Into shore, its enough to continue to cause some flooding. Here is our forecast model. As we eventually make our way off the coast, it begins to break up and fall apart which is some good news. Currently this system moving in at about 3 miles per hour, its going to stay very slow overnight. It is not going to see until tomorrow until we see this thing pick up and move out of the are area. Shannon we know you guys are all around us. Still pretty windy on the carolina coast as adam was pointing out. Lets check in now with our Senior Correspondent steve harrigan, he is in north beach and will check in on his condition hello. The rain is falling and coming down steadily, its been falling for more than 30 hours. If more than 20 inches of rain has fallen but the heavy winds from that storm have gone away. Hopefully gone for good. Along the coastline, we saw
has been made of the fact that its going to be flooding. The surges, are going to be the real problem and thats going to continue throug
When Rachael Isphording was 12 years old, Hurricane Ivan passed through her Alabama hometown, along with countless others along the south-eastern coast of the
Terminix Global Holdings, Inc. (NYSE:NYSE:TMX) Q1 2022 Earnings Conference Call May 05, 2022, 04:30 PM ET Company Participants Jesse Jenkins - VP, IR, FP&A & Treasurer Brett Ponton.
W&T Offshore announces enhancement to capital structure
HOUSTON â W&T Offshore Inc. announced that it has enhanced its capital structure by entering into a transaction with its wholly-owned special purpose vehicles and Munich Re Reserve Risk Financing Inc.
The company transferred 100% of its Mobile Bay Area producing assets and related gas treatment facilities to the SPVs in return for the net cash proceeds from a $215 million first-lien non-recourse term loan to the SPVs provided by MRRF. Through its 100% ownership in the SPVs, W&T retains the upside value in the Mobile Bay Assets.
A portion of the proceeds to the company from the transaction were used to repay the $48 million outstanding balance on its reserve-based lending facility and to enter into commodity hedging contracts related to the anticipated future production of the Mobile Bay Assets.