in-depth research, click the following link: http://www.stockwire.com/RIG .
Transocean Inc. (NYSE: RIG) down 0.7% on 4.8 million shares traded.
Transocean Inc. is the world's largest offshore drilling contractor with a fleet of 82 mobile offshore drilling units. The company's mobile offshore drilling fleet, consisting of a large number of high-specification deepwater and harsh environment drilling units, is considered one of the most modern and versatile in the world due to its emphasis on technically demanding segments of the offshore drilling business. On June 5th 2007, the company announced that its report of drilling rig status and contract information covering the company's offshore drilling fleet has been updated as of June 5, 2007. Drilling rig status and contract information on Transocean Inc.'s offshore drilling fleet has been condensed into a report titled "Transocean Fleet Update," which is available through the company's Worldwide Web address at www.deepwater.com. The report can be accessed from the home page of the Web address by clicking on the Fleet Update Report link found in the tool bar.
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Talk to other APC shareholders by clicking the following link: http://www.stockwire.com/APC .
To view in-depth research, click the following link: http://www.stockwire.com/APC .
Anadarko Petroleum Corporation (NYSE: APC) down 1.7% on 4.6 million shares traded.
Anadarko Petroleum Corporation's mission is to deliver a competitive and sustainable rate of return to shareholders by exploring for, acquiring and developing oil and natural gas resources vital to the world's health and welfare. On June 4th 2007, the company announced that it has reached an acquisition agreement with Atlas Pipeline Partners L.P. (NYSE:APL), a midstream energy services provider, for certain of its midstream assets. Atlas Pipeline will acquire control of the company's interests in the Chaney Dell and Midkiff/Benedum natural gas gathering systems and associated processing plants for USD1.85bn. In 2006, cash flow before interest and taxes generated by the two systems and facilities totalled approximately USD130m. The Chaney Dell system (100% owned by Anadarko) is located in central Oklahoma and southern Kansas. It consists of approximately 3,500 miles of gathering lines and processing plants with a combined processing capacity of approximately 230 million cubic feet of natural gas per day (MMcf/d). The Midkiff/Benedum gathering systems and processing plants (73% owned by Anadarko) are located in the Spraberry Trend of the Permian Basin near Midland, Texas. The system includes approximately 2,500 miles of gathering lines and processing plants with a combined capacity of approximately 170 MMcf/d.
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Talk to other PTEN shareholders by clicking the following link: http://www.stockwire.com/PTEN .
To view in-depth research, click the following link: http://www.stockwire.com/PTEN .
Patterson-UTI Energy, Inc. (NASDAQ: PTEN) up 0.7% on 2.9 million shares traded.
Patterson-UTI Energy, Inc. provides onshore contract drilling services to exploration and production companies in North America. The Company has approximately 340 currently marketable land-based drilling rigs that operate primarily in the oil and natural gas producing regions of Texas, New Mexico, Oklahoma, Arkansas, Louisiana, Mississippi, Colorado, Utah, Wyoming, Montana, North Dakota, South Dakota and western Canada. On June 4th, the company reported that for the month of May 2007 the Company had an average of 232 drilling rigs operating, including 231 rigs in the U.S. and one rig in Canada. For the two months ended May 2007, the Company also had an average of 232 drilling rigs operating, including 231 rigs in the U.S. and one rig in Canada. Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were moving or operating under a drilling contract. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.
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Release date: 06 Jun 2007