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SPi's energy industry channel covers breaking energy news from around the world, international corporate profiles and market research reports. The energy industry is the totality of all of the industries involved in the production and sale of energy, including fuel extraction, manufacturing, refining and distribution. Modern society consumes large amounts of fuel, and the energy industry is a crucial part of the infrastructure and maintenance of society in almost all countries.
Breaking Energy Industry News
Prospect Capital Reports Sale of Wolf Energy Assets and Receipt of Net Profits Interest Cash Distribution for a Combined Gross $66 Million, Boosting Prospect's Net Asset Value by Over $0.06 per Share and Reducing Prospect's Non-Accrual Rate to 0.2%
NEW YORK, NY -- (Marketwired) -- 05/21/13 -- Prospect Capital Corporation (NASDAQ: PSEC) ("Prospect") announced today that Prospect's portfolio company Wolf Energy Holdings, Inc. ("Wolf") has sold its oil and gas assets located in Martin County, Texas (previously held by H&M Oil and Gas, LLC, or "H&M"), and Prospect has received a net profits interest cash distribution and other payments, for a combined gross $66 million.Wolf continu...from: Prospect Capital Corporation via Marketwire
More Breaking Energy Industry News
This afternoon GDF SUEZ Energy Resources NA via PR Newswire notes; "GDF SUEZ Energy Resources Secures New Contract to Power Citizens Bank Park, Home of the Philadelphia Phillies" and Intelligent Energy via Businesswire announced that "Intelligent Energy and Etisalat Announce Energy Device Collaboration". Earlier today, "Ithaca Energy - Increase in Director Shareholding " wrote Ithaca Energy Inc via Marketwire
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