HOUSTON, TX -- (MARKET WIRE) -- 02/10/12 -- EV Energy Partners, L.P. (NASDAQ: EVEP) (the "Partnership") today announced that its public offering of 3,500,000 common units was priced at $67.95 per unit to the public. The Partnership expects the delivery to occur on February 15, 2012. In addition, the underwriters have an over-allotment option to purchase up to 525,000 common units. The offering was upsized to 3,500,000 common units from the original offering size of 3,200,000 common units.
Assuming no exercise of the over-allotment option, the Partnership expects to receive net proceeds from the offering of approximately $233 million, after deducting the underwriting discounts and commissions and estimated offering expenses, and including the Partnership's general partner's proportionate capital contribution.
The Partnership intends to use the net proceeds from the offering, including the proceeds from any exercise of the over-allotment option of common units, to repay indebtedness under its existing revolving credit facility.
Wells Fargo Securities, Citigroup, Raymond James, RBC Capital Markets, BofA Merrill Lynch, Credit Suisse and J.P. Morgan will act as joint book-running managers of the underwritten offering of common units. This offering of common units will be made only by means of a preliminary prospectus supplement and the accompanying base prospectus, copies of which may be obtained from:
Wells Fargo Securities Attn: Equity Syndicate Dept. 375 Park Avenue New York, New York 10152 Email: cmclientsupport@wellsfargo.com Telephone: (800) 326-5897
Citigroup Attn: Prospectus Department Brooklyn Army Terminal 140 58th Street, 8th Floor Brooklyn, New York 11220 Email: batprospectusdept@citi.com Telephone: (800) 831-9146
Raymond James Attn: Equity Syndicate 880 Carillon Parkway St. Petersburg, Florida 33716 Telephone: (800) 248-8863
RBC Capital Markets Attn: Equity Syndicate Three World Financial Center 200 Vesey Street, 8th Floor New York, New York 10281 Telephone: (877) 822-4089
BofA Merrill Lynch Attn: Prospectus Department 4 World Financial Center New York, NY 10080 Email: dq.prospectus_requests@baml.com
Credit Suisse One Madison Avenue New York, New York 10010 Attn: Prospectus Department Telephone: (800) 221-1037
J.P. Morgan c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, New York 11717 Telephone: (866) 803-9204
An electronic copy of the prospectus supplement and accompanying base prospectus may also be obtained at no charge at the Securities and Exchange Commission's web site at www.sec.gov.
EV Energy Partners, L.P., is a master limited partnership engaged in acquiring, producing and developing oil and gas properties.
(code #: EVEP/G)
The common units are being offered pursuant to an effective registration statement that the Partnership previously filed with the Securities and Exchange Commission. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the common units or any other securities, nor shall there be any sale of the common units or any other securities in any state or jurisdiction in which such offer, sale or solicitation would be unlawful prior to registration or qualification under the securities law in such state or jurisdiction.
This press release includes forward-looking statements. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Partnership expects, believes or anticipates will or may occur in the future are forward-looking statements, including statements regarding closing of the offering and the use of proceeds of the offering. These statements reflect the Partnership's expectations or forecasts based on assumptions made by the Partnership. These statements are subject to risks including those relating to market conditions, financial performance and results, prices and demand for natural gas and oil and other important factors that could cause actual results to differ materially from our forward looking statements. These risks are further described in the Partnership's reports filed with the Securities and Exchange Commission.
Any forward-looking statement speaks only as of the date on which such statement is made and the Partnership undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.
EV Energy Partners, L.P., Houston Michael E. Mercer 713-651-1144
Source: EV Energy Partners, L.P.
FedBiz Access, a Government Contracting Consulting Firm Which Focuses on Helping Small Businesses Increase Their Revenue Through Government Contracting, Partners and Signs Teaming Agreement with Skyway Acquisition Solutions, an Organization with over 200 Years of Experience Working Directly as Government Contractors and Auditors to Help Businesses Acquire Government Contracts
ST. PETERSBURG, Fla.--(BUSINESS WIRE)-- FedBiz Access (FBA), a St. Petersburg, Florida government consulting firm, partners with an exclusive teaming arrangement with Skyway Acquisition Solutions (Skyway). “Through our innovative online service, FedBiz Access has the ability to reach out to and assist small business owners that need our tools to help them succeed in government contracting. We give our small business clients the inside edge they need to tip the scales even further in their favor and win more contracts,” Jim Zach, President, FedBiz Access.
This Teaming Agreement between the two firms combines the innovative technology platform and online services offered by FedBiz Access with unparalleled guidance of the government contract bidding process from Skyway’s team of experts in the federal procurement cycle. Skyway’s staff is comprised of over 200 years of experience as Contracting Officers, Auditors, and Buyers working directly for various federal government agencies. “Skyway’s knowledge, expertise, and coaching services round out the process to allow clients to identify the right opportunity, submit a competitive proposal, and grow your business,” Kevin Jans, President, Skyway.
Together, FBA and Skyway will offer a comprehensive suite of services and guidance for small and large businesses looking to compete and win federal contracts. By helping companies verify and enhance their government profiles, providing targeted reporting with direct point of contact information, and having a high ranking from search engines such as Google, FBA provides a low-cost, high value support system that allows businesses to position themselves for success in the government contracting arena.
Once FBA’s clients gain knowledge and credentials to increase their federal marketability and presence, FedBiz Access introduces them to Skyway. Skyway then guides each company to the advanced levels to compete for and win ever-larger contracts within the federal market. As FedBiz Access continues to grow, its mission remains the same - provide the guidance and full support businesses need to succeed in government contracting today.
About FedBiz Access:
For over a decade, FedBiz Access has delivered actionable insight that empowers their customers to unlock their business potential within the federal government. Thousands of organizations throughout the U.S. and abroad use FedBiz Access to research and identify opportunities, win new business, streamline operations, and deliver profitable projects.
About Skyway Acquisition Solutions:
As you look for help from government contract consultants, you will find few who have as much actual experience as government contracting officers than the Skyway Acquisition Solutions team. Skyway’s specialty is their consultant’s direct experience on the government side of the competition process. Skyway helps clients throughout the entire competitive process: from interpreting and demystifying the Request for Proposal; to building a strong proposal; to administering the contract.
FedBiz AccessJariel (Jay) Morales, 888-295-4352-x301VP of Marketingjmorales@FedBizAccess.comorSkyway Acquisition SolutionsKevin Jans, 727-644-7008Presidentkevin@skywayacquisition.com
Source: FedBiz Access
SAN FRANCISCO, Feb. 10, 2012 /PRNewswire/ -- Leading futurist, author and business adviser Dr. James Canton, CEO, Institute for Global Futures, has released a report on the top global trends for 2012. The Global Futures Forecast 2012 is an annual trend report that predicts the newest developments coming in the year. Organizations worldwide use this yearly forecast as a barometer for what challenges, risks and strategies may emerge in the marketplace and society.
The Global Futures Forecast 2012 uses a proprietary forecasting platform called Trend Trakker to combine research analysis, interviews, crowd sourcing and expert opinions to produce the findings in the report.
The Global Futures Forecast 2012 examines the future of the Internet, workforce, manufacturing, mobility, climate change, cybersecurity, water and innovation as key drivers of change this year.
"Agility will be a top challenge this year for all organizations," stated Dr. James Canton, author and CEO of Institute for Global Futures. "We are predicting that fast and disruptive changes will be both an opportunity for growth and competitive advantage as well as a great risk." Companies that plan now for the challenges of this year forecast by Dr. Canton will be able to adapt, learn and navigate the social, economic and technological changes that are coming. "Fast change, hyper-competition and explosive innovations may catch organizations unprepared," asserts Dr. Canton.
Quantum computing, extreme mobility, the semantic web and cloud computing are four game-changing innovations cited by the global trends report. Dr. Canton's research indicates that: "Radical innovations will lead the key disruptions business will face this year. Many companies are not future-ready to meet the global challenges that will emerge."
The full report can be downloaded free from http://www.FutureGuru.com.
The Institute for Global Futures is a San Francisco think tank that advises the global Fortune 100 and governments on trends.
Dr. James Canton, futurist, adviser, is the author of the Extreme Future and Technofutures.
Contact:
Dr. James Canton Institute for Global Futures 415 563 0720
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE Institute for Global Futures
Live Webcast 11:00 A.M. Eastern, Thursday, February 16
PURCHASE, N.Y.--(BUSINESS WIRE)-- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW), a leading global provider of outsourced aircraft and aviation operating services, announced today that President and Chief Executive Officer William J. Flynn will speak on behalf of the Company at the BB&T Capital Markets Transportation Services Conference on Thursday, February 16, 2012, at 11:00 a.m. Eastern Time.
A live Webcast of Mr. Flynn’s comments will be broadcast simultaneously on the Internet and can be accessed via http://wsw.com/webcast/bbt22/aaww/. An archived broadcast of the presentation will be available for 90 days following the live presentation.
Slides supplementing Mr. Flynn’s comments will be available for downloading from Atlas Air Worldwide’s website on Thursday morning, February 16, at www.atlasair.com.
Interested parties should click on “Investor Information,” click on “Presentations,” and then on the link to “Slides – BB&T Capital Markets Transportation Services Conference.”
About Atlas Air Worldwide:
Atlas Air Worldwide is the parent company of Atlas Air, Inc. (Atlas) and Titan Aviation Leasing (Titan), and is the majority shareholder of Polar Air Cargo Worldwide, Inc. (Polar). Atlas Air Worldwide also maintains a 49% interest in Global Supply Systems Limited (GSS). Through Atlas and Polar, Atlas Air Worldwide operates the world’s largest fleet of Boeing 747 freighter aircraft.
Atlas, Titan and Polar offer a range of outsourced aircraft and aviation operating services that include ACMI service – in which customers receive an aircraft, crew, maintenance and insurance on a long-term basis; CMI service, for customers that provide their own aircraft; express network and scheduled air cargo service; military cargo and passenger charters; commercial cargo and passenger charters; and dry leasing of aircraft and engines.
Atlas Air Worldwide’s press releases, SEC filings and other information may be accessed through the Company’s home page, www.atlasair.com.
Atlas Air Worldwide Holdings, Inc.Investors:Dan Loh, 914-701-8200orMedia:Bonnie Rodney, 914-701-8580
Source: Atlas Air Worldwide Holdings, Inc.
MONTREAL, QUEBEC, CANADA -- (MARKET WIRE) -- 02/10/12 -- Richmont Mines Inc. (TSX: RIC)(NYSE Amex: RIC), ("Richmont" or the "Corporation") is pleased to announce results from its deep drilling program on its Island Gold Mine property (the "Property").
Highlights:
-- Four main zones (G, C, D and E1E) identified between -500 metres and
-900 metres of vertical depth over a lateral strike length of 150 metres
that span between the Lochalsh and Island Main zones;
-- Results include: 13.39 g/t Au over 4.84 metres and 16.42 g/t Au over
4.08 metres in Zone E1E, 22.08 g/t Au over 6.58 metres in the G Zone,
12.28 g/t Au over 7.24 metres and 27.26 g/t Au over 5.88 metres in Zone
C, 33.36 g/t Au over 2.18 metres and 20.22 g/t Au over 2.05 metres in
Zone D, and 13.23 g/t Au over 3.67 metres in Zone STH (just south of the
G Zone) (all cut grades over true width);
-- 2011 deep exploration drilling at the Island Gold Mine encompassed 25
holes and wedges over a total of 23,000 metres; 2012 program will
include 35,000 metres of surface and underground exploration drilling.
Martin Rivard, President and CEO, commented: "We have results from more than 23,000 metres of deep drilling completed at our Island Gold Mine, and are pleased that they have confirmed the potential at depth for this Property. While the spacing of this drilling is currently too large to establish resources, the results confirm the extension of known zones at depth. We plan on completing approximately 35,000 metres of deep drilling at Island Gold during 2012, with the goal of establishing resources below current infrastructure. 20,000 metres of this drilling is planned from underground, and we have already begun a 1,100 metre exploration drift from the -400 metre level of the mine to provide more effective access for drilling. In addition, we are currently evaluating different options for the potential construction of an exploration shaft in order to accelerate the identification of deep resources at Island Gold."
The following table selectively presents drill results that intersected a cut grade of at least 3 g/t Au over a minimum true width of 2.0 metres.
----------------------------------------------------------------------------
TABLE 1
ISLAND GOLD MINE DRILL RESULTS(1)
----------------------------------------------------------------------------
Vertical
depth
of
True Uncut Cut Inter-
Hole Length From To Width Grade Grade(2) section
Number (metres)(metres) (metres) (metres) (g/t Au) (g/t Au) Zone (metres)
----------------------------------------------------------------------------
GD-10-
09W1 999 724.00 728.00 2.34 8.68 8.68 D 681
----------------------------------------------------------------------------
GD-10-
09W2 982 628.93 632.55 2.00 50.41 14.28 C 597
-------------------------------------------------------------
726.00 729.85 2.18 34.58 33.36 D 684
-------------------------------------------------------------
793.00 796.45 2.00 3.08 3.08 E1E 743
----------------------------------------------------------------------------
GD-10-
11 1,050 655.00 659.62 2.63 4.95 4.95 G 614
----------------------------------------------------------------------------
GD-10-
13 885 645.00 648.77 2.10 3.82 3.82 E1E 614
----------------------------------------------------------------------------
GD-10-
15 954 657.15 661.70 2.57 3.97 3.97 C 613
----------------------------------------------------------------------------
GD-11-
01 975 738.40 741.95 2.04 4.78 4.78 E1E 688
----------------------------------------------------------------------------
GD-11-
05 1,062 605.00 616.60 5.25 3.64 3.64 G 597
-------------------------------------------------------------
898.48 910.00 4.84 44.27 13.39 E1E 877
----------------------------------------------------------------------------
GD-11-
05W1 972 742.00 746.12 2.00 5.80 5.80 D 720
-------------------------------------------------------------
863.00 871.00 3.84 6.00 6.00 E1E 834
----------------------------------------------------------------------------
GD-11-
05W2 966 603.00 613.50 4.97 3.80 3.80 G 594
-------------------------------------------------------------
770.83 775.40 2.13 5.37 5.37 D 748
-------------------------------------------------------------
875.19 880.16 2.23 4.47 4.47 E1E 847
----------------------------------------------------------------------------
GD-11-
07 1,226 713.79 718.75 2.00 6.12 6.12 G 701
-------------------------------------------------------------
975.00 980.06 2.13 6.68 6.68 C 951
----------------------------------------------------------------------------
GD-11-
11 904 658.48 663.17 2.72 3.44 3.44 C 613
-------------------------------------------------------------
843.06 846.40 2.00 3.39 3.39 E1E 775
----------------------------------------------------------------------------
GD-11-
12 1,063 819.00 828.00 3.67 13.23 13.23STH(3) 803
-------------------------------------------------------------
910.94 927.00 6.58 27.89 22.08 G 898
----------------------------------------------------------------------------
GD-11-
12W1 1,083 714.00 718.00 2.23 3.20 3.20 G 682
-------------------------------------------------------------
905.50 912.00 3.75 16.74 7.09 D 854
----------------------------------------------------------------------------
GD-11-
14 1,083 869.43 873.37 2.00 3.66 3.66 C 834
----------------------------------------------------------------------------
GD-11-
15 1,029 764.00 767.69 2.09 3.49 3.49 G 716
-------------------------------------------------------------
830.00 842.70 7.24 15.10 12.28 C 779
----------------------------------------------------------------------------
GD-11-
15W1 968 744.00 752.80 5.88 41.33 27.26 C 679
-------------------------------------------------------------
858.80 863.70 3.38 3.81 3.81 D 772
----------------------------------------------------------------------------
GD-11-
17 900 652.39 657.30 2.60 28.39 11.65 C 617
----------------------------------------------------------------------------
GD-11-
18 966 854.45 858.25 2.05 20.22 20.22 D 802
-------------------------------------------------------------
932.37 939.82 4.08 126.66 16.42 E1E 874
----------------------------------------------------------------------------
1. Please see the Regulation 43-101 at the end of this release for full
analysis details.
2. High values are cut at 75 g/t.
3. STH is just south of the G Zone.
Chart 1: Longitudinal Section - Island Gold Mine: 2011 exploration results to date: http://media3.marketwire.com/docs/Richmont_ENG_0210.pdf
Additional details about the Island Gold Mine Property
The 84.4 km2 (8,444 hectare) Island Gold property is located 83 km northeast of Wawa, Ontario. Ore from the Island Gold Mine is processed at the on-site Kremzar Mill, an 850 tonne per day rated CIP mill. Since Island Gold began commercial production in October 2007, Richmont has produced more than 175,000 ounces of gold from this mine. Underground operations are accessed via a ramp, and the mine's infrastructure currently goes down to a vertical depth of approximately 400 metres.
About Richmont Mines Inc.
Richmont has produced over 1,200,000 ounces of gold from its operations in Quebec, Ontario and Newfoundland since beginning production in 1991. The Corporation currently produces gold from its Island Gold and Beaufor mines, and is currently advancing its Francoeur Mine to commercial production, which will increase Richmont's production to approximately 100,000 ounces of gold on an annual basis. With extensive experience in gold exploration, development and mining, the Corporation is well positioned to cost-effectively build its Canadian reserve base through a combination of organic growth, strategic acquisitions and partnerships. Richmont routinely posts news and other important information on its website (www.richmont-mines.com).
Forward-Looking Statements
This news release contains forward-looking statements that include risks and uncertainties. When used in this news release, the words "estimate", "project", "anticipate", "expect", "intend", "believe", "hope", "may" and similar expressions, as well as "will", "shall" and other indications of future tense, are intended to identify forward-looking statements. The forward-looking statements are based on current expectations and apply only as of the date on which they were made.
The factors that could cause actual results to differ materially from those indicated in such forward-looking statements include changes in the prevailing price of gold, the Canadian-United States exchange rate, grade of ore mined and unforeseen difficulties in mining operations that could affect revenue and production costs. Other factors such as uncertainties regarding government regulations could also affect the results. Other risks may be set out in Richmont Mines' Annual Information Form, Annual Reports and periodic reports.
Cautionary note to US investors concerning resource estimates
Information in this press release is intended to comply with the requirements of the Toronto Stock Exchange and applicable Canadian securities legislation, which differ in certain respects with the rules and regulations promulgated under the United States Securities Exchange Act of 1934, as amended ("Exchange Act"), as promulgated by the SEC. The reserve and resource estimates in this press release were prepared in accordance with Regulation 43-101 adopted by the Canadian Securities Administrators. The requirements of Regulation 43-101 differ significantly from the requirements of the United States Securities and Exchange Commission (the "SEC").
U.S. Investors are urged to consider the disclosure in our annual report on Form 20-F, File No. 001-14598, as filed with the SEC under the Exchange Act, which may be obtained from us (without cost) or from the SEC's web site: http://sec.gov/edgar.shtml.
Regulation 43-101
The exploration program was conducted by qualified persons as defined by Regulation 43-101. Specifically, the program was overseen by Mr. Daniel Adam, Geo., Ph.D., General Manager, Exploration and Sustainable Development, a qualified person as defined by Regulation 43-101, and an employee of Richmont Mines Inc. The analyses were conducted at the Swastika Laboratories Ltd. in Swastika, Ontario, by means of fire assay fusion with atomic absorption (AA) and gravimetric finish.
Visit our Facebook page: http://www.facebook.com/pages/Richmont-Mines-Inc/209124819124919?sk=app_154272794636138
Contacts: Investor Relations: Jennifer Aitken Richmont Mines Inc. 514 397-1410 jaitken@richmont-mines.com www.richmont-mines.com
Source: Richmont Mines Inc.
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