The China Mail - Economy

Oil Production Update

Gas to power operations enable increased oil production at Pathfinder #2 well:20 BOPD and 280 mcf/day of gas over first 7 daysTakes total field production to ~50 BOPD with further upside anticipatedAmerigo Vespucci well flowing gas to generators, enabling reservoir equalisation:First ever oil production expected this week when well goes on pumpPathfinder #1 well to be completed for oil and gas production in coming weeks:Greenhorn formation fracked and tested previously which flowed 75 barrels of oil and no water during 4-day flowback testingAdditional gas from Pathfinder #1 to be tied in for additional gas to power generationWell to be fitted with production string and pump jack in coming weeksThe Pathfinder Field delivers multiple stacked producible pay zones:Pathfinder #1 intersects the Pierre, Niobrara the Greenhorn reservoirs (see Image 2 below)Increased Proven Developed Producing and Probable Reserves expectedBitcoin mining operations powered by AXP's gas-to-power infrastructure under the Joint Development Agreement (‘JDA') with US-based Blackhart Technologies Limited (‘Blackhart') are meeting expectations with pleasing uptime and reliability achieved in the first full week of operations. These are critical benchmarks for planned scale-up.

Southern ITS International, Inc., DBA CorpHQ; Acquires Last Mile Production, LLC and Last Mile Capital Partners, LLC

SCOTTSDALE, AZ / ACCESS Newswire / February 13, 2025 / Southern ITS International, Inc. (OTC Pink:SITS), a diversified holding company operating through its subsidiary companies across multiple sectors, is proud to announce the acquisition of a majority of the issued and outstanding stock in Last Mile Production and Last Mile Capital Partners, based in Southlake, Texas.

Forum Ventures Acquires Vanse AI to Transform Venture Capital With AI-Powered Automation

Acquisition positions the firm at the forefront of AI-driven VC, enhancing startup sourcing, due diligence, and investment speed.

Clear Start Tax Leverages a Powerful IRS Tax Relief Solution to Cut $10,000 in Debt to Just $100

Learn How Clear Start Tax Secures Life-Changing Tax Debt Settlement for Client

Sadot Group Inc. Announces Appointment of Ms. Catia Jorge as New Chief Executive Officer

BURLESON, TEXAS / ACCESS Newswire / February 13, 2025 / Sadot Group Inc. (Nasdaq:SDOT) ("Sadot Group" or the "Company") today announced the appointment of Ms. Catia Jorge as its new Chief Executive Officer, effective immediately. Ms. Jorge, a seasoned leader in the global agri-commodity sector, joins Sadot Group at a pivotal time, as the Company transitions to focusing on expanding its platform globally. Ms. Jorge will report to the Board of Directors and lead Sadot's strategic initiatives, global operations, and business growth efforts to maximize the Company's long-term potential.

Rare DOT-COM Domains Available for Acquisition Ahead of Auction - Sweetheart Deal

CHARLOTTE, NC / ACCESS Newswire / February 13, 2025 / In a digital landscape where premium domain names are increasingly rare and valuable, three extraordinary DOT-COM assets-LifeChanges.com, CompleteChanges.com, and LifeCapsule.com-are now available for acquisition ahead of auction.

US stocks mostly lower on inflation, euro gains on Ukraine peace hopes

Wall Street stocks mostly fell Wednesday after US inflation data exceeded expectations, while the euro strengthened on signs Russia and Ukraine could be closer to a peace agreement.

Trump blames Biden for unexpected uptick in US inflation

US President Donald Trump on Wednesday blamed his predecessor Joe Biden for last month's unexpected acceleration in consumer inflation, as he looked to deflect a moment of potential political peril early in his second term.

Chevron to cut 15-20% of workforce by end of 2026: company

Chevron will cut 15 to 20 percent of its workforce as part of a reorganization to save money and to position the oil giant for the long-term, the company said Wednesday.

Canadian steel firms face turmoil after US 'stab in the back'

When Shale Tobe heard President Donald Trump planned to impose tariffs on Canadian steel, a product that has supported his family for decades, he was in New York on holiday, "spending money down in the US."

US trade deficits at core of Trump tariff moves

Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump's economic policy.

Hit by Trump, Canada and EU seek comfort in numbers

Buffeted by tariffs and threats from Washington, the European Union and Canada hailed their "friendship" and discussed drawing closer together Wednesday, in the latest sign of a Brussels push to diversify trade away from the United States.

US consumer inflation unexpectedly up, Trump blames Biden

US consumer inflation unexpectedly accelerated last month, data showed Wednesday, in a moment of potential political peril for President Donald Trump, who quickly blamed the uptick on his predecessor Joe Biden.

US stocks fall as inflation unexpectedly heats up

US stock markets tumbled on Wednesday as an inflation reading came in hotter than expected, fanning fears that the Federal Reserve will keep interest rates higher for longer.

Bankrupt ex-Turkey operator of KFC, Pizza Hut says wages to be paid

The former operator of the KFC and Pizza Hut franchises in Turkey on Wednesday promised to pay the outstanding salaries of its 7,000 staff just days after filing for bankruptcy.

Stock markets gain before US inflation data

Asian stock markets rose and there were fresh record highs for leading European indices Wednesday as attention turned to upcoming US inflation data.

'I will fight': Khelif responds to boxing organisation lawsuit

Algerian gold winning boxer Imane Khelif has denounced "false and offensive" allegations after the International Boxing Association (IBA) said it will sue the International Olympic Committee over her and another female athlete's inclusion at the games' women's boxing last year.

Two astronauts stranded on space station to touch down early

Two American astronauts who have been trapped on the International Space Station since June could return to Earth earlier in March than expected, NASA said Tuesday.

Heineken shares pop on bubbly beer sales

Shares in Dutch brewer Heineken fizzed at the market open on Wednesday, as traders cheered better-than-expected beer sales despite a slight dip in overall turnover.

Flattery and pragmatism: UK plan to stay on Trump's good side

With its flattering rhetoric, leniency in responding to US trade threats and alignment with Washington this week at a summit on artificial intelligence, the United Kingdom has signalled a willingness to take President Donald Trump's side over Europe.

'What would you have us do?': the plastic credits problem

Twice a day, sirens sound at Cambodia's Chip Mong Insee cement kiln, warning limestone will soon be blasted from the karst mountain that overlooks the sprawling industrial site.

Asian stocks rise as Powell rate warning taken in stride

Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell that the US central bank "did not need to be in a hurry" to cut interest rates again.

What are reciprocal tariffs and who might be affected?

US President Donald Trump has threatened to open new fronts in his tariffs war by announcing reciprocal levies on other countries as soon as Tuesday, branding this "the only fair way" to trade.

Gladstone Investment Corporation Reports Financial Results for its Third Quarter Ended December 31, 2024

MCLEAN, VA / ACCESS Newswire / February 12, 2025 / Gladstone Investment Corporation (Nasdaq:GAIN) (the "Company") today announced earnings for its third fiscal quarter ended December 31, 2024. Please read the Company's Quarterly Report on Form 10-Q, filed today with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website at www.sec.gov or the investors section of the Company's website at www.gladstoneinvestment.com.

Shark Tank's Barbara Corcoran Keynote Speaker at Highly Anticipated Epique Realty Shareholders Summit

Inspire, Elevate, and Shape the Future of Real Estate and the Future is EPIQUE

Clear Start Tax Alerts Self-Employed Individuals to Beware of False 'Self-Employment Tax Credit' Claims

Tax Experts Warn Against Misleading Information That Could Lead to IRS Audits and Penalties

Annual Cresa Boston Market Report Highlights Class A Downtown Demand and Industrial Optimism

Cambridge, Suburbs Run Cool while Life Sciences Inventory Stays High

Inspire Veterinary Partners Issues Corporate Update Letter to Shareholders

VIRGINIA BEACH, VA / ACCESS Newswire / February 12, 2025 / Inspire Veterinary Partners, Inc. (Nasdaq:IVP) ("Inspire" or the "Company"), an owner and provider of pet health care services throughout the U.S.,today issued a letter to stockholders from Kimball Carr, the Chief Executive Officer of Inspire.

Made in America, Built for the World: QS Energy Moves Closer to Global Commercialization with AOT Technology

Breakthrough Viscosity-Reduction Technology Positions Company for Large-Scale Commercialization

Clear Start Tax Helps Client Settle $10,000 IRS Debt for Just $100 With This Effective Approach

See How Expert Tax Resolution Transforms Financial Burdens into Life-Changing Relief

EdgeCore Digital Infrastructure Implements Strategic Personnel Expansions to Dynamically Address Data Center Industry Growth

Requirements of AI and Cloud Innovation Spur Proactive Changes in Operations, Strategy and Government Relations Divisions

Scepter to acquire Matchpoint, LLC. An NIL Compliance and Marketing Platform

Scepter Holdings, Inc. (OTC:BRZL) Signs Definitive Agreement to Acquire Matchpoint Connection, LLC.

The China Mail - Economy (English)

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