Stripper wells key to energy supply in Texas
Battlecat Oil and Gas revives a Walker 33 well near Vincent Texas, showing how low-volume stripper wells contribute about 845000 barrels of crude daily nationwide. Owner Mark Semmelbeck, with 15 years industry experience, invested 45000 for a broken pump and faced 25000 in hidden costs as the well slowly produced 15 barrels of oil and 35000 cubic feet of gas daily, bolstering domestic output amid rising stripper activity.
MENTIONED IN THIS ARTICLE
Vincent
Fred Lawrence
Independent Petroleum Association of America
Washington
Battlecat
West Texas
Mark Semmelbeck
Walker
Semmelbeck
Schlumberger Inc
Enron Oil and Gas
Battlecat Operating Company
Midland
Big Spring
Howard County
Texas
Small business owners fight downturn with decisive changes
In a tight economy, owners and advisers urge charting every aspect of a business to cut costs and boost efficiency. Computer Professionals in New York revived profits by refocusing on security and retraining staff, while The Code Factory strengthens alliances to avoid revenue slumps.
MENTIONED IN THIS ARTICLE
New York
Debra Koontz Traverso
Traverso
George Kloves
San Francisco
SCORE
Kloves
Brian Okun
Okun
Code Factory
Sean Sullivan
Sullivan
Las Cruces
New Mexico Department of Agriculture
NMDA
New Mexico
Frank A. DuBois
Cooperative Extension Service
New Mexico State University
Lucent Technologies Inc
U.S
MONY executive earns President's Council Conference honor
Roswell resident Marlin Wells with MONY Life Insurance in Roswell is named among top financial pros at MONY's annual President's Council Conference held at Mandalay Bay Las Vegas. The event recognizes outstanding production and client service. Wells serves individuals families and business owners with financial protection and asset accumulation products.
MENTIONED IN THIS ARTICLE
Roswell
MONY
Marlin Wells
Mony Life Insurance Company
Mandalay Bay
Las Vegas
Wells
Nashville Hearing Sought In Bridgestone Ford Lawsuits
A Nashville lawyer urged a state judge to keep 23 lawsuits against Bridgestone/Firestone and Ford Motor Co. in Tennessee, arguing headquarters here and US accidents. Separately, a Texas jury probes a $1 billion rollover linked to a Mexico crash, while unemployment benefits reach a nine year peak and Lucent imposes 2200 pink slips.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
Nashville
Mexico
Bridgestone
Firestone
Ford Motor Co
Richard Denney
Bridgestone/Firestone
Ford
Ford Explorers
United States
Davidson County
Thomas Brothers
McAllen
Texas
South Texas
Dollars & Sense ABCs of bond investing
A concise guide explains bonds as IOUs from issuers, detailing how prices move with interest rates, the importance of maturity and credit quality, and laddering as a risk management strategy. Includes cautions about market fluctuation and holding to maturity.
Wet Seal Flirts With a Turnaround But Faces Short Term Slump
Wet Seal Inc shows a strong rebound in earnings and a 27 percent stock drop after June sales undershot expectations. Despite a market beat on 12 month returns and a $323 million valuation, analysts are cautious about near term prospects as slow clothing demand weighs on the teen retailer. The firm, owner of Contempo Casuals Arden B and Zutopia, operates 563 stores and holds $116.7 million cash with no long term debt.
MENTIONED IN THIS ARTICLE
Foothill Ranch
Calif
Wet Seal Inc
Wet Seal
Bikini
Newport Beach
Arden B
Washington, D.C
Puerto Rico
Walter Parks
Sree
Parks
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Lion Technology Inc
Lafayette
N.J
Labor Department
Abcs
Johon L. McCuttLousa
Morgan Stanley
Costa Mesa