On Friday, Civeo Corp (NYSE:CVEO)’s shares declined -3.64% to $4.50.
Civeo Corp (NYSE:CVEO) stated financial results for the first quarter ended March 31, 2015.
Bradley J. Dodson, President and Chief Executive Officer of Civeo, stated that they are happy with their results for the first quarter 2015, in light of difficult market conditions, in addition to their ability to enhance operating cash flows after capital expenditures when contrast to the first quarter 2014. They remain confident in their team’s ability to manage through the headwinds and continue meeting and surpassing the needs of their clients to generate the best possible results for shareholders.
Civeo Corporation provides remote site accommodations for the natural resource industry in Australia, Canada, and the United States. It also offers facility administration services, counting food services; customized facility administration information systems that provide clients with the tools and information necessary to manage the allocation of contracted rooms and service days; and support services, such as housekeeping and janitorial services, facility maintenance, laundry, communications, supply chain and logistics administration, power generation, and transportation and personnel logistics.
Solazyme Inc (NASDAQ:SZYM)’s shares dropped -3.64% to $3.71.
Solazyme Inc (NASDAQ:SZYM) and Flotek Industries, declared the companies and certain auxiliaries have reached contracts to globally commercialize Flocapso™, an innovative, advanced drilling fluid additive. In addition, Flotek will market Solazyme’s Encapso™ lubricant - the first commercially accessible, biodegradable encapsulated lubricant for drilling fluids – in certain Middle Eastern markets.
Under the Joint Product Development and Marketing Contract (the “Joint Contract”), Flotek and Solazyme will commercialize and market Flocapso, a proprietary formulation combining Flotek’s patented Complex nano-Fluid® chemistries with Solazyme’s proprietary Encapso technology to create an environmentally-conscious, highly effective drilling fluid additive focused on better lubricity and greater stabilization for drilling programs worldwide. Laboratory and commercial testing indicate that the Flocapso additive will allow the use of water-based fluids in wells that formerly required more expensive and invasive oil-based products, providing an environmentally superior, more efficient solution to drilling challenges around the globe.
Solazyme, Inc. manufactures and sells renewable oils and other bioproducts. Its proprietary technology transforms a range of plant-based sugars into triglyceride oils and other bioproducts.
At the end of Friday’s trade, Penn Virginia Corporation (NYSE:PVA)‘s shares dipped -3.59% to $6.44.
Penn Virginia Corporation (NYSE:PVA) declared that it will release its first quarter 2015 results after the market closes on Monday, May 11, 2015, and hold a symposium call / webcast on Tuesday, May 12, 2015, at 10:00 a.m. ET.
The full text of the first quarter earnings release and a link to the webcast will be accessible at PVA’s website and through other electronic business news services. You can take part in the conference call by phone or via the Internet.
Penn Virginia Corporation, an independent oil and gas company, explores, develops, and produces crude oil, natural gas liquids, and natural gas in various onshore regions of the United States.
Gold Fields Limited (ADR) (NYSE:GFI), ended its Friday’s trading session with -3.50% loss, and closed at $4.41.
Gold Fields Limited (ADR) (NYSE:GFI) will publish its results for the quarter ended 31 March 2015 on the company’s website (http://www.goldfields.co.za) at 7:05am (SA time) on Thursday, 7 May 2015 .
Gold Fields Limited operates as a gold mining company. The company engages in the exploration, extraction, processing, and smelting of gold and copper properties. It holds interests in eight operating mines in South Africa, Ghana, Australia, and Peru
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