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Page 43 - ஒன்றுபட்டது மாநிலங்களில் டாலர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Acquisition of Atomic Oil & Gas LLC, 16 Dec 2020 01:00

·    Two operated oil fields in Wyoming, USA at start of their 40+ year life ·    ROI over 50% with $2.18/bbl acquisition cost vs a value of $7.52/bbl at NPV (10%)   Calgary, Canada; London, United Kingdom; December 16, 2020 - Canadian Overseas Petroleum Limited ( COPL or the Company ) (XOP: CSE) & (COPL: LSE), an international oil and gas exploration and development company, today announces that it has agreed to acquire Atomic Oil & Gas LLC ( Atomic ) for a consideration of US$54 million consisting of assumed debt, cash and shares. This strategic acquisition would represent a step change in the capacity and revenue generating opportunities open to the Company. COPL expects to complete the acquisition by January 31, 2021, with a long stop date in the agreement of 90 days from execution. The effective date of the transaction is December 1, 2020.

Several US government agencies hacked by suspected Russian hackers

Several US government agencies hacked by suspected Russian hackers A large number of US government agencies have been targeted in one of the largest ever cyber attacks against the United States government. Akarsh Verma | December 16, 2020 | Updated 09:20 IST Highlights Several US government agencies including the US treasury has been targeted in a highly sophisticated cyber-attack. The Russian government has completely denied their involvement in the hack, terming the allegations as “baseless”. Hackers were able to gain access to US government agencies computers through a remote diagnosis software called SolarWinds Orion. The US Treasury which is responsible for engraving and printing United States Dollars (USD) has been targeted by suspected Russian hackers along with departments of Homeland Security, State, Defence, and Commerce.

Commodities Exchange Pilot Programme in Progress

Commodities Exchange Pilot Programme in Progress December 11, 2020 Pilot programme and awareness campaigns for the soon coming commodities exchange are already underway as efforts to intensify its operations by March 2021. In his 2021 National Budget, Finance and Economic Development Minister Professor Mthuli Ncube indicated the exchange will be launched in March next year, to address agriculture marketing problems, which undermine market access and financial viability of farmers. The initiative is being spearheaded under Pillar Six of the National Agriculture Policy Financing (NAPF): Agriculture Finance and Credit. The Pillar Six is a Public Private Partnership (PPP) financing model, which is seen as a conducive financing model for development projects in developing countries. The Pillar Six membership is made up of Ministry of Lands, Agriculture, Water & Rural Resettlement, Ministry of Finance and Economic Development, the Reserve Bank of Zimbabwe; Food and Agricultural Orga

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