BUDGET airline Flybe is close to announcing an initial public offering (IPO) on the London stock market, sources familiar with the matter confirmed yesterday. Europe’s largest domestic airline by passenger numbers has hired Investec and Merrill Lynch to advise on the float, which could value the company at £200m according to a Sunday newspaper. Flybe has toyed with the idea of a public offering for several years, but is understood to have firmed up its plans following strong results in September, when the company announced pre-tax profit of £6.8m for the year even after losing £21m in sales due to the volcanic ash cloud. Chief executive Jim French said at the time that Flybe was eyeing acquisitions in Europe, and the firm is reportedly looking to use the proceeds from a float to buy two rivals. Flybe is 69 per cent owned by late founder Jack Walker’s family trust, through the Jersey-based Rosedale Aviation Holdings, which will reportedly keep its stake following a float. Employees own 16 per cent of Flybe shares, while British Airways own 15 per cent through Flybe’s purchase of budget carrier BA Connect in 2006. The airline operates 203 routes in 13 countries, carrying 7.2m passengers in the last year alone.It signed deals this year with Finnair, Air France and Embraer to share or take over services, as part of its expansion plans.A spokesperson for Flybe said yesterday the company would not comment on speculation. Investec declined to comment, while Merrill Lynch could not be reached. Show Comments ▼ KCS-content Tags: NULL whatsapp whatsapp Flybe gears up for a stock market debut Sunday 14 November 2010 10:48 pm Share More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterBlood Pressure For LifeWhy Doctors May No Longer Prescribe Blood Pressure MedsBlood Pressure For Life
Despite the recent stock market rally, buying UK dividend shares today could deliver decent long-term returns for investors.The stock market can be a volatile place. Last spring, stocks crashed as the Covid-19 crisis hit the markets. But since the lows, many shares have been roaring back. Although the crisis has damaged some businesses more than others and their stocks remain depressed.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Income from UK dividend sharesBut with such big moves up and down in stock prices, it can be difficult for investors to achieve capital gains from shares. And one timeless investment strategy involves focusing on dividend income instead.Such an approach makes sense. Historically, a big chunk of the long-term gains from shares has arrived via shareholder dividend payments. And stocks with decent and growing dividend yields often offer modest valuations, although that’s not always true.Sometimes, for example, a high dividend yield can be a warning sign for investors. If share prices have fallen and pushed the yield up, it could be because the underlying business is underperforming. Often in cases like that, a dividend cut may not be far away.So dividend investing has risks just as any other strategy for buying shares has risks. Indeed, investing in shares always carries uncertainties and gains are never guaranteed. But I’d aim to minimise some of the risks by researching and analysing the businesses underlying the dividend shares that interest me.For example, I’d want the business to be well established in the niche of the markets it serves. And I’d want to see a consistent multi-year record of trading and financial figures. My ideal investment would have a record of annual rises in revenue, earnings cash flow and shareholder dividends. And I’d look for evidence such performance can continue in the years ahead.Careful selectionOf course, not all companies with a high dividend yield would make it into a portfolio. One danger area that makes me wary is the high dividend yields we often see in the more cyclical sectors. Trading can be volatile for companies in sectors such as finance, natural resources, retail and others. And a high dividend today could be replaced with zero dividends tomorrow. And that can happen at short notice if earnings plunge as a cycle turns down.Instead, I’d look for sustainable dividend yields in less-cyclical sectors such as healthcare, utilities, branded fast-moving consumer goods and others. And I’d be sure to diversify my dividend-focused portfolio between several stocks in different sectors.Finally, I reckon the best way for me to aim to maximise my long-term returns from dividend stocks is by reinvesting the dividends along the way. By doing that I’ll be compounding my investment gains. And I’d hold my investments in a Stocks and Shares ISA to take advantage of the tax relief available. Kevin Godbold | Monday, 8th February, 2021 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. See all posts by Kevin Godbold Image source: Getty Images I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Despite the stock market rally, I’d buy UK dividend shares today Enter Your Email Address 5 Stocks For Trying To Build Wealth After 50 Click here to claim your free copy of this special investing report now!
Routledge has published “The governance of public and non-profit organisations: What do boards do?” edited by Chris Cornforth, a Senior Lecturer at the Open University Business School.Routledge claim that most books on governance in public and non-profit organisations are prescriptive and recommend unrealistic solutions: too often they underestimate “the constraints and conflicting demands that boards face.” Their latest title, edited by Chris Cornforth, is, they say, one of the few detailed empirical studies of what boards do in practice. It brings together analyses based upon some of the best recent empirical studies of public and non-profit governance in the UK.Using a new theoretical framework that highlights the paradoxical nature of governance the book throws light on various questions at the heart of recent debates about non-profit boards: Advertisement Are boards publicly accountable or is there a democratic deficit?Are boards able to exercise real power, or does management run the show?What do boards do? Are they effective stewards of an organisation’s resources? Can they play a meaningful role in setting organisational strategy?What effects are regulatory and other changes designed to improve board effectiveness having?The book is directed at academics and students with an interest in the governance and management of public and non-profit organisations. It should also be of value to policy makers and practitioners who wish to gain a deeper understanding of how boards work and what can be done to improve their performance.The 272-page hardcover book costs £60/$95. It is the latest in the series “Routledge Studies in the Management of Voluntary and Non-Profit Organizations.” Editor Chris Cornforth is Senior Lecturer in Management and Head of Public Interest and Non-profit Management Research Unit (PiN) at the Open University Business School. His research focuses on the governance and management of non-profit organisations. 20 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 13 January 2003 | News New book on non-profit governance AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.
By Gary TruittA chain is something most of us don’t think about; that is, until we need one. When you need to hang or haul something, having a good sturdy chain is vital to getting the job done. The key, of course, is knowing where your chain is when you need it. Keeping it in good repair is also important if it is going to work properly. The radio industry and many agribusinesses have forgotten this important principle.The farm media, both broadcast and print, are a vital link for agriculture. Farmers rely on timely information; and, for decades, the agricultural media has been the link that delivers it to them. That delivery used to come each month in the mailbox as the large-format, full-color, farm magazines arrived. In the 1940s, radio entered the mix with large regional stations dedicating long blocks of time to agricultural programs. In the 1950s, local rural newspapers found fertile ground in producing agricultural content. In the 1970s, radio networks started providing farm programs to groups of local radio stations.Today the internet and social media are filled with farm and rural content; yet the local radio station and newspaper remain vital links used by farmers. While not as trendy as Twitter, farm radio remains one of the primary media sources used by farmers. Research shows that over 56% of farmers listen to their local radio station at least 3 times per week and over 60% tune in daily. Local radio fits today’s farming lifestyle which is mobile, yet dependent on timely information.While the slick, glossy, farm magazines are filled with pictures of new tractors, it is the classifieds and auction ads in the farm newspapers that farmers turn to when it is time to shop. As vital as they are, all these traditional media outlets are being ignored by marketers and broadcasters because they’re not new, cool, and techy.While attending a broadcasters’ convention recently, I was told by several stations who serve rural areas that they could not possibly air any farm programming because they would have to play one or two less songs. Yet, at the same time, these stations’ owners were complaining about losing listeners who were turning to satellite radio or on-line music sources like Pandora or Spotify. They were blind to the fact that locally relevant content was their best way to keep local listeners. Most were unaware of the large number of farm families who daily switch on their station in search of local and farm-oriented programs.The importance and impact of farmers and the agricultural sector are continually overlooked by the media, marketers, and lawmakers. While agriculture is an international industry, in the end it comes down to the local farmer listening to his local radio station, reading his local farm paper, and making decisions that have far-reaching consequences for the food industry, the environment, and the local economy.The state-based, farm media is the link to reaching farm and rural customers. Stop overlooking this vital sector of your local economy and the chain that can help you reach them. Commentary: The Invisible Majority SHARE By Gary Truitt – Nov 4, 2018 Facebook Twitter SHARE Facebook Twitter Home Commentary Commentary: The Invisible Majority Previous articleINFB PACs Endorse Candidates in General ElectionNext articleFarmers More Optimistic as They Head to the Ballot Box Gary Truitt
Pasadena Unified Announces National School Lunch Program, Making Qualified Students Eligible for Free or Price-Reduced Meals
Pasadena Unified School District has announced its policy to serve nutritious meals every school day under the National School Lunch Program, School Breakfast Program, and/or Afterschool Supper Program. Effective July 1, 2018 through June 30, 2019, children are eligible for free or reduced-price meals if the household income is less than or equal to the federal guidelines.Households do not need to turn in an application when the household receives a notification letter saying that all children automatically qualify for free meals when any household member receives benefits from CalFresh, CalWORKs, or FDPIR. Children who meet the definition of foster, homeless, migrant, or runaway, and children enrolled in their school’s Head Start program are eligible for free meals. Contact school officials if any child in the household is not on the notification letter. The household must let school officials know if they do not want to receive free or reduced-price meals.Households that want to apply for meal benefits must fill out one application for all children in the household and give it to the nutrition office at 740 W Woodbury Rd, Pasadena, CA 91103. For a simple and secure method to apply, use our online application at www.MySchoolApps.com. Contact Grace Aguilar at (626) 396-5852 X 89371 for help filling out the application. The Food & Nutrition Services office will let you know if your application is approved or denied for free or reduced-price meals.Households may turn in an application at any time during the school year. If you are not eligible now, but your household income goes down, household size goes up, or a household member starts receiving CalFresh, CalWORKs, or FDPIR, you may turn in an application at that time. Information given on the application will be used to determine eligibility and may be verified at any time during the school year by school officials. The last four digits of the Social Security number from any adult household or checking that you do not have a Social Security number is required if you include income on the application.Households that receive Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) benefits, may be eligible for free or reduced-price meals by filling out an application.Foster children are eligible for free meals and may be included as a household member if the foster family chooses to also apply for the non-foster children on the same application. Including foster children as a household member may help the non-foster children qualify for free or reduced-price meals. If the non-foster children are not eligible, this does not keep foster children from receiving free meals.Your child’s eligibility status from last school year will continue into the new school year for up to 30 school days or until the school processes your new application, or your child is otherwise certified for free or reduced-price meals. After the 30 school days, your child will have to pay full price for meals, unless the household receives a notification letter for free or reduced-price meals. School officials do not have to send reminder or expired eligibility notices.If you do not agree with the decision or results of verification, you may discuss it with school officials. You also have the right to a fair hearing, which may be requested by calling or writing the hearing official: Elizabeth Powell, 740 W Woodbury RD, Pasadena, CA 91103, (626) 396-5852.This institution is an equal opportunity provider. Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Education Pasadena Unified Announces National School Lunch Program, Making Qualified Students Eligible for Free or Price-Reduced Meals From PUSD Published on Thursday, July 5, 2018 | 1:51 pm Your email address will not be published. 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Next: HUD Appropriations Bill Passes in Senate Committee in Daily Dose, Featured, Government, News Federal Court Rules HOAs Cannot Use ‘Super-Priority Lien’ to Foreclose on GSE-Backed Loans Sign up for DS News Daily Tagged with: Fannie Mae FHFA Freddie Mac Homeowners Associations Nevada Super-Priority Lien Status About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago June 26, 2015 1,737 Views Fannie Mae FHFA Freddie Mac Homeowners Associations Nevada Super-Priority Lien Status 2015-06-26 Brian Honea Subscribe Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. The U.S. District Court for the District of Nevada ruled this week that homeowners’ associations (HOAs) that attach super-priority lien status to mortgage loans cannot foreclose non-judicially on mortgages backed by Fannie Mae and Freddie Mac.Judge Gloria Navarro ruled in the case of Skylights LLC v. Byron that federal law prohibits a state-law HOA foreclosure from extinguishing a first deed of trust that is guaranteed by one of the government-sponsored enterprises.Currently, 22 states allow HOAs to attach super-priority lien status to mortgages. The subject has been a controversial one because in some cases banks and lenders that have suffered huge losses when HOAs have extinguished mortgages where the delinquent HOA dues amounted to a fraction of the balance on the mortgage claim that the super-priority lien law gives the HOAs too much power. HOAs contend that the super-priority lien status is necessary because it forced the banks and lenders to pay the delinquent HOA dues and not leave responsible HOA members to pick up the tab in order to keep the HOA’s infrastructure intact and protect the community and neighborhood.The Nevada State Supreme Court made a controversial ruling last September that gave HOAs the authority to foreclose on a home and extinguish a mortgage non-judicially, a ruling that was subsequently appealed by lenders on the grounds that the Housing and Economic Recovery Act (HERA), a federal law, prohibits state laws from extinguishing a deed of trust if the mortgage is backed by Fannie Mae or Freddie Mac. The Federal Housing Finance Agency (FHFA) issued a warning in December to HOAs that attach super-priority lien status to mortgages, saying that such liens will not push mortgages backed by Fannie Mae and Freddie Mac into the secondary position because of the risk they pose to taxpayers while the GSEs are under the FHFA’s conservatorship. In order to protect the GSEs’ property rights, FHFA intervened in two Nevada cases in which an HOA extinguished a mortgage last year.FHFA general counsel Alfred Pollard testified before the Nevada State Legislature Judiciary Committee in early April, backing Nevada Senate Bill 306, which proposed an amendment to the law on super-priority liens. The bill passed in late May at the last minute before the end of the judiciary session. The bill calls for an HOA to provide the mortgagee with a formal notice with the amount on which the homeowner is delinquent on HOA dues, this giving the mortgagee the opportunity to address the deficiency if the homeowner will not – therefore allowing the mortgagee to protect its position.In the case decided in the federal court on Thursday, Las Vegas residents David and Jennifer Byron obtained a mortgage in November 2007 for $105,700, from CitiMortgage that was secured by a deed of trust property. Mortgage Electronic Registration Systems, Inc. (MERS) was named the beneficiary and First American Title Company was named trustee. In November 2011, MERS assigned the interest in the deed of trust to CitiMortgage, which in turn assigned it to Fannie Mae in March 2014. Six months later, in September 2014, an agent for the HOA sold the home to Skylights LLC in a foreclosure auction for $28,500, despite the fact that Fannie Mae’s conservator, FHFA, never gave consent for the foreclosure. FHFA and Fannie Mae filed a joint motion for summary judgment, arguing that Skylights could not legally extinguish the deed of trust when it purchased the property at the foreclosure auction.The court upheld a federal statute that bars the foreclosure of a homeowner association’s lien from extinguishing property of FHFA without its consent and ruled that the arguments presented by Skylights and the HOA claiming that statute did not apply in this case were “without merit.”Navarro’s ruling includes language that may limit its scope, however – the decision could apply only in cases where one of the GSEs is the recorded beneficiary of the deed of trust (even if they purchased the deed of trust prior to the HOA’s foreclosure sale) at the time of the HOA’s foreclosure sale. There were two similar cases argued in the U.S. District Court for the District of Nevada last week in which investors sued JPMorgan Chase bank that are currently awaiting Navarro’s ruling; the GSEs were not the recorded beneficiary of the deed of trust at the time of the HOA foreclosure sale in either case. The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Federal Court Rules HOAs Cannot Use ‘Super-Priority Lien’ to Foreclose on GSE-Backed Loans Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago
Comments are closed. • The impact of the Internet on the workplace and the challenges thispresents for HR professionals is one of the key themes at the EvershedsEmployers’ Convention: “Meeting the challenge of the Internet age”,which is supported this year by Personnel Today.The two-day event for senior HR managers is being held on 12-13 April at theOulton Hall Hotel, Leeds. It combines plenary sessions with a choice of 16interactive workshops including motivational speaker Jack Black, plus dinnerwith celebrity chef Anthony Worral Thompson.”While the impact of the Internet on UK business is already profound,it’s certain that the nature and extent of that influence will increase,”said Eversheds’ senior partner Martin Hopkins. “The convention will focuson what HRprofessionals can and should be doing to minimise, manage or evenexploit it to the advantage of the business.”The emphasis is on delivering an inspiring programme, which provideslong-lasting value to delegates and their businesses. All delegates willreceive a copy of the Eversheds Workplace Survival Guide.• For more information and bookings call Laura Morris 0121-232 1000 or visitthe Eversheds web site at: www.employersconvention.com Eversheds convention introduces HR to world of WebOn 25 Jan 2000 in Personnel Today Related posts:No related photos. Previous Article Next Article
Comments are closed. One early, high-profile and successful prosecution of a major businessfigure under a proposed law of corporate killing could be followed by a slumpin the accident statistics as business priorities are reassessed across theeconomy. This statement is from an article by the TUC’s general secretary and willsend a shudder down the spines of senior HR people in large corporations. The offence of corporate killing is proposed in the draft Safety Billpromised by the Home Office to be included in early legislation of the newParliament (see p1). Still up for discussion is whether the legislation willforce companies to nominate a director to be personally responsible for healthand safety or whether it will be a collective board responsibility. Any HR director will welcome steps to improve health and safety in a companyto protect their staff and the public. And this piece of legislation will meancompanies will have to review their approach to health and safety policies,test that they work and ensure managers can enforce it. But it is unfair that HR directors should shoulder all the burden ofresponsibility and then take the blame and punishment when things godrastically wrong. Why should a personnel director be disqualified from actingin a management role or, even worse, go to jail? A safety disaster could beblamed on the finance director who did not agree to spending on safety, orpinned on an operations director who failed to control workplace risk, ratherthan an HR director who did not oversee safety induction training. The HRmanager can drive health and safety but the whole management board should takecollective responsibility for it. Related posts:No related photos. Work safety failures not just HR’s faultOn 19 Jun 2001 in Personnel Today Previous Article Next Article
The study will cover a range of development approaches for the Pilot field and includes the facilities, marine and subsea scope of work Image: Crondall Energy has partnered with Pharis Energy. Photo: courtesy of rawpixel from Pixabay. Crondall Energy, the floating production and subsea engineering specialist, has been awarded a contract by Pharis Energy to deliver the Concept Select study for the operator’s heavy oil Pilot Field development in the Central North Sea.Pharis Energy hopes to become the first operator in the world to use steam flooding in a major offshore project – one of the concepts to be explored as part of Crondall Energy’s Concept Study.The study will cover a range of development approaches for the Pilot field and includes the facilities, marine and subsea scope of work. Crondall Energy’s engineers will develop and assess facilities and subsea configurations as well as various oil separation and artificial lift technologies to determine an optimum solution for the development.Crondall Energy’s Group Managing Director, Duncan Peace, said: “We are very pleased to continue our work with Pharis Energy on this exciting project and we welcome the confidence shown in our engineering teams to develop a commercially viable concept for the project. The breadth and complexity of this development play to the strengths of our multidisciplinary team and we look forward to progressing the study.”The Pilot field is located in block 21/27a of the UK central North Sea and is estimated to contain 230 MMbbls of proven plus probable oil-in-place, of which around 60 MMbbls will be recoverable in a waterflood scenario whilst 113 MMbbls could be expected to be recovered in a steam flood.Stephen Brown, Pharis Energy’s CEO, added: “We are delighted to be progressing the Pilot project and continuing our good working relationship with the folk at Crondall Energy. The Crondall Energy team not only know the theory of how to go about developing offshore oil fields but also really understand the practicalities of weaving the development concept together with the team of engineers, contractors, rig and vessel owners, consultants and suppliers, into a financeable project.”Crondall Energy previously supported the project by reviewing the CAPEX for the development. Source: Company Press Release