Cavalier to chase work on larger projects through acquisition

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Cavalier to chase work on larger projects through acquisition

Windsor, Ontario-based Cavalier Tool & Manufacturing Ltd. has purchased Mold Services International Inc. (MSI) of nearby Oldcastle, Ontario, to increase its production capacity and technology to go after bigger projects. Founded in 1997, MSI manufactures injection and compression molds at a 22,000-square-foot facility for the automotive and other markets. Cavalier officials said the MSI plant

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Oil Billionaire Takes Active Stake in Hard-hit ProPetro

Prominent shale investor Dan Wilks on Jan. 19 reported a 7.5% active stake in troubled oilfield services firm ProPetro Holding Corp. through an investment vehicle, saying he may choose to push the company for a sale or other alternatives. Dan Wilks and his brother Farris Wilks made their fortune on the shale boom through a

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Hot topics at virtual CES: AVs, air taxis and drones

CES came without many of the bells and whistles and celebrity appearances, and none of the in-person experiences that typically make the show both overwhelming and great. Though far less groundbreaking than a traditional CES, the all-digital show did feature a decent lineup of discussions on electrification, automated vehicles, the many opportunities of air mobility

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Marketed: Unit Petroleum Operated Kansas Properties

The following information is provided by BOK Financial Securities Inc. All inquiries on the following listings should be directed to BOK Financial Securities. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions. Unit Petroleum Co. is offering for sale producing operated properties and associated water and gathering lines in central Kansas. The company

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For plastics, 2021 offers opportunities for the bold and the smart

After adjusting for inflation, U.S. gross domestic product will expand 4-5 percent in 2021. This pace is substantially faster than the long-term average. Therefore, it will not be sustainable for more than a year or two at most. This expansion in the overall economy will generate a corresponding increase in the demand for plastics products.

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Judge Tosses Chester DA Charges Against ME2 Security Worker

Last August we told you about the politically-motivated prosecution (by the Chester County, PA District Attorney’s office) of two men connected to a security firm providing off-duty constables to protect Mariner East 2 (ME2) pipeline construction sites (see Chester DA Persecution of Off-Duty Constables Guarding ME2 Pipe). A Chester County judge has just completely tossed the

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List of 27 Shale Wastewater Recycling Facilities in 11 PA Counties

Every now and again we happen across information we think is kind of cool–things that others miss. This is one of those times. In many areas of shale drilling in Pennsylvania the drillers recycle 100% (or near 100%) of shale wastewater, both flowback (from fracking) and brine (naturally-occurring water from the depths comes out long

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EQT Asks 2 WV Judges be Removed from Royalty Cases re Conflicts

EQT Corporation, the largest natural gas producer in the United States, is asking West Virginia officials to remove two judges from hearing cases brought by landowners against the EQT relating to royalty disputes for alleged improper deductions. EQT wants Judges Timothy Sweeney and David W. Hummel Jr. to be disqualified from at least three cases

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Gov. Wolf Refuses to Block Plum, PA Wastewater Injection Well

Like 99% of Hail Mary passes, the effort by environmental radicals in southwestern PA to block a forthcoming shale wastewater injection well has failed. As we told you last week, a group of antis, in a desperate final attempt to block an injection well in Plum (Allegheny County), PA, threw a Hail Mary pass by

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OH AG Asks Judge to Block FirstEnergy Nuke Bailout Rate Increases

Ohio Attorney General Dave Yost continues to hammer FirstEnergy Corporation. In November Yost filed a lawsuit to block the collection of $150 million provided for under House Bill (HB) 6, aimed at propping up FirstEnergy’s unprofitable nuclear power plants in the state (see OH AG Files 2nd Lawsuit to Block FirstEnergy $150M Nuke Payments). Yost

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Permian Gas Production that Competes with M-U Comes Roaring Back

Although we consider the Haynesville Shale play to be the chief competitor to the Marcellus/Utica (because the Haynesville is also a gas play and currently operates more rigs that we do here in the M-U), the Permian is another major competitor. After the M-U, the Permian produces more natural gas (associated gas) than any other

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DOE Report: Biden Frack Ban Will Destroy the Economy

Last week the Trump Dept. of Energy (DOE) released a new report titled “Economic and National Security Impacts under a Hydraulic Fracturing Ban” (full copy below). The report shows that a ban on hydraulic fracturing would spike greenhouse gas emissions, boost coal generation, and reverse America’s energy exporter status. A full-on fracking ban would result

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Other Stories of Interest: Mon, Jan 19, 2021

MARCELLUS/UTICA REGION: Utica Shale Academy receives new industrial maintenance equipment; OTHER U.S. REGIONS: California blackouts said caused by poor planning, under-used natural gas supply; NATIONAL: U.S. shale producers lock in future sales as oil prices rise to one-year high; Keystone XL commits to become first pipeline to be fully powered by renewable energy; Keystone pipeline:

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Arburg boosts electric machine business with AMK acquisition

Lossburg, Germany-based Arburg GmbH has purchased its development partner of more than 20 years, AMK Arnold Müller GmbH & Co. KG, as part of a strategic investment to strengthen its expertise and electric drives portfolio. The acquired company, which was one of two divisions of AMK Group, based in Kirchenheim under Teck, Germany, has a

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Let’s get social

Social media is many things. On a personal level, it’s a way to keep in touch with family or a way to decide which family members to avoid. From a business perspective, it’s a great way to create a community for your workers, to share your company’s story with the general public or even recruit

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