Chesapeake Energy is selling its Oklahoma Well Assets to FourPoint Energy LLC. The Cost of the deal is about $840 million, will consist of three contingent payments to the firm’s interest Owners GSO Capital Partners LP. There are around 1500 wells in Cleveland, Tonkawa and Marmaton formations. View the full release here.
News: Chesapeake Selling Oklahoma Assets $CHK Read More »
Teva Pharmaceutical Industries Ltd. and Xenon Pharmaceuticals Inc., has jointly conducted the placebo-controlled Phase 2b study designed to evaluate the safety and efficacy of topically applied TV-45070 (4% and 8% w/w ointment) in patients with chronic pain due to osteoarthritis (OA) of the knee. The results were not sufficient to make any difference from placebo in
News: Xenon unable to Pass 2b Trials $XENE Read More »
Biocept, Inc., a molecular diagnostics company, has launched liquid Biopsy test for Breast and Lungs Cancer. It will help physicians identify patients who may be receptive to certain breast and lung cancer treatments. “The launch of FGFR1 testing is part of our strategy to use liquid biopsy to transform the field of personalized medicine,” said Raaj Trivedi,
News: Biocept Launched Liquid Biopsy Test $BIOC Read More »
Daqo New Energy Corp., a leading polysilicon manufacturer based in China, has announced the change in its management. The Top changes are Ming Yang as Chief Financial Officer and Shihua Su as Chief Marketing Officer. Mr. Yang holds an MBA degree from Cornell University with concentration in finance and strategy. He also holds a bachelor’s
News: Daqo New Management Change $DQ Read More »
Shell Midstream Partners has acquired a 36% equity interest in the Poseidon Oil Pipeline Co. The Deal accounts for $350 million from Equilon Enterprises LLC, a subsidiary of Shell Oil Products US. The acquisition was funded with borrowings under Shell Midstream Partners’ revolving credit facilities. Shell has also increased its total borrowing capacity to $500 Million
News: Shell Midstream acquires Poseidon Oil $SHLX Read More »
