Atlantic Petroleum completes Orlando field sale

first_imgFaroese oil and gas company Atlantic Petroleum has completed the sale and purchase agreement with Decipher Energy for its 25 percent interest in the Orlando field in the UK North Sea.Atlantic said on Monday that the consideration is a two percent revenue share of the total Orlando production revenue until the field has produced five million barrels of oil.After that, the revenue share to Atlantic Petroleum increases to 4.35 percent of the total Orlando field revenue. Also, $1 million of the initial two percent revenue has been prepaid to Atlantic Petroleum.The company added that it would not be participating in or funding the development of Orlando, and the only involvement for the company would be receiving its share of the sale proceeds when the field starts production.Ben Arabo, CEO of Atlantic Petroleum, said: “We are very pleased to complete the agreement with Decipher Energy and we look forward to the field commencing production. There is significant upside to Atlantic Petroleum from the Orlando sales proceeds if the field performs as expected or better.”The two companies agreed to the 25 percent interest sale back in mid-March. This was the second time the Orlando development had been put up for sale. Atlantic had agreed to sell its interest for the first time last year but the buyer, Bridge Petroleum, backed out of the deal.According to the most recent Competent Persons’ Report prepared for Atlantic by Gaffney Cline and Associates announced in March 2015, Orlando holds between 8.5 and 15.3 million barrels of recoverable reserves. Initial production rates on Orlando are expected to be in excess of 10.000 barrels per day.Decipher Energy is now a sole owner of the Orlando field, as it in April 2017 completed the acquisition of Iona Energy Company (UK), which held a 75% interest in both Orlando and Kells fields.Offshore Energy Today Stafflast_img read more

Marijuana blunts boys’ marriage prospects – study

first_imgNewsHub 9 November 2017Family First Comment: No surprises. It’s called dope for a reason.“Chronic marijuana use in adolescence was negatively associated with achieving important developmental milestones in young adulthood.”Teenage boys who smoke a lot of weed might have trouble finding a wife, new research has found.Researchers in the US tracking more than 1000 young adults over two decades found men who habitually used alcohol or marijuana in their teens were less likely to get married.They were also less likely to go to university or have a full-time job, says study author Elizabeth Harari of the University of Connecticut.“Chronic marijuana use in adolescence was negatively associated with achieving important developmental milestones in young adulthood.”Marijuana and alcohol use by young women on the other hand had no effect on their marriage or employment status, but did make them less likely to go to college or earn high wages.“Awareness of marijuana’s potentially deleterious effects will be important,” says Dr Harari, with a growing trend towards decriminalisation and legalisation across the US and the world.READ MORE: read more

Man Utd to go all out for Sancho, despite interest in Chelsea rebel

first_img Promoted Content7 Ways To Understand Your Girlfriend BetterThe Funniest Prankster Grandma And Her Grandson7 Ways To Understand Your Girlfriend Better11 Greatest Special Effects Movies Of All TimeWhich Country Is The Most Romantic In The World?The Models Of Paintings Whom The Artists Were Madly In Love WithTop 7 Best Car Manufacturers Of All TimeTop 10 Most Romantic Nations In The WorldWho Earns More Than Ronaldo?Birds Enjoy Living In A Gallery Space Created For Them8 Amazing Facts About Ancient EgyptTime Playing Video Games Can Have A Detrimental Effect On You The Evening Standard claim the England attacker is the priority for Solskjaer this summer as he looks for the missing links that will turn United into title contenders. “We know we lack one, two, three players to be considered a title contender and some experience. We know that,” said the Norwegian after Sunday’s impressive 2-0 win over Man City at Old Trafford. United chief Ed Woodward has vowed to continue reviving the club’s fortunes in the summer with the “same planned, disciplined approach” to transfers. “This season is one of rebuild, with many changes to the squad – in terms of players who have left or gone out on loan; new players who we have brought into the club; and academy graduates that we have brought through to the first team. “This process will continue as we implement our plan and our footballing vision under Ole and his coaching staff,” said Woodward last month. And 19-year-old Sancho has risen to the top of United’s wanted list after an impressive 18 months in the Bundesliga. The former Man City attacker has hit 17 goals and grabbed 19 assists this term, on the back of 13 goals and 19 assists last season. United though are also believed to have an interest in Chelsea winger Willian. The Brazilian was a target for United under Jose Mourinho, and he remains on United’s list of targets with Le 10 Sport reporting United are one of three clubs serious about the 31-year-old. Willian, who scored in Chelsea’s 4-0 demolition of Everton on Sunday, remains a favourite of Frank Lampard’s but his future looks in doubt with his contract expiring in the summer. Only last month Willian revealed Chelsea had offered him another two-year contract, but the winger was holding out for three years. “Chelsea offered me two years, and they are not going to change what they offered,” Willian told Esporte Interativo after Chelsea’s defeat by Bayern Munich on Tuesday. “I said I wanted three more years. The situation is difficult because of this, I really don’t know if it will be possible. Lampard has since admitted that the timing wasn’t “ideal” on Willian’s interview about his contract situation and suggested their could still be common ground sought between the parties. Read Also:Martial shows off gruesome injury after Man Utd goal in Derby win But, the French publication report that PSG are the main contenders for Willian’s signature with United and Arsenal also interested in a deal. FacebookTwitterWhatsAppEmail分享 Borussia Dortmund ace Jadon Sancho reportedly remains Manchester United’s top summer target, despite talk linking Willian to the club. Loading… last_img read more

Farm Bill meeting set for Jan. 8 in Batesville

first_imgBATESVILLE, Ind. – A free informational meeting on the 2014 Farm Bill is scheduled to be held at the Knights of Columbus in Batesville on January 8.Purdue Extension and the Purdue Center for Commercial Agriculture have partnered with the USDA Farm Service Agency to hold several meetings across the state.Discussion will focus on Agricultural Risk Coverage and Price Loss Coverage programs authorized by the Farm Bill. Crop producers must select one of the new programs, which will replace the direct program payments of previous years.To register for the meeting click here.Jim, Mintert, director of Purdue’s Center for Commercial Agriculture, said the information provided in the workshops is important because producers must now choose coverage options that are much different from prior government programs.“During the workshops farmers, lenders, and landowners will learn how the new program works and also have a chance to work through some examples so they will better understand how to make program decisions that are best for their individual circumstances,” Mintert commented.last_img read more

Ripley County Basketball Hall Of Famer Randy Combs Returns To The Indians As Head Coach

first_imgRandy Combs is returning to the sidelines to lead the Milan Indian Boys’ Basketball program once again.Combs previously led the program for 14 seasons from 1995-2008 during which time the Indians claimed 4 ORVC Conference titles, 3 Sectional titles and 2 Regional Titles.  The veteran coach was named the Hoosier Basketball Coaches Association District Coach of the Year in 2000 and was inducted into the Ripley County Basketball Hall of Fame in 2014.Combs grew up in Vincennes, Indiana where he played for the Alices and was a member of the 1981 State Basketball Champions under Hall of Fame Coach Gunner Wyman.  A graduate of Wabash College, he played both football and basketball for the Little Giants before beginning his coaching career at Southmont High School.  After a five year coaching stint there he served as the Varsity Assistant at Greenfield-Central High School for Cliff Hawkins and Hall of Fame Coach Larry Angle for six seasons before becoming the Head Coach for the Indians.  Combs was a long time football assistant for the Indians before stepping aside after the 2015 season, but plans to return as well to that position this fall.Coach Combs stated “The Milan Basketball program has always been a big part of our lives.  We have stayed active in the program over the course of the last ten years by working in the feeder program.  The efforts of Coach Blankinship and his staff have made this an opportunity that was too good to pass up when it became available again.  I always envisioned getting back into head coaching when I stepped out 10 years ago so I didn’t hesitate when the opportunity presented itself.”Combs resides in Milan with his wife Lisa, and his son Cameron and daughter, Marisa.last_img read more

Spain beat Argentina to win FIBA World Cup

first_imgRelatedPosts COVID-19: Traore withdraws from Spain squad UEFA Nations League: Spain’s Gaya nets late goal to snatch draw with Germany Adama Traore tests positive for coronavirus Spain beat Argentina 95-75 to win the FIBA Basketball World Cup for the first time since 2006 on Sunday.Their victory in the final capped a stunning campaign for a squad considered among the rank outsiders when the 32-team tournament began.The Spaniards scored first and never relinquished the lead, relying on swarming interior defence and superior rebounding to snuff out the offensive threat of 2004 Olympic champions Argentina.Point guard Ricky Rubio racked up 20 points and three assists and Marc Gasol and Willy Hernangomez swatted three shots each as Spain pulled down 47 rebounds, 20 more than Argentina.For Gasol it was the crowning achievement of an incredible year that saw him win an NBA World Championship with the Toronto Raptors before leading his national team to glory.His 33 points in the semi-final victory over Australia put them in position to fight for the gold medal, but it was his defence that put them on the top step of the podium.From the opening tip, the 34-year-old dominated the driving lanes to the basket that Argentina had used to such great effect against France, forcing them into outside shots that would not fall.He was equally effective banging under the basket at the other end and he hit nine of his 12 free throws to maintain the gap between the two teams.He and Rubio were rewarded for their performances in Spain’s unbeaten run to the gold medal with a place in the tournament’s five-man All-Star team, which was announced after the final.There was to be no fairytale ending for the seemingly evergreen Argentinian Luis Scola, whose superb show against France had helped to carry his side into the final.The 39-year-old power forward, his jet-black hair now flecked with grey at the temples, was kept well-shackled throughout.And it was late in the third quarter before he notched up his first point from the free throw line.The 2019 win for Spain marks the second time they have won the tournament on Asian soil, having claimed the 2006 title by beating Greece in Saitama, Japan.Earlier in the day, Nando De Colo netted 19 points as France shot 43 per cent from behind the arc to take their second consecutive World Cup bronze medal with a 67-59 win over Australia.Reuters/NAN.Tags: ArgentinAFIBA Basketball World CupFIBA World CupSpainWilly Hernangomezlast_img read more

Manchester United wont travel to India for pre-season amid the ongoing COVID-19 crisis

first_imgManchester: English giants Manchester United have reportedly shelved their plans of playing a pre-season match in India amid the ongoing COVID-19 crisis.The Red Devils were in touch with authorities over the possibility of playing a match in Kolkata later this year.Due to the coronavirus pandemic, football across the top European leagues has been either suspended or put on hold for the time being.Slowly and steadily the football associations are trying to restart their respective seasons and targetting a finish by July. This is expected to clash with clubs’ pre-season tours as the matches are played during that small July-August window itself, before the start of next season.“Cancelling the lucrative tours will cost clubs millions in appearance fees, sponsorship and merchandising. United sources confirmed that no insurance is in place because it was still at the planning stage with contracts yet to be signed,” the Daily Mail report stated.It was earlier stated the Manchester United were planning to play a pre-season friendly against East Bengal on their tour of Asia.East Bengal, as part of their centenary year celebrations, were interested in playing an exhibition match with the 20-time Premier League champions at the Salt Lake Stadium in July.A delegation even travelled to Kolkata and visited the Salt Lake Stadium, however the Red Devils’ huge appearance fee had resulted in talks being put on hold.Not just Manchester United but cross-town rivals Manchester City have also reportedly done away with their pre-season trips of Asia and Europe. (IANS)Also Read: Former Manchester United defender Gary Neville slams Football AssociationAlso Watch: War against COVID-19: Assam Health Department signs 22 MoUs with private hospitals in Silcharlast_img read more

Update on the latest sports

first_imgUpdate on the latest sports April 11, 2020 Associated Press Share This StoryFacebookTwitteremailPrintLinkedinRedditNHL-OILERS-CAVE DIESOilers’ Colby Cave dies at 25TORONTO (AP) — Edmonton Oilers forward Colby Cave has died less than a week after being diagnosed with a brain bleed. He was 25. Gundy said Saturday it was never his intention to offend anyone, adding that his first priority is and will always be the student-athletes and doing what is best for the program and the university.VIRUS OUTBREAK-SPORTSWTA’s Rogers Cup scrubbed from scheduleUNDATED (AP) — The Rogers Cup women’s tennis tournament will not be played this year due to the COVID-19 pandemic.Tennis Canada announced Saturday that the event, scheduled for Aug. 7-16 in Montreal, is off the schedule. It says the tournament will return to Montreal in August 2021. The women’s and men’s Rogers Cup traditionally rotate between Toronto and Montreal. As of Saturday, the men’s event in Toronto in August was still on the schedule.In other news related to the coronavirus pandemic:— The Arizona Coyotes will furlough half of the organization’s employees with the NHL season on hold due to the coronavirus outbreak. The furloughs began Friday and will last through June 30. The Coyotes say all furloughed employees will continue to receive 100% of health benefits.— The Orlando Magic’s home arena will become a distribution center for medical equipment and supplies as part of the ongoing response to the coronavirus pandemic. The Amway Center will be a hub for equipment and supplies that will go to 50 hospitals in Central Florida as well as facilities in seven other states.— The American Hockey League’s Syracuse Crunch has loaned two sanitation machines to a local hospital to see if they could help clean personal protective equipment worn by hospital staff. The Crunch uses one of the machines in its locker room and the other to clean equipment but doesn’t need them right now with sports on hold because of the coronavirus pandemic. Turns out they’re a good fit at Upstate University Hospital. Woods joining Sun DevilsTEMPE, Ariz. (AP) — Portland State transfer Holland “Boo Boo” Woods is headed home, announcing on Twitter that he’s going to play for Arizona State.The 6-foot-1 guard averaged 17.7 points 5.2 assists and 2.5 as a junior last season. He earned first-team all-Big Sky honors and finished second in the conference in assists.Woods played at Glendale Apollo High School before spending the past three seasons at Portland State.He will have to sit out a season under NCAA transfer rules unless he is granted a waiver. His wife, Nancy, says Millsaps died Friday night at his home after a period of declining health.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6center_img COLLEGE FOOTBALL-OKLAHOMA STATE-GUNDYGundy apologizes for COVID-19 commentsSTILLWATER, Okla. (AP) — Oklahoma State football coach Mike Gundy has apologized for his comments this week about the COVID-19 pandemic.Gundy said during a teleconference call Tuesday that he hoped to have the team return to its facilities May 1. His proposed timetable would have defied federal social-distancing guidelines and was quickly disputed by the university.Athletic director Mike Holder also declined to back Gundy’s timeline, saying in a statement: “May 1 seems a little ambitious.” Simon Pagenaud wins IndyCar’s 1st virtual race on an ovalUNDATED (AP) — Simon Pagenaud (PA’-zheh-noh) has won IndyCar’s first virtual race on an oval, conquering a simulated Michigan International Speedway.Sage Karam dominated the race, but a spectacular crash at the start jumbled strategies and Karam pitted from the lead with 14 laps remaining. It allowed Pagenaud and Team Penske teammate Scott McLaughlin to cycle into a 1-2 finish.Dale Earnhardt Jr. was third in his IndyCar iRacing debut. He said he’d race again the next time IndyCar goes to a virtual oval. COLLEGE BASKETBALL-WOODS-ARIZONA STATE Cave was placed in a medically induced coma Tuesday at a Toronto hospital, where he was taken after being admitted to a medical facility in Barrie, Ontario, the previous day. Cave underwent emergency surgery Tuesday to remove a colloid cyst that was causing pressure on his brain.The NHL club confirmed Cave’s death with a statement from his family.Cave was acquired by the Oilers from the Bruins in January 2019. He played 44 games for Edmonton and scored once in 11 contests for the Oilers this season, spending most of his time with the team’s AHL affiliate at Bakersfield.NHL Commissioner Gary Bettman said of Cave: “Undrafted but undaunted, Colby was relentless in the pursuit of his hockey dream.”INDYCAR-VIRTUAL RACING FIFA INVESTIGATION-BLATTERSwiss prosecutors intend to drop 1 FIFA case against BlatterGENEVA (AP) — Former FIFA (FEE’-fuh) president Sepp Blatter has won a legal victory in his nearly five-year fight against Swiss allegations of criminal mismanagement.The Swiss attorney general’s office has confirmed reports they intend to close an investigation into how Blatter and soccer governing body FIFA awarded World Cup broadcast rights in the Caribbean in 2005.The decision is the latest example in recent weeks of the Swiss FIFA cases stalling. However, the separate and cooperating American investigation sparked back into life with new indictments and fresh allegations of World Cup bid bribery. The criminal proceeding against Blatter was opened 4 ½ years ago and helped remove him from the presidential office he held for more than 17 years.OBIT-WILLIAM MILLSAPSAward-winning sportswriter William Millsaps dies at age 77RICHMOND, Va. (AP) — Award-winning sportswriter William H. “Bill” Millsaps Jr. has died at 77.Millsaps played basketball at the University of Tennessee and started his journalism career as a copy boy at the Chattanooga Times before joining the Richmond Times-Dispatch as a sportswriter in 1966. He spent nearly 40 years with the Times-Dispatch, becoming managing editor in 1992 and being elevated to vice president and executive editor two years later. He retired as a full-time writer in 2005 and was the 2011 recipient of the Red Smith Award, presented by The Associated Press Sports Editors for contributions to sports journalism. WOMEN’S COLLEGE BASKETBALL-MISSISSIPPI STATE-MCCRAY-PENSONMississippi State hires Nikki McCray-Penson as women’s coachSTARKVILLE, Miss. (AP) — Mississippi State has hired Women’s Basketball Hall of Famer Nikki McCray-Penson to replace Vic Schafer as the Bulldogs’ head coach.McCray-Penson was 53-40 the past three years at Old Dominion. The Lady Monarchs posted consecutive 20-win campaigns under McCray, including a 24-6 mark this season. She was named the Conference USA coach of the year this year after going 14-4 versus league opponents.Schaefer left MSU for Texas after going 221-62. The ninth-ranked Bulldogs finished 27-6 this past season, which ended abruptly because of the coronavirus pandemic.last_img read more

Trump  to award Tiger Woods the Presidential Medal of Freedom

first_imgWASHINGTON (Reuters) – U.S. President Donald Trump on Monday said he would award Tiger Woods the Presidential Medal of Freedom after the golfer won the Masters for the fifth time on Sunday.“Spoke to @TigerWoods to congratulate him on the great victory he had in yesterday’s @TheMasters, & to inform him that because of his incredible Success & Comeback in Sports (Golf) and, more importantly, LIFE, I will be presenting him with the PRESIDENTIAL MEDAL OF FREEDOM,” Trump tweeted.The victory on Sunday was one of the greatest comebacks in sports history, as the 43-year-old ended an 11-year major title drought having overcome personal and professional setbacks including a highly-public divorce and multiple surgeries. The one-stroke win at Augusta National led to an outpouring of support from sports greats and politicians including Trump.Trump, an avid golfer, and Woods have played together in the past including in February when the pair joined golf great Jack Nicklaus for a round at Trump National Golf Club in Jupiter, Florida. Trump appeared to follow the action at this year’s Masters closely, tweeting well-wishes to the field on Saturday and encouraging people to tune in when Woods had the lead with just two holes left to play on Sunday.“Congratulations to @TigerWoods, a truly Great Champion!” Trump tweeted shortly after Woods sank a short putt to secure his 15th major title. “Love people who are great under pressure. What a fantastic life comeback for a really great guy!” he added later.The medal is the highest civilian honour in the United States and is given annually to people who have made outstanding contributions to the security or national interests of the country, to world peace, or to cultural or other significant public or private endeavours.Since taking office Trump has given the award to several athletes including former professional NFL players Roger Staubach and Alan Page and late professional baseball player George Herman “Babe” Ruth, Jr.last_img read more

Prof. gives $25 million for center

first_imgUSC President C. L. Max Nikias announced Tuesday a $25 million gift from Leonard D. Schaeffer, USC professor and a Judge Robert Maclay Widney Chair. The endowment  is expected to benefit the USC Leonard D. Schaeffer Center for Health Policy and Economics.The USC Schaeffer Center was established in 2009 with a gift from Schaeffer and his wife, Pamela. Both the USC Price School of Public Policy and the USC School of Pharmacy dually house the Schaeffer Center, uniting the two schools into a single organization that focuses on solving health care issues. Researchers at the Schaeffer Center conduct research in both public policy and pharmaceutical policy, integrating the two for a unique take on healthcare policy in America today. The center also concentrates on predicting the future of health care in the United States.“Our nation faces grave health and fiscal challenges,” Schaeffer said in a statement. “I support this center because its rigorous, independent and interdisciplinary research provides the foundation for designing effective policies to address these issues in both the public and private sectors.”According to Sadena Thevarajah, USC Schaeffer Center director of external affairs, the endowment will serve to preserve the long-term sustainability of the center, as well as recruit new faculty members.“While the endowment will not fund any precise program, it will mainly help us to be able to recruit high-level faculty and researchers who will be fantastic assets to the center’s goals,” Thevarajah said. “The donation will also really allow us to continue to grow in the research of health policy the center has already really quickly excelled in.”The research done at the Schaeffer Center doesn’t focus solely on fixing problems with health care policy, though; it also seeks to come up with policy solutions that will benefit future U.S. health care policies.“We project and model what health care costs will be like in the future based on current claims,” Thevarajah said. “So, researchers will look at current Medicare claims and be able to project what costs will be burdening the country in the future, and that will allow us to create policy solutions that can hedge for and prepare for that.”Ariana Wall, a senior majoring in economics, said the center will support her professional aspirations to curb childhood obesity through health care reform.“I want to use my economics background to work in public health care so this center is exactly what would help me further my career path,” Wall said. “The center will certainly help to bolster USC’s status as a top research university.”Professor Glenn Alan Melnick, director of the Center for Health Policy and Management and an expert in public policy issues relating to health care access, said the endowment not only benefits the Schaeffer Center, but also health care research on the West Coast in general.“This center is significant for the West Coast because most of the policy centers are on the East Coast,” Melnick said. “This gift now establishes a large, well-financed, sustainable center which will allow West Coast researchers and what’s happening in this part of the country to influence health care policy. It turns out that a lot of the innovation in health care comes from California, but has a hard time making it across the country because of the policy makers.”The Schaeffer Center has received more than $45 million in external research funding, helping it become one of the nation’s leading policy institutions, with its research having been featured in The Wall Street Journal, The New York Times, Politico and National Public Radio.Jon Miller, a freshman majoring in global health, said the donation puts USC at the forefront of an extremely important research area.“Our future is dependent on research,” he said, “and while global health is a rapidly changing field, this donation is going to allow USC to make profound changes and continue to grow in the rankings.”last_img read more