On Friday, Starwood Hotels & Resorts Worldwide Inc (NYSE:HOT)’s shares declined -0.35% to $82.49.
The Luxury Collection®, one of the world’s largest and fastest growing luxury hospitality brands, recently declared, in coordination with its owner partners, a $300 million effort to expand and improve its hotel portfolio in North America. Part of Starwood Hotels & Resorts (HOT), The Luxury Collection is investing in marquee hotel conversions and landmark renovations in diverse U.S. destinations, counting Key West, Lake Tahoe, San Antonio and San Francisco, as it continues to grow around the world. A milestone year for the brand, The Luxury Collection is on track to surpass 100 hotels in more than 30 countries by the end of 2015.
Starwood Hotels & Resorts Worldwide, Inc., together with its auxiliaries, operates as a hotel and leisure company worldwide. The company owns, operates, and franchises luxury and upscale full-service hotels, resorts, residences, retreats, select-service hotels, and extended stay hotels under the St. Regis, The Luxury Collection, W, Westin, Le Méridien, Sheraton, Four Points, Aloft, and Element brand names.
Synergy Resources Corp (NYSEMKT:SYRG)’s shares dropped -0.16% to $12.25.
Synergy Resources Corporation(KT: SYRG) a U.S. oil and gas exploration and production company focused in the Denver-Julesburg Basin, has set a range for its fiscal year 2016 capital expenditures of $250-$300 million and offered an update on its drilling and completion activities in the Wattenberg Field.
Operations Update
Synergy’s Chief Operating Officer, Craig Rasmuson added, “We remain active as we enter our 2015 fiscal fourth quarter. We are presently concluding the eight well Geis pad and expect the wells to be on line in July. Four of the Geis wells will be accomplished using Halliburton’s Access Biovert Frac design, while the other four wells will utilize hybrid gel and slickwater designs. All eight Geis wells will be accomplished utilizing sliding sleeves. Completion activities on the eleven well Cannon pad are planned to start next week with production anticipated to start by late July. Additionally, completion plans for our Wiedeman pad are being finalized pending a contract related to the remediation of an existing offset vertical well within the spacing unit owned by a third party.”
Synergy Resources Corporation engages in the acquisition, development, exploitation, exploration, and production of oil and natural gas properties primarily located in the Denver-Julesburg Basin in northeast Colorado. It holds interests in the Wattenberg field covering about 31,000 net developed and undeveloped acres located in Colorado; and Northern Extension area covering about 26,000 undeveloped acres.
At the end of Friday’s trade, Warren Resources, Inc. (NASDAQ:WRES)‘s shares dipped -6.64% to $0.503.
Warren Resources, Inc. (WRES) declared that it has commenced a registered exchange offer to exchange up to $230,410,000 of its outstanding 9.00% Senior Notes due 2022, which were formerly issued in a private placement (the “Private Notes”), for an aggregate principal amount of up to $230,410,000 in new 9.00% Senior Notes due 2022, which have been registered under the Securities Act of 1933, as amended (the “Exchange Notes”).
The sole purpose of the exchange offer is to fulfill the Company’s obligations with respect to the registration of the Private Notes. Following the registration rights agreement reached by the Company in connection with the sale of the Private Notes, the Company agreed to file with the Securities and Exchange Commission a registration statement regarding an exchange offer following which Exchange Notes, containing substantially identical terms to the Private Notes, would be offered in exchange for Private Notes that are tendered by the holders of those notes (the “Exchange Offer”).
Warren Resources, Inc., an independent energy company, engages in the exploration, development, and production of domestic onshore crude oil and gas reserves. The company primarily focuses on the exploration and development of waterflood oil recovery projects in the Wilmington field within the Los Angeles Basin of California; Marcellus Shale project in northeastern Pennsylvania; and coalbed methane natural gas properties located in the Rocky Mountain region.
Glu Mobile Inc. (NASDAQ:GLUU), ended its Friday’s trading session with -1.67% loss, and closed at $6.48.
Glu Mobile Inc. (GLUU) declared the availability of Cooking Dash 2016 on the App Store and Google Play. Players enter into the fast-paced world of reality television cooking competitions as they assist fan-favorite waitress, Flo, cook for hungry patrons while starring in her very own cooking show!
Glu Mobile Inc. develops, publishes, and markets a portfolio of games for the smartphones and tablet devices users. The company offers free-to-play action, casual, racing, and sports genre mobile games.
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