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Feb 7, 2018 News release 0 Comments HOUSTON, Jan. 24, 2018/ PRNewswire/-- Parker Drilling Business (NYSE: PKD) announced today it intends to report its fourth quarter 2017 outcomes after the marketplace closes on Wednesday, February 14, 2018. In conjunction with the release, the Business has ... Feb 7, 2018 News release 0 Remarks HOUSTON, Jan.

Feb 7, 2018 Press Release 0 Remarks HOUSTON, Feb. 1, 2018/ PRNewswire/-- Parker Drilling Business (NYSE: PKD) revealed today that it got notice from the New York Stock Exchange that the Business gained back compliance with the NYSE listing requirement for share cost. On January 2, ...

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In the last opportunity for oil companies to bid on federal Gulf of Mexico waters under a Trump administration, the federal government on Wednesday leased more than a half-million acres to companies for offshore oil drilling and production. The leasing occasion, livestreamed from New Orleans, comes as President-elect Joe Biden readies his transition Biden assured throughout his campaign to ban new oil and gas leasing on public lands and waters as part of his clean energy plan to minimize using carbon-emitting nonrenewable fuel sources, which contribute to climate modification.

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"They wished to get on it before the window potentially closes and there are more regulatory hurdles," stated Sami Yahya, a senior energy analyst for S&P Global Platts Analytics. land rigs for sale in governmental administrations "is one of the top things operators have in mind." The Bureau of Ocean Energy Management stated about 518,000 acres were leased throughout the auction for nearly $121 million in high bids.

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"These are clearly unsure times, with COVID-19 and the low oil cost," Celata stated. "I'm delighted, provided whatever that has taken place, at the size of the sale. The Gulf has a long future [for oil production]" Expectations for the sale were dim due to the fact that of reduced global oil demand and low oil prices triggered by the COVID-19 pandemic.