U.S. shale pioneer Chesapeake Energy likely to file for bankruptcy soon, sources say

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:Chesapeake Energy Corp. is preparing to file for bankruptcy as soon as this week, said three people familiar with the matter, becoming the largest oil and gas producer to unravel after an energy market rout caused by the coronavirus outbreak.The Oklahoma City-based company, co-founded by the late wildcatter Aubrey McClendon, is in the final stages of negotiating a roughly $900 million debtor-in-possession loan to support its operations while under Chapter 11 bankruptcy-court protection, two of the sources said.The company is also in talks with creditors to “roll up” some of its existing debt and make it part of the bankruptcy loan, bringing the total debtor-in-possession financing closer to $2 billion, the sources added. The company is reeling under a mountain of debt totaling more than $9 billion. Chesapeake is also attempting to negotiate an equity infusion from creditors to help it emerge from bankruptcy proceedings, one of the sources said.Chesapeake plans to complete its negotiations with its creditors and file for bankruptcy as soon as Thursday, the three sources said. The timing could slip to next week depending on the progress the company makes in these discussions, the sources added.If the company manages to emerge from bankruptcy, creditors that include Franklin Resources Inc., will take over Chesapeake in exchange for eliminating more than $7 billion of its debt under the outlines of a plan being negotiated, one of the sources said. Franklin is among Chesapeake’s most significant creditors, holding large portions of its debt.Chesapeake helped pioneer the extraction of oil and gas reserves from shale rock formations, an environmentally controversial process called hydraulic fracturing, or fracking.[David French and Mike Spector]More: Exclusive: Chesapeake Energy to file for bankruptcy as soon as this week – sources U.S. shale pioneer Chesapeake Energy likely to file for bankruptcy soon, sources saylast_img read more

Ecuadorean Military Uses Mounted Patrol on Peruvian Border

first_img The Ecuadorean Armed Forces are using mounted patrols in some areas of the Peruvian border (south) in order to counter fuel smuggling as part of a measure that will be extended to other areas of the country, the Joint Command reported on April 11. The areas under control include villages of the Andean province of Loja, near the border with Peru, where there are “trails used by traffickers to smuggle products,” the Command reported. “This kind of patrolling facilitates reconnaissance in areas that are inaccessible for vehicles and people on foot, allowing for careful planning of future operations and determining the means of access based on the type of terrain,” he added. The command noted that the Military will extend this kind of patrols to other regions in the country. The Peruvian and Ecuadorean governments are boosting development in border areas, where antipersonnel mines were planted during an undeclared war that confronted both nations in early 1995. In October 1998, both countries signed peace agreements in Brasília, putting an end to an old territorial dispute that led to several conflicts. By Dialogo April 15, 2013last_img read more

Curbside Series Part 1: Delivering curbside member experience

first_img continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr The coronavirus outbreak continues to reshape how the American retail landscape looks and operates. In our new age of “social distancing,” curbside delivery is now the temporary norm for many businesses including restaurants, pharmacies and even some clothing retailers.The “curbside” phenomenon has even hit our financial services industry as many credit unions and community banks are delivering variations of a curbside member experience. Credit Unions like Coosa Valley Credit Union (Rome, Georgia), Texas Plains Federal Credit Union (Amarillo, Texas) and Cochran County Schools Federal Credit Union (Morton, Texas) are literally serving members from the curb while members stay in their car for optimum social distancing.Check out these photos from Coosa Valley CU:last_img read more

Trio of Catholic nuns singing Idul Fitri song warms hearts, goes viral

first_img“Thank you for your respect, sisters,” Twitter user @uki_ade3 wrote. “How beautiful it is to live side by side and honor each other.”Duh jd pengen beliin susternya opor ayam seember— Levi Ackerman (@assassinoftitan) May 24, 2020“This video makes me want to buy the sisters a bucket of opor ayam,” @assassinoftitan tweeted, referring to a dish of braised chicken in coconut milk that is traditionally served on Idul Fitri.Central Java Governor Ganjar Pranowo also reposted the video to his official Instagram account. “[Your] voices are beautiful,” he wrote in the caption. “Thank you.” Many commenters said that the video was a breath of fresh air after incidents that indicated growing religious intolerance in the country over the past few months. These included several regions halting the construction of churches in response to protests from local residents, as well as the vandalization of a Muslim meeting hall in a predominantly Christian area of North Sulawesi.President Joko “Jokowi” Widodo called for firm action to uphold religious freedoms in Indonesia while adding that this responsibility fell to regional administrations.Topics : “After fasting for one month, giving alms according to religious teachings”, the trio sings. “Now we celebrate Idul Fitri happily, let us celebrate Lebaran joyfully.”Several users shared the video on messaging apps and posted it to their Twitter accounts on Sunday, where it drew praise from netizens.center_img A video showing three Indonesian nuns singing a popular Idul Fitri song went viral on Sunday, with social media users expressing their appreciation for the trio’s demonstration of religious acceptance.Titled “The Beauty of Living With Tolerance”, the video was initially uploaded on Saturday to the YouTube channel of Catholic television station Hidup TV and shows sisters M. Eufrasia, Vincentine and Dorothea of the Congregation of the Daughters of Our Lady of the Sacred Heart singing “Selamat Lebaran”.last_img read more

Freeholders Discuss Restaurant Openings, School Programs

first_imgThe article originally appeared in the June 18-24, 2020 print edition of The Two River Times. A day after the press conference, June 12, Murphy announced that the restriction on such programs will be lifted July 6. He suggested that the state allow restaurants to reopen for indoor dining and allow at least 50 percent capacity “if we want them to survive,” he said. Restaurateurs have been demanding that the state allow limited indoor dining for several weeks, including during a press conference May 29 attended by at least 60 local restaurant owners. Monday marked the long-anticipated reopening of outdoor dining at restaurants, nonessential in-person retail shopping and childcare centers, with salons, barbershops, tattoo parlors and others to follow June 22. But because Monmouth County business owners and residents have already seen a “big impact” from the closures, the freeholders urged the state to take further steps. YOUTUBE/MONMOUTH COUNTY GOVERNMENT Monmouth County Freeholder Director Thomas A. Arnone spoke about restaurant openings and more during a press conference June 11. Outside the restaurant world, and unlike most in-person activities permitted thus far this summer, beaches have been open since Memorial Day weekend. The turnout has been “extremely active,” said Arnone, suggesting that the best way to address the crowding is to reopen other recreation spaces. That could mean reopening parks to allow for full capacity, he said, or other areas for people to go to. “The governor has said many times that he commends New Jersey residents for doing the right thing and taking the right precautions, so let these restaurant owners do just that,” said Arnone. “They understand they’re going to need changes, but at the end of the day, they welcome the changes as long as they can open their doors. And I’m going to be a big proponent of it.” “For nearly three months, these children have been without these programs that are essential to their well-being,” said Arnone, a board member of the Monmouth Ocean Foundation for Children. “These extended school year programs are instrumental in helping these children maintain structure and routine in their lives,” Arnone said. “While I am glad that restaurants will be permitted to open for outdoor dining next week, we cannot ignore the fact that this isn’t enough,” said Freeholder Director Thomas A. Arnone. “There will be days when it is raining or too hot to eat outdoors. Additionally, Arnone stressed the impor tance of in-person education for the special needs community. The at-home instruction with limited resources has been “totally devastating” to moving their lives and education for ward, he said. center_img “I understand that this is extremely important for our special needs community and their families. The setback is detrimental to the progress they have made,” he added. By Allison Perrine “We have to look at some of our indoor recreation facilities and find ways to work with those owners and make it work because they’re struggling they’re struggling hard.” MONMOUTH COUNTY – Monmouth County is getting back up on its feet. Many businesses are reopening under new regulations for the first time in months amid the COVID-19 pandemic, the freeholders announced June 11 in a press conference. According to Freeholder Deputy Director Susan M. Kiley, over 75,000 Monmouth County residents have filed for unemployment since March 21 at the beginning of the pandemic in New Jersey. With help from the county’s financial hub they have been able to help those unemployed residents with job training, childcare, financial coaching and more to get them back to work. We are already seeing thousands of restaurants throughout the state close, which is completely unacceptable.” “We are currently waiting for direction from HUD about how these awarded grant funds can be distributed and who is eligible to receive this assistance in Monmouth County,” said Kiley. “As of right now, we know that these grants are designated to assist vulnerable populations who have been impacted by the pandemic.” The county has also received notice of impending grants from the state Department of Housing and Urban Development (HUD) for $1.5 million from the Community Development Block Grant and $2.5 million from the Emergency Service Grant, she said during the press conference. last_img read more


first_imgDOUG O’NEILL, ILIAD, SECOND: “He just got a little tired. Flavien said that between the three eighths and the quarter pole, he thought he could win it.  Obviously, Mastery is a very special horse, but I’m really happy with the way my horse ran first time around two turns.  If he stays healthy, we’ll shoot for the Santa Anita Derby (Grade I, $1 million on April 8).”             MIKE SMITH, MASTERY, WINNER: Regarding Mastery, who was pulled up after the wire and taken back to the barn via horse ambulance after being evaluated by track vet, Dr. Dana Stead – “He seemed to just go off in the left hind. I don’t know why. Nothing happened that made me think, ‘Oh, something just happened.’ He just all of the sudden went off and wouldn’t put weight on it.“I got off real quick and nothing seemed dislocated or anything. After he moved for a little bit he started walking fine on it so I’m hoping that maybe he just tweaked it or rolled it. I’m hoping it’s not that serious because he’s an incredible horse.“I felt it about 10 jumps after the wire. All of a sudden he just picked up his back leg. At that point I couldn’t tell what it was. After a minute or so and he started walking, he seemed fine.“This is a really talented horse. The power…it’s endless with this guy. He’s some kind of strong. He was hitting gears every time I asked him to. Gear down one, gear up two, gear down one…“Everything seemed to come easy for him. That was a pretty impressive race. I’m just hoping everything is ok.”(Update – While being interviewed in the Winner’s Circle, Bob Baffert received a call from assistant Jimmy Barnes reporting that Mastery had arrived at the barn and walked off the van seemingly in good order.)             VICTOR ESPINOZA, GORMLEY, FOURTH: “You know, Gormley was good all the way around. He kind of surprised me at the three-eighths pole where he kind of dropped the bridle and just kept moving along with the winner and I thought he’d finish second. It seems like he’s okay but these young horses, they’re still figuring it out. Race by race, they’re seeing what exactly they like and some little thing may not being going their way and they won’t race at their best but he’ll recover and do better in the next one.” TRAINER QUOTES             FLAVIEN PRAT, ILIAD, SECOND:  “Between the three eighths and the quarter pole, I thought I could catch him. This was his first time around two turns and he ran really well. He should improve off of this race.” BOB BAFFERT, MASTERY, WINNER: “Mike just said that when he was pulling him up on the turn, he felt something behind, like he took a funny step. So he pulled him up, and he was favoring his left hind. As soon as he took the saddle off, then he was perfect. He was walking good. We’ll take him back and see.“It’s left hind, whatever it is. Jimmy (Barnes) said he didn’t see anything obvious, and he went out of the trailer fine (back at the barn.)“We’ve been so high on this horse, and you see what he did today was just incredible and puts him as the best 3-year-old in the nation. I’m walking down and I hear a fan say ‘I hope your horse is all right.’ I said ‘What?!’ and he said ‘I hear they’re unsaddling him.’ We went from the highest of the highs to somber. Hopefully it’s nothing obvious or really serious. We’ll have to get back there and find out what’s going on.“The way he moves – he’s just a beautiful moving horse. He was just doing it easy. It’s very rare to get one like that. You go from seeing the next coming, and then something like that happens. I’ve never dealt with anything like that. I thought maybe it was heat or something.” JOCKEY QUOTES             NOTES: The winning owner is Everett Dobson of Oklahoma City, OK who races as Cheyenne Stable, LLC. -30-last_img read more

Things to know: DeBoer provides an update on Joe Thornton’s status

first_imgSAN JOSE — Pete DeBoer is calling Joe Thornton as a game-time decision for the Sharks showdown with the Dallas Stars at SAP Center Thursday.Thornton skipped the Sharks (16-11-5) optional skate Thursday morning after missing practice Wednesday for “maintenance” purposes. DeBoer explained Thornton’s absence Wednesday by saying that he’s “dealing with something.” The Sharks alternate captain also sat out of the Sharks morning practice Monday, but suited up for his team’s 5-2 win over the New …last_img read more

The Pest Post

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Scott WilliamsDTN EntomologistA drawn-out harvest prevented many farmers from completing fall fieldwork. That may increase the susceptibility of many fields to one of our perennial pests, the black cutworm (Agrotis ipsilon). And, if the winds blow just right, they’ll be paying your fields a visit before you know it.WHAT TO LOOK FORA drawn-out harvest prevented many farmers from completing fall fieldwork. That may increase the susceptibility of many fields to one of our perennial pests, the corn pest black cutworm (Agrotis ipsilon). And, if the winds blow just right, they’ll be paying your fields a visit before you know it.— Egg: Eggs are laid on non-crop foliage or other vegetation, with common hosts including chickweed, shepherd’s purse and wild mustards. The eggs appear as whitish domes with around 35 to 40 ridges that run from apex to base. As the eggs mature, they change in color to a brown hue.— Larva: The larvae hatch five to 10 days after eggs are laid, depending on the temperature. The larvae are gray to black in color, giving the species its name. Other distinctive features include a “greasy” skin appearance, lighter-colored ventral area, pairs of unevenly sized black dots on each body segment and a brown head capsule. If disturbed, the caterpillar may curl up into a “C” shape to protect itself. As they grow in size, the larvae move off the plant on which they’re feeding and into the soil nearby, only coming out at night.— Pupa: Larvae complete their growth roughly a month after hatching and pupate about 1 to 4 inches below the soil surface. The pupae are therefore rarely seen but appear as brown spindles less than 1 inch in length.DAMAGEYounger black cutworms feed on foliage and will leave small, irregular holes behind. Older caterpillars feed closer to the surface, notching the stem or cutting it off entirely to drag the plant below the surface and feed in peace. A single cutworm can kill up to five plants during its life span. Severe infestations can lead to losses of 80% but, more typically, damage is localized to areas of the field. Late planting, reduced tillage, wet soil and nearby weeds increase the odds of significant damage.MANAGEMENTStart by removing alternative hosts. Eliminating early-season weeds in and around fields makes them less attractive to incoming moths. Set the biofix (refers to when to start counting degree days for a specific pest) when pheromone traps record nine or more moths over a two-night period, and scout fields for signs of damage soon after plant emergence. If cutworms are present, leaf damage should appear 90 to 300 degree-days after the biofix. If damage is present, check five areas of the field (20 plants each) and note the growth stage of the plants and the number with feeding damage. If cutworms are present, collect 10 larvae to determine the average instar of the population. If damage exceeds the economic threshold for the average instar (see references below), treatment may be necessary.Bt hybrids containing the Cry1F protein (Herculex/HX1) or Vip3a protein (Viptera), alone or in stacks, are labeled as controlling black cutworm. While they reduce risk, corn might still be damaged under heavy pressure. Seed treatments may not always provide satisfactory control, especially at lower rates. Post-rescue treatments can be effective when combined with careful scouting.Black cutworm is among many insects targeted by DTN products and services, including the Agronomic Insights, AP and DTN Smart Trap. (DTN is the parent company of Progressive Farmer magazine)For more information:Purdue University: tinyurl.com/ja3lexwUniversity of Minnesota: tinyurl.com/y3oxxa4o**Editor’s Note: Write Scott Williams at Pest Watch, 2204 Lakeshore Dr., Suite 415, Birmingham, AL 35209, or e-mail [email protected](ES/SK)© Copyright 2019 DTN/The Progressive Farmer. All rights reserved.last_img read more

Hima to receive government funding till Tokyo Olympics

first_imgNew Delhi, July 14 (PTI) Indian athletics’ newest sensation Hima Das will be provided “end-to-end” support towards her preparation for the 2020 Tokyo Olympics under the government’s Target Olympic Podium Scheme (TOPS). Hima scripted history by becoming the first Indian woman to win a gold medal at the IAAF World Under-20 Athletics Championships as she clinched the top spot in the women’s 400m final race in Tampere, Finland on Thursday. “Hima, post her excellent performance at CWG 2018, where she ran her then personal best of 51.32, was inducted in ministry’s Target Olympic Podium Scheme (TOPS) in May 2018. “Under the scheme, in addition to the Rs 50,000 per month as Out of Pocket Allowance (OPA), she would be provided end to end support towards her Olympic preparation by the Govt under the scheme,” said Sports India (erstwhile SAI) DG Neelam Kapur. The 18-year-old from a village in Nagaon district of Assam, a pre-tournament favourite, clocked 51.46s to win the gold. As per an earlier list, Hima was supposed to be funded by the government only until the upcoming 2018 Asian Games. “Hima and the other 400m runners, post CWG, were sent to Spala Olympic Training Centre in Poland, for a month-long training in mid May, which was funded by the Govt. “Post that she ran her personal best of 51.13s at the Inter-State Championship in Guwahati in June, 2018. Post the U-20 World Championship, she would be joining the other Indian 400m runners for pre-Asian Games camp, which has been funded by the Govt under Annual Calendar for Training and Competition.”advertisement Win her win in Finland, Hima is only second to star javelin thrower Neeraj Chopra, who won a gold in Poland in the last edition in 2016 in a world record effort. The beneficiaries under the TOPS will be reviewed after the Asian Games and the administrative mechanism of the programme will be completely overhauled, SAI had said earlier. PTI PDS AH AH KHSKHSlast_img read more


first_imgThe profile of touch football in Australia is continuing to grow, with the latest media watch statistics showing touch football news has reached around 9 million people in the first three months of this year. Australian Touch Association CEO, Bill Ker says the statistics are both exciting and also interesting for the development and promotion of touch football in the media arena. “The Australian Touch Association has embarked on a twelve month media watch campaign to obtain an understanding of the extent of mentions the sport has in the media nationally,” says Mr Ker. “”The media for the past three months has been extensive with a wide reach nationally.” “It was also determined to extend the boundaries of the watch to cover New Zealand as well, because this will enable the ATA to not only quantify the media coverage in Australia but compare it with coverage from the other largest international member of the Federation of International Touch,” explains Mr Ker. The month of March saw touch football receive 138 mentions in the print, radio, television or online media. This was double the number of mentions for the months of January and February. In terms of audience numbers, it is estimated that these 138 stories reached almost 3.2 million people. This result, combined with the results recorded for January and February, shows touch football news has reached around 6.4 million people this year alone through the forms of print, radio or television. Mr Ker says the internet is another big winner in terms of coverage, with the ATA website recording a record number of hits in recent months. “Especially pleasing for the ATA is the homepage hits of over 3.5 million since November last year. The month of March produced 40,000 hits short of 1 million, which is a direct reflection of the interest the NTL generates. The ATA has studied the usage patterns of the homepage and is aiming the direction of the homepage information towards servicing those usage trends,” Mr Ker highlights. Since the beginning of the year almost 2.6 million hits have been recorded by the ATA, while at the peak of the NTL competition over 65,000 hits were recorded in just one day. It also needs to be mentioned that these statistics on internet usage relate purely to the ATA website and do not include statistics on the other international, state and local websites, who have also noticed an improvement in their website hits. Therefore these statistics can be said to be just the tip of the iceberg! By far the biggest improver in media coverage of touch was the number of television news stories. The month of March saw 20 touch football news stories produced, being primarily in state and regional news broadcasts. This number is also almost double the total number for January and February combined. In terms of audience numbers, the television coverage is estimated to have reached just over 500,000 for January and February, and over 800,000 for the month of March. The print media, which includes local, regional, state and national newspapers, reached the largest audience, with 83 stories published and an estimated number of almost 2.2 million readers. Wagga Wagga, Yass and several Western Australian media outlets are doing especially well, receiving regular coverage of their local and regional events in print and on radio and television. The Gold Coast and Sunshine Coast are other areas becoming more regular in the coverage touch football receives there. Coffs Harbour and the NTL’s were also successful, with the tournament being reported on the daily regional television news bulletins, as well as securing print and radio stories. With regional media outlets always searching for news stories, especially those of local interest, it is important for the ATA and all state and local organisations to continue to look for opportunities for touch football development through the media. “All in all the ATA is very pleased with the results of the media watch and the homepage usage and looks forward with confidence to a wider awareness of this great sport in the forthcoming months,” says Mr Ker. Rachel Moyle, 0422233165last_img read more