Royal Dutch Shell
Beach Energy Limited (ASX:BPT) releases Letter To Shareholders from chairman Bob Kennedy, June 2010.
Beach Energy Limited (ASX:BPT) (PINK:BEPTF) provides the following guidance in relation to its forecast underlying Net Profit after Tax ("NPAT") for the financial year ended 30 June 2010. On early estimates, Beach currently expects to make an underlying NPAT of between A$30 million to A$40 million.
Geodynamics Limited (ASX:GDY) wishes to advise that Gerry Grove-White has resigned after three years in his role as Managing Director to pursue other interests, with effect from 9 July 2010.
The Australian market Thursday delivered a strong opening, supported by optimism towards the US economy. The catalyst for the jump was the better-than-expected figures in pending home sales in the US, which pushed Wall Street higher overnight. The local market had been in a negative territory for three consecutive days this week. The S&P/ASX 200 index today rebounded with a 1.8 per cent jump in early trade.
Samsung Heavy Industries Co. (SEO:010140), the world's second-largest shipbuilder, has received a KRW1.32 trillion order to build a floating natural-gas facility for Royal Dutch Shell Plc (LON:RDSA), said South Korea's Yonhap news agency. Samsung Heavy and Technip SA, a French oil and gas producer, will design, construct and install multiple floating liquefied natural gas (LNG) facilities.
Asian shares are set for a weak start on Monday after US markets fell on lower commodities prices and Greek debt concerns. Japanese market today is closed for Vernal Equinox Day. Most Asian markets gained on Friday. Japan's Nikkei index rose 0.8 per cent while weakness in yen boosted exporters. China's Shanghai Composite was also higher, with Alunimium Corp of China surged 10 per cent on Friday. Hong Kong's Hang Seng Index was up 0.2 per cent and South Korea's Kospi climbed 0.7 per cent.
Kairiki Energy Limited (ASX:KIK) (PINK:KAIRF) is pleased to announce that its wholly-owned subsidiary Yilgarn Petroleum Philippines Pty Ltd has entered into an agreement with TG World (BVI) Corp. [a subsidiary of TG World Energy Corporation (CVE:TGE) (PINK:TGWEF)] to farm-out 4.9% of its current 35% interest in Service Contract 54 Block A (SC 54A), offshore, Northwest Palawan Basin, Philippines.
A cautious start is expected in Asian markets Tuesday while Wall Street took a breather after recent gains and closed slightly lower overnight. Asian stocks rallied on Monday, led by resources sector which was helped by higher commodities prices. Australian market posted a seventh consecutive day of gains yesterday. Japan's Nikkei 225 surged 2.1 per cent, Hong Kong's Hang Seng Index advanced nearly 2 per cent, South Korea's Kospi was up 1.56 per cent and China's Shanghai Composite gained 0.7 per cent.
Conquest Mining Limited (ASX:CQT)(PINK:CQMLF) are pleased to announce the appointment of Paul Marks, BEng(Chem), MAppFin, as a Non-Executive Director of the Company.
Most Asian stock markets were lower Friday due to some profit taking selling before the release of US non-farm payrolls data.