Alpha Natural (ANR) to Downsize West Virginia Mining Operations Jan 30, 2015 04:16PM

Two operating affiliates of Alpha Natural Resources, Inc. (NYSE: ANR) have notified their employees today that certain West Virginia coal mines are being idled due to sustained weak market conditions and federal government regulations that have challenged the entire Central Appalachian mining industry.

In accordance with the Worker Adjustment and Retraining Notification (WARN) Act, notice has been given to approximately 91 Highland Mining Company employees, advising... (continue reading...)


Sucampo Pharma (SCMP) Names Andrew Smith CFO Jan 30, 2015 04:04PM

Sucampo Pharmaceuticals, Inc. (Sucampo) (Nasdaq: SCMP), a global biopharmaceutical company, today announced the appointment of Andrew Smith, FCMA, CGMA to Chief Financial Officer. Mr. Smith previously served as Sucampo's Vice President, Operations & Finance and has over 30 years of financial and accounting experience within the pharmaceutical, biotechnology and medical device industries in companies ranging from start-ups to multinationals, as well as in public... (continue reading...)


DCP Midstream Partners (DPM) Reports Restructuring Jan 30, 2015 04:03PM

Today, Denver-based DCP Midstream Partners (NYSE: DPM) executed a reduction in force affecting approximately 20 percent of its employees in corporate staff functions. With this corporate restructuring, DCP Midstream will close its Oklahoma City regional office and reduce its workforce in its Tulsa and Midland offices, relocating functions in those locations primarily to its Denver headquarters and Houston regional office.

"DCP contributes to the country's energy vitality... (continue reading...)


Lucas Energy (LEI) Offers Financial Obligations And Operational Update Jan 30, 2015 04:01PM

Lucas Energy, Inc. (NYSE: LEI), an independent oil and gas company with its operations in Texas, today announced that the Company has failed to make a required principal payment that was due on December 13, 2014 under the terms of the Amended Loan Agreement. Specifically, on January 26, the Company received notice from a representative of our lender that we had defaulted on a payment. Consequently, the amount owed under the loan agreement of approximately $7.7 million... (continue reading...)


Lucas Energy, Inc. (LEI) Receives Notice of Default from Lender Louise H. Rogers Jan 30, 2015 03:47PM

On January 26, 2015, Lucas Energy, Inc. (NYSE: LEI) received notice from a representative of Louise H. Rogers, who is the lender to us under that certain Letter Loan Agreement, as amended effective on August 29, 2014 (the “Amended Loan Agreement”, as described in greater detail in the Current Report on Form 8-K filed with the Securities and Exchange Commission on May 1, 2014) in the principal amount of approximately $7.7 million as of September 30, 2014, that we had... (continue reading...)


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