Clayton Williams Energy, Inc. (NASDAQ:CWEI) today reported that it had entered into a binding agreement to sell two 2,000 horsepower drilling rigs and related components for total cash consideration of $22 million. The Company's carrying value for these rigs is approximately $16.1 million. The Company expects to record a gain of approximately $5.6 million, net of applicable transaction costs,
MIDLAND, Texas----Clayton Williams Energy, Inc. today reported that it had entered into a binding agreement to sell two 2,000 horsepower drilling rigs and related components for total cash consideration of $22 million.
Good things come in threes. The three wise men, Charlie's Angels and either Star Wars trilogy. But at Ford Motor Co., the 2009 Escape, which comes in three trim levels and three different powertrains, has been treated like The Good, The Bad and The Ugly. Forget that the Escape outsells the Mustang. In fact, this trio makes up the third best-selling vehicle in Ford's lineup. But it couldn't buy a
The Lake Hopatcong Commission tonight will discuss the direction it plans to take regarding user fees to boat on the state's largest lake -- money that would help fund the cash-strapped commission that cleans and maintains the lake.
It is arguably the world's toughest and most famous truck and now it is on its way to Donaldsonville. BIGFOOT, the legendary perennial champion of monster truck racing will be at Castagnos Auto Service Inc. May 28-29 as part of a national tour sponsored by Firestone.
LAKESHORE -- A young girl and her mother are dead after search crews found them floating in the middle of St. Clair Lake early Monday, with no boat in sight.
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