Beam Communications Holdings Ltd
ASX:BCC ISIN:AU000000BCC3
Limited Beam Communications Holdings Limited (formerly World Reach Limited) is an Australian publicly-listed company that specialises in the design, development, manufacture and distribution of satellite, cellular and dual-mode equipment, applications and services. Its products and services are adopted by some of the world's largest satellite and telecommunications companies, such as Iridium, Telstra, KDDI, Inmarsat & Thuraya, to fill the global needs of Information Communication & Technology markets. Beam Communications Holdings Limited owns 100% of Beam Communications Pty Ltd and SatPhone Shop Pty Ltd www.satphoneshop.com. For more information, visit www.beamcommunications.com.
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News
Buccaneer Energy Limited (ASX:BCC) is pleased to provide a quarterly activities and cashflow report for the period ended 31 December 2011.
Buccaneer Energy Limited (ASX:BCC) is pleased to advise that production from its Kenai Loop # 1 well commenced on 14 January 2012 (US time).
Buccaneer Energy Limited (ASX:BCC) is pleased to advise that the Company's 50 per cent owned subsidiary Kenai Offshore Ventures, LLC has executed a Repair Contract with Keppel FELS Shipyard in Singapore for the repair and modification of the jack-up rig, Endeavour.
Buccaneer Energy Limited (ASX:BCC) is pleased to advise that the Alaskan Department of Revenue has approved the Company's first rebate under the Alaskan Clear and Equitable Share incentive program.
Buccaneer Energy Limited (ASX:BCC) is pleased to advise that it has executed a gas sales contract with ConocoPhillips (NYSE:COP), to supply natural gas to ConocoPhillips' LNG facility located on the Kenai Peninsula approximately 10 miles north-west of Buccaneer's 100% owned Kenai Loop project.
Buccaneer Energy Limited (ASX:BCC) is pleased to advise that construction and pressure testing of the pipeline connecting the Kenai Loop #1 well to the local gas pipeline has been completed.
Buccaneer Energy Limited (ASX:BCC) is pleased to advise that its wholly owned subsidiary Buccaneer Alaska, LLC ("Buccaneer" or "the Company") has executed a US$50.0 million senior asset backed revolving credit facility with Centaurus Capital LP, a Houston-based investment fund.
Buccaneer Energy Limited (ASX:BCC) is pleased to advise that the Company's 50% owned subsidiary Kenai Offshore Ventures, LLC ("KOV") has overnight in London completed the acquisition of the GSF Adriatic XI offshore jack-up rig ("Rig") from Transocean Offshore Resources Limited ("Transocean"), a subsidiary of Switzerland-based Transocean Limited.
Buccaneer Energy Limited (ASX:BCC) is pleased to provide an operational update on jack-up rig acquisition and Kenai Loop pipeline Construction.
Buccaneer Energy Limited (ASX:BCC) reports the following in respect to the Kenai Loop project.
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