Roan Resources to be acquired by Citizen Energy Operating in $1bn deal

first_img Citizen Energy Operating to acquire Roan Resources (Credit: Pixabay) Oklahoma-based Roan Resources has agreed to be acquired by Warburg Pincus-backed Citizen Energy Operating in an all-cash deal worth around $1bn (£810m) — including net debt of around $780m (£634.37m).Roan Resources is engaged in the development, exploration and acquisition of unconventional oil and natural gas reserves across the Merge, SCOOP and STACK plays of the Anadarko Basin in Oklahoma.Roan Resources was formed in 2017The company was created in 2017 through contributions of nearly 140,000 net acres from Linn Energy and Citizen Energy, II in the Merge/SCOOP/STACK plays. Since then, the company is said to have added additional acreage for a total of around 177,000 net acres, of which 115,000 acres are in the Merge play.Roan Resources claims to have produced around 49,000 barrel of oil equivalent (BOE) per day by the end of the first quarter of 2019.In May 2019, Roan Resources engaged Citigroup Global Markets and Jefferies to assist it in evaluating strategic alternatives.As per the terms of the merger deal, Citizen Energy is offering to pay $1.52 (£1.24) per share to Roan Resources’ stockholders.Roan Resources board executive chairman Joseph Mills said: “This transaction is the culmination of our Board’s extensive review of strategic alternatives to maximise value for our stockholders, including a comprehensive process during which we engaged with a considerable number of counterparties.“Ultimately, the Board unanimously determined that an all-cash transaction with Citizen Energy is in the best interests of our stockholders and the Company and will deliver value to our stockholders at a premium to our recent share price.”The merger will be subject to Roan Resources’ stockholder approval, regulatory approvals and the meeting of other customary closing conditions, with closing expected to occur during the fourth quarter of this year.Based in Tulsa, Oklahoma, Citizen Energy is focused on developing horizontal play concepts in the US onshore region. The company’s management team is said to have horizontal technical experience across the states of Oklahoma, Texas, Arkansas and Louisiana. Headquartered in Oklahoma City, Roan Resources is active in the Merge, SCOOP and STACK plays of the Anadarko Basin in Oklahomalast_img read more

Dominican, Delroy Nesta Williams Featured in Inaugural Publication of US Magazine

first_imgEntertainmentInternationalLifestyleLocalNews Dominican, Delroy Nesta Williams Featured in Inaugural Publication of US Magazine by: – February 29, 2020 Share 180 Views   no discussions Share Sharing is caring!center_img Tweet Share Dominican writer, Delroy ‘Nesta’ Williams’ short story, The Ritual, is featured in the inaugural issue of US magazine, Gumbo.The magazine’s first publication, being launched in Chicago, USA on the last day of Black History Month (February 29th) is described as an ode to black life. It is a coffee table top book that is ideal for afrocentric individuals who aspire to attain contemporary art.Williams describes his choice as a contributing writer as a great opportunity especially given his humble beginnings as a writer.The magazine’s co-founder/creative director described The Ritual as “compelling, and an excellent fit with our vision for this inaugural issue.”Williams’ short story, selected from over 1000 submissions from over 400 creatives, delves into death and coming to terms with loss from the perspective of a young boy finding his space within a disjointed family.He mentioned that he is currently compiling a collection of poems entitled Moods and Attitudes and also working with other Dominican writers on a children’s book.He is also a contributor to a Dominican short story anthology entitled The Flying Crapaud which was recently published in 2020.Gumbo Magazine can be purchased online via the company’s website:GumboThe Flying Crapaud can be purchased online via Amazon.last_img read more

Sr. Millie Speed O.S.F.

first_imgSr. Millie Speed, formerly Sr. Charles Helene, age 93 of the Srs. of St. Francis in Oldenburg, died Tuesday, March 20, 2018 at the convent.  Born June 15, 1924 in Cincinnati, she is the daughter of Helen (Nee: Lehmkuhl) and Charles Speed. She was the third of five children.Her two older brothers died before she was born and her father died suddenly shortly after the birth of her youngest brother, but she had fond memories of her father and how he took care of the family.  She attended St. Clement School in Cincinnati where she met the Sisters from Oldenburg.  She would graduate from the Immaculate Conception Academy in Oldenburg and entered the novitiate program at the convent.  She professed her final vows on August 12, 1945.After earning her degree, she would spend the next 54 years teaching at schools in Illinois, Indiana, Montana and Ohio.  In 1996 she would leave the classroom and began a journey with the Navajo tribe in New Mexico, serving the very poor.  The Navajo were sheep herders and being confined to the reservation caused over grazing of the land leading to economic difficulties and making life difficult.  She observed, “There is an enormous struggle within the culture to maintain the Navajo identity.  Elders are worried because many of the young don’t speak Navajo or know traditional ways.”  She also noted that the schools were substandard and the people fell far below the poverty line set by the government.  But, because the Navajo are spiritual people, hope lives on.  She retired to the motherhouse in 2005 where she helped coordinate the efforts of the Convent’s Little Portion Club.  She returned to visit her Navajo “family” as her health permitted.She is survived by nieces and nephews.  In addition to her parents, she is also preceded in death by her brothers Norbert, Charles, Joseph (Walt) and James Speed.  Visitation is Friday, March 23rd, from 1 – 3 p.m. at the Srs. of St. Francis Chapel.  Funeral services follow at 3 p.m. with burial in the convent cemetery.  Memorials may be made to the Srs. of St. Francis, P.O. Box 100, Oldenburg, Indiana, 47036.  Weigel Funeral Home is in charge of arrangements.last_img read more

Stores pull pet food off shelves

first_imgIn the midst of a nationwide pet-food recall, local stores and animal shelters have yanked products from their shelves and veterinarians report a deluge of calls from worried pet owners. About 100 brands of widely distributed dog and cat food have been implicated, and the number grows daily. PetSmart, Petco and Wal-Mart are among the chain stores that have tossed out products in Santa Clarita, and the Lancaster animal shelter has taken similar steps. “As soon as we found out, we became proactive,” said K. “Beau” Beauregard, manager for the Lancaster Animal Shelter, which has dumped 132 cans of dog food and 551 cans of cat food since mid-March. The shelter’s roughly 300 animals show no signs of illness, he said. “They had been drinking excessive amounts of water and urinating a lot,” he said of the dogs. “One of the major things to understand is that probably millions of pets ate the food, and thousands have been affected. We don’t know. Is it just dosage? Have the ones who’ve eaten a lot gotten sick, or are small batches more toxic than others?” [email protected] (661) 257-5255160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “There are signs up on the shelves and suggestions for alternative brands we know haven’t been affected by the recall,” PetSmart spokeswoman Michelle Friedman said. Wal-Mart red-flags registers for items that might have escaped detection. “When the cashier scans the item, there will be an alert that pops up to (tell) the cashier that this is a recalled item,” Wal-Mart spokeswoman Jami Arms said. At the Petco store in Saugus, about five brands of canned wet food and pouches of some wet-food samples and snacks were dumped. According to the U.S. Food and Drug Administration, four companies have voluntarily recalled products: Menu Foods Inc.; Nestle Purina PetCare Co.; Hill’s Pet Nutrition Inc.; and Del Monte Pet Products. Menu pulled the lion’s share of items. The FDA suspects wheat gluten from China contaminated the foods. Dry food bought from vendors is said to be safe, but one local animal shelter dumped hundreds of cans of donated food. Saugus veterinarian Gregory Ehrman treated two dogs that reportedly ate tainted food, but he was unable to help a cat that died. last_img read more

Hoopa halts Ferndale, keeps pace with Arcata

first_imgWith both an 85-yard kick return touchdown by William Reynolds and a 35-yard interception return for a touchdown by Kimit Peters, the Hoopa Valley Warriors shutout the Ferndale Wildcats 32-0 in what was a pivotal Little 4 Conference game, Saturday afternoon at Coach Carlson Wildcat Field.With Saturday’s win Hoopa improves to 3-1 in the Little 4 and 5-3 overall. At 3-1 in league, Hoopa remains tied with Arcata a top the Little 4 standings with two games remaining.With Saturday’s loss Ferndale …last_img read more

Itlhabolole: beauty from waste

first_imgA pair of shoes created from waste by Itlhabolole Waste Management, a self-help project in North West province. (Image: North West Craft and Design Institute) MEDIA CONTACTS •Margaret Khambule Itlhabolole Waste Management +27 73 648 7200 •Potlako Ntlatleng North West manager National Development Agency +27 18 392 6892RELATED ARTICLES • Voluntourism: See SA, do good • Greening it up in Cape Town • Food security starts at home Bongani NkosiSomewhere in South Africa, in some little-known village, waste is being turned into beautiful income-generating objects.A band of motivated women in Ikopeleng village, in the North West province, are leading a groundbreaking project, aptly called Itlhabolole Waste Management. They turn bin-destined waste into stylish clothing and other indoor designs.Ithlabolole (Setswana, meaning “develop yourself”) produces trendy ladies’ bags, traditional Tswana clothing, shoes, plastic wreaths, dustbins, peg holders, mats and placemats from plastic.“We collect dirty plastics to create beautiful artefacts,” says founding member Margaret Khambule. “The people we work with are very passionate about the project.”Itlhabolole was started in 2000 by a group of 21 people, mostly women. In 2005 the group received their biggest funding to the tune of US$51 200 (R387 700) from the National Lotteries Board.Also in 2005, it was a recipient of a $2 640 (R20 000) donation from the Department of Trade and Industry (DTI) through its Khula Enterprise, which facilitates access to funding for small and medium businesses. The Small Enterprise Development Agency also gave Itlhabolole $6 600 (R50 000) in that year.“This is a project that shows that women are an economic power in rural areas and are determined to fight poverty…,” said then DTI deputy minister Elizabeth Thabethe at the South African Women Entrepreneurs Network imbizo in 2005.The funds catapulted Itlhabolole to a prolific and stable organisation that is able to generate income for its members. Today the cooperative consists of 18 people, 14 of whom are women and two are youth.“We sell our products and we also do exhibitions across the country. We try to boost our families,” said Khambule. “The project is not exactly big; we are just trying to sustain it.”The DTI’s support for the group has been quite commendable, said Khambule. The National Development Agency (NDA), which is mandated by the government to fund community projects, has been funding Itlhabolole for the past two years. “The DTI and NDA are helping us a lot.”Growth and successWithin just a year of its launch in 2000 the women were able to build their project’s headquarters in their village.The cooperative continues to enjoy its success and growth. Its impressive showing at Decorex Joburg, an expo that took place in the city in August, secured Itlhabolele a deal to showcase its products to Germany in an exhibition in 2010, and a chance to get its products into German markets.The annual Decorex event, a convergence of local and international designers, showcased chic indoor and outdoor designs.Itlhabolole received an overwhelming response at Decorex and its products were sold out within two days. The project took home a silver medal in the Best Product category.“This recognition is not only for the work that this organisation is doing, it also confirms for the women of Itlhabolole Waste Management that life is what you make of it,” said Potlako Ntlatleng, NDA North West provincial manager.“In a time when concern over the environment is gaining much attention, a small village in a corner of South Africa is creating wealth out of the waste that litters our streets,” Ntlatleng said.The group has established a strong client base in Johannesburg, Cape Town, Kimberley and Botswana. “We also trained groups of people on recycling in Kimberley and Botswana,” said Khambule.More than just a businessItlhabolole is more than just a business project; it is also an NGO. As part of its community work the group embarked on a cleaning campaign in Ikopeleng village on 2 October.Khambule said the campaign, which was also supported by their local municipality, was quite a success. She said they are on a drive to convince the government to lead clean-ups in villages. “We want to encourage the government to take part in these campaigns.”Khambule added that they were looking ahead to the 2010 Fifa World Cup, when millions of visitors are expected to flock to South Africa. “The country must be beautiful,” she said.Environmental responsibilityTeaching school-going youth about the necessity of a clean environment has also become the group’s work. They visit schools to drive a clean environment message. “It must ring in their heads that we need a clean environment,” said Khambule. Farming could also become Itlhabolole’s next major success. The group has recently received a piece of land in their village and plan to use it to grow their gardening business.At present they sell their vegetables in surrounding villages in the North West province. But the ultimate dream is to be able to supply major markets. “I dream about the farm becoming big, if we could just have a bigger market,” said Khambule.She said they continue to receive support from other government ministries, such as the Departments of Agriculture as well as Arts and Culture. The latter department recently provided art and administration learnerships for Itlhabolole.last_img read more

Mike Lutmer, Nov. 7

first_imgShare Facebook Twitter Google + LinkedIn Pinterest We will hopefully finish beans by the end of the week. They have been averaging right around 50, maybe a little better. I’ve had a few fields where I was pleasantly surprised with the beans. They were a little spotty when they came up last spring but as a whole I can’t complain.We ran into a little bit of green stem last week. We had a light frost two weeks ago and they are calling for a solid frost next Friday or Saturday, which should help.I haven’t gotten a lot of corn yet. It has been all over the board. My uncle has been shelling and it has been OK. It is coming out dry and the yields are average at best at 130 to 160 bushels or something like that. Most of it has been near the bottom of that range.We had some tops starting to break out. Hopefully we don’t get any big windstorms or we’ll probably have some corn going down. Right now everything is still standing OK, but I am concerned. If everything cooperates, we’ll have beans finished this week and in the following week we can have the corn pretty well wrapped up.I ran a field of double-crops last night and they were around 30 bushels. Some guys in the county were pushing 50 bushels with their double-crops.We have been fortunate as far as weather goes for harvest so far. I hope I am not jinxing myself with harvest by saying that.We have most of our wheat in and the wheat that is in is up and looking good.last_img read more

CWG scam: Suresh Kalmadi denied bail

first_imgSacked Commonwealth Games Organising Committee chief Suresh Kalmadi will continue to stay in Tihar Jail as a Delhi court on Monday rejected his bail application in connection with the CWG corruption case.  The Patiala House court has held that Kalmadi might be able to influence witnesses since most of them (witnesses) have worked in OC under Kalmadi. Kalmadi had been arrested on April 25 for his alleged role in awarding a Games contract to a Swiss firm at an exorbitant rate.  Special CBI Judge Talwant Singh dismissed Kalmadi’s bail plea along with that of Games organising panel’s Joint Director-General (Sports) A.S.V. Prasad, saying that “the offences are of serious nature”. The court also said that “Prasad was close to Kalmadi” and had a key role in awarding the contract which caused huge loss to the exchequer. Kalmadi was arrested along with Prasad and three others for awarding the contract for installing the Time-Scoring-Result (TSR) system to a Swiss firm, Swiss Times Omega, at an exorbitant cost of Rs 141 crore, causing a loss of over Rs 95 crore to the public exchequer. – With inputs from PTIlast_img read more

Midseason Position Grades: Wide Receivers

first_imgDown the depth chart, Jhajuan Seales appears to have taken another step forward for his 12th season in Stillwater. Even being third in production as far as yards, Seales has proven at times he can manage the role as a No. 1 wideout and has the physical tools to stretch the field. Being a No. 3 option, he isn’t given the same amount of opportunities, but he has already eclipsed his total yards from the 2015 season.On the other side of the spectrum, Chris Lacy has proven to be a formidable option but has really shown his worth in down field blocking.“Chris Lacy, in the last game (against Texas), was as impressive as any wide receiver that I’ve seen here at OSU in a very long time,” Gundy said following the Texas game about Lacy. “He reminded me of DeMarcus Conner, who used to just wear guys out (blocking downfield). And that’s what Lacy did.”The group as a whole is very well rounded, with each specific receiver bringing a unique skillset to the table that OSU has capitalized on throughout the year so far.  I gave the group a grade of A- for their performance thus far, and the team gave an aggregate of an A. Overall, though, you can’t ask for much more production than what they’ve been able to give you through the first half of the year.screen-shot-2016-10-14-at-12-47-08-pmWR Grade: A Halfway through the 2016 football season, we’re handing out grades for each position group and one of the most vaunted groups, wide receivers, is up next.Even without preseason Biletnikoff Watch Lister Marcell Ateman, the receivers group has performed admirably this season, and rank No. 10 as a passing offense with more than 350 yards through the air per game on average. And while that number is also a testament to the dude slinging the rock, the receivers have done their part to vault them into the top 10 nationally and No. 3 in the conference.The strength of the group, much like the Big 12 conference, is at the top of the depth chart. Losing freshman phenom Dillon Stoner was a blow to the overall depth of the team, but the top half of the group is loaded with talent, lead by James Washington.Washington started the season surprisingly slow. Against lesser competition against SE Louisiana and Central Michigan, he combined for 103 total yards. In the games since then, even with a step up in competition and more attention thrown his way in coverage, he has proven his all-american status by averaging 157 per game since.And the attention he gets on the outside has opened things up for OSU in other areas, too, as Mike Gundy noted this week. “(The defense) plays differently,” Gundy said Saturday. “You go back and watch it and study how they play when he’s in the game compared to when he’s not, they’re going to get an extra guy in the box in the running game.”Washington isn’t the most physically imposing receiver at 6-foot (which might be a stretch), but he has the leaping ability and athleticism to flat out make you look silly on the edge with catches like this. While you’re here, we’d like you to consider subscribing to Pistols Firing and becoming a PFB+ member. It’s a big ask from us to you, but it also comes with a load of benefits like ad-free browsing (ads stink!), access to our premium room in The Chamber and monthly giveaways.The other thing it does is help stabilize our business into the future. As it turns out, sending folks on the road to cover games and provide 24/7 Pokes coverage like the excellent article you just read costs money. Because of our subscribers, we’ve been able to improve our work and provide the best OSU news and community anywhere online. Help us keep that up.center_img The second leading receiver is by far the biggest leap from last year as far as production. Jalen McCleskey, who was a speedster last season who had high points, has been able to step into the No. 2 receiver spot and has been incredibly productive. Oklahoma State has gotten creative in their ways to get McCleskey the ball, and he has taken advantage of his opportunities on jet sweeps and out of the slot. Bottom line: McCleskey + Space = Good things.WATCH: Rudolph to McCleskey gives #OKState its first touchdown of the dayCatch OSU vs. CMU on FS1! pic.twitter.com/zJjwNTM8Xc— Cowboy Football (@CowboyFB) September 10, 2016last_img read more

2017 Position Preview: Cowboy Safeties Are Deep But Top-Heavy in Experience

first_img—LaMarcus MortonFreshman SS2Za’Carrius GreenSoph. (RS) —Malcolm RodriguezFreshman PlayerClass While you’re here, we’d like you to consider subscribing to Pistols Firing and becoming a PFB+ member. It’s a big ask from us to you, but it also comes with a load of benefits like ad-free browsing (ads stink!), access to our premium room in The Chamber and monthly giveaways.The other thing it does is help stabilize our business into the future. As it turns out, sending folks on the road to cover games and provide 24/7 Pokes coverage like the excellent article you just read costs money. Because of our subscribers, we’ve been able to improve our work and provide the best OSU news and community anywhere online. Help us keep that up. Previous position previews: RB | CW | WR | OLOne of the deeper positions on the roster took a hit with the loss of three-year team leader in tackles, Jordan Sterns, as well as former Auburn-transfer Derrick Moncrief, but OSU seemingly has a lot of guys to choose from as they try and fill out a two-deep for the fall.Bodies don’t exactly equal players and there are some unknowns, though. Several of these guys have contributed special teams or not much at all. OSU safeties coach Dan Hammerschmidt will have his work cut out for him to get this unit ready come fall, but he has a couple of playmakers at the top of the depth chart.Tre FlowersFlowers heads into 2017 leading all Cowboy defenders with 27 consecutive starts. He’s been know as more of a quiet leader but will need to take more of a vocal leadership role on the secondary along with corner Ramon Richards.The red-shirt junior compiled 61 total tackles (45 solo), seven pass breakups, two tackles for loss and two forced fumbles. And who could forget when he went house after receiving the pitch from Vincent Taylor on the blocked PAT against Texas.Kenneth Edison-McGruderAcross from Sterns will be a new face in the starting lineup and it’s not really a question of who it should be.Edison-McGruder saw playing time as a true freshman and became a key contributor as a sophomore. His 29 solo tackles were the most for an underclassman in 2016 and he should have every opportunity to step into Jordan Sterns starting spot.Jerel MorrowThe only other senior among safeties currently slated for 2017. He’s seen most of his reps come on special teams but will have a chance to compete for quality reps starting this spring. Morrow’s experience should allow him the chance for more reps but there will be some younger guys playing for a spot.Za’Carrius GreenGreen got some time on special teams and played sparingly on defense as a red-shirt freshman but will look for an increased role in 2017.Incoming FreshmenLaMarcus Morton – A two-way star from Gilmer, Texas, Morton will be with Cowboys in the spring after enrolling early. The three-star wide receiver/defensive back will get a head start in the competition for reps.Malcolm Rodriguez – A three-star dual-threat quarterback and defensive back from Wagoner, Oklahoma who committed to play safety. Check out our writeup on Rodriguez.Trey Sterling – A three-star safety from Sunnyvale, Texas who committed back in November. Sterling considers himself a hard hitter and the OSU coaches agree, which is why they snatched him up when he was still an unranked prospect.OthersChance Cook – As a true freshman in 2016, Cook appeared in every game except the Alamo Bowl. Look for him to possibly step into an increased role in 2017.Winston Westbrooks – A redshirt sophomore in 2017 who played in the 2016 season opener against SE Louisiana.Matthew Newsome – A redshirt junior in 2017 who played in the 2016 season opener against SE Louisiana.There are still a lot of questions to be answered and that process will start this spring but here’s a decent starting point as far as how we see the depth chart shaking out.2017 Projectionscenter_img FS1Tre FlowersSenior (RS) Hopefully, the Cowboy secondary can take a step forward in 2017 but it will fall on the shoulders of a couple of young safeties to make plays. FS2Jerel MorrowSenior (RS) SS1Kenneth Edison-McGruderJuniorlast_img read more