New Age seeking farm-out partner for South Africa block

first_imgOil and gas operator New Age Energy is seeking a farm-out partner for its Algoa-Gamtoos license offshore South Africa.New Age is the operator of the block with a 50 percent ownership, with Rift Petroleum – a subsidiary of Tower Resources – owning the remaining 50 percent.Tower Resources on Friday said New Age Energy had engaged Envoi Limited to conduct a farm-out process on behalf of both New Age and Rift to seek a partner for a material share of the license working interest, in return for funding a further 3D seismic survey over a portion of the Licence area.The new 3D seismic survey would focus on the Gamtoos basin and/or the South Outeniqua basin, the latter being part of the slope margin play being targeted by Total, Exxon and Equinor in adjacent acreage.Any prospects identified and high-graded during the processing and interpretation of the new 3D dataset could ultimately lead to a well being drilled in the 3rd Renewal Period, presently due to end in December 2023.According to Envoi, hired to carry out the farm-out process, the 9,369 km2 acreage straddles the Algoa and Gamtoos Basins, positioned at the eastern end of a series of en-echelon petroleum basins on the southern shelf margin of South Africa, which developed during the Jurassic break-up and separation of southern Africa from the Falkland Plateau of South America.Envoi said: “Recent geological reviews have shown that the true hydrocarbon prospectivity of the area has been largely unexplored by the drill bit, as historical wells were located using old 2D data and did not intersect valid closure or encountered only modestly developed reservoir sands at the fringes of the main depocentres.“Many of these old wells drilled in both the Algoa and Gamtoos Basins, however, either had shows, residual hydrocarbons and/or penetrated and confirmed three mature, wet gas to oil-prone shale source sequences of up to 4% TOC. Two of these source units lie within the Jurassic Early Syn-Rift fill and one within the subsequent Cretaceous Rift-Drift succession. Independent modelling confirms they are mature in both central basin play areas.”Envoi has said that modern 3D seismic led exploration is now required to accurately map and unlock the newly defined leads offshore.Per Envoi, the five primary leads alone are estimated capable of containing a combined ‘mean’ potential of 1.4+ billion bbls STOIIP (an upside of over 2 Billion STOIIP) and several hundred million barrels of recoverable resources in the three undrilled plays to be refined by new data.“The NewAge operated Group would now like to find a partner(s) interested in earning up to 50% of their combined 100% interest by contributing to past costs and funding a new 3D seismic survey before the current 1st Renewable Period of the Licence expires in August 2019 (estimated likely to cost US$ 7 million gross). The new partner will also have the option to earn additional interest by further contributions to an exploration well in the subsequent Licence Period,” Envoi has said.Offshore Energy Today Stafflast_img read more

McNamara undergoes surgery

first_img Conscious following the fall according to officials at the track, he was put in an induced coma before his transfer to Frenchay Hospital in Bristol. Dr Adrian McGoldrick, chief medical officer of the Irish Turf Club, has issued an update on the rider and his condition remains serious but stable. McGoldrick said: “We can confirm that amateur rider JT McNamara suffered two fractured vertebrae in his neck. “He is currently in theatre at Frenchay Hospital in Bristol. There will be no further news until tomorrow and we will keep everyone updated. “His wife Caroline is with him.” Cheltenham, the British Horseracing Authority and Jonjo O’Neill, the trainer of Galaxy Rock, have agreed the Injured Jockeys Fund will issue further information on the rider’s condition when appropriate. Press Association The 37-year-old was injured in a first fence fall from Galaxy Rock in the Fulke Walwyn Kim Muir Challenge Cup. McNamara, one of the leading amateurs on the circuit for a number of years, was airlifted to hospital after being treated by the on-course medics. center_img JT McNamara has undergone surgery on the serious neck injury he sustained in a fall at Cheltenham on Thursday.last_img read more

Angels rout Mariners in successful return for Matt Harvey

first_img Angels’ poor pitching spoils an Albert Pujols milestone “There’s obviously still work to be done, but to be able to go out and execute pitches and throw everything and just get back with these guys is what’s most important,” Harvey said. “It’s definitely good to be back.”Harvey did not allow a run over his first five innings, with the Angels helping him out of two jams with double plays. He finally gave up a run in the sixth, when Mallex Smith led off with a triple and scored on a sacrifice fly.Harvey’s velocity, which had been one of the issues during his struggles, was only mildly improved. His average fastball in his last start before his back injury was 91.9 mph, and on Saturday it was 92.3 mph.Changes to his delivery, however, may have helped hide the ball, adding to the deception and making it tougher for the hitters.Manager Brad Ausmus said the biggest improvement was in his pitch-usage.“He mixed it very well,” Ausmus said. “He didn’t get in any patterns with his pitches. He used all his pitches to righties and lefties.”Related Articles PreviousLos Angeles Angels’ Albert Pujols, right, stretches next to teammate Mike Trout before the team’s baseball game against the Seattle Mariners on Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Albert Pujols drops his bat as he watches his three-run home run against the Seattle Mariners during the seventh inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Seattle Mariners starting pitcher Wade LeBlanc pauses on the mound during the fourth inning of the team’s baseball game against the Los Angeles Angels Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez) SoundThe gallery will resume insecondsLos Angeles Angels starter Matt Harvey throws to a Seattle Mariners batter during the fourth inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Mike Trout follows through on a two-run home run against the Seattle Mariners during the third inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Seattle Mariners’ Mallex Smith, left, steals third base before the tag from Los Angeles Angels third baseman David Fletcher during the third inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Seattle Mariners’ Mallex Smith, right, steals second base next to Los Angeles Angels shortstop Andrelton Simmons during the third inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Andrelton Simmons, right, steals second base as Seattle Mariners second baseman Dee Gordon waits for the throw during the second inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Seattle Mariners’ J.P. Crawford slides into second base with a double during the first inning of the team’s baseball game against the Los Angeles Angels on Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Albert Pujols, right, is tagged out at second base by Seattle Mariners shortstop J.P. Crawford as he tried to stretch a single into a double during the second inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Shohei Ohtani smiles in the dugout before the team’s baseball game against the Seattle Mariners on Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Kole Calhoun signals after hitting a solo home run against the Seattle Mariners during the second inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels starting pitcher Matt Harvey throws to a Seattle Mariners batter during the second inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Albert Pujols (5) walks in the dugout before the team’s baseball game against the Seattle Mariners on Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Albert Pujols, right, stretches next to teammate Mike Trout before the team’s baseball game against the Seattle Mariners on Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)Los Angeles Angels’ Albert Pujols drops his bat as he watches his three-run home run against the Seattle Mariners during the seventh inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)NextShow Caption1 of 14Los Angeles Angels’ Albert Pujols drops his bat as he watches his three-run home run against the Seattle Mariners during the seventh inning of a baseball game Saturday, July 13, 2019, in Anaheim, Calif. (AP Photo/Marcio Jose Sanchez)ExpandANAHEIM — During the frustrating start to Matt Harvey’s season, there was a constant encouraging voice coming from the next locker.“Remember, you’re the Dark Knight.”When Harvey took the mound on Saturday night for the first time after seven weeks on the injured list, he brought with him those words that he’d heard so often from Tyler Skaggs.After Harvey gave up one run in 5-2/3 innings in the Angels’ 9-2 victory over the Seattle Mariners, a game that also included Mike Trout’s eighth homer in the last seven games, Harvey classified his return to the mound as a success, one in part made possible by the player who used to be his clubhouse neighbor. Jose Suarez’s rocky start sinks Angels in loss to Astros Angels’ Mike Trout working on his defense, thanks to Twitter Angels’ Shohei Ohtani spending downtime working in outfield center_img When Harvey was a dominant member of the New York Mets rotation, he was the Dark Knight, and Skaggs would not let him forget it.“Although I’m not really throwing like the Dark Knight, like I used to, he kept telling me that,” Harvey said. “When I had some rough games and got down on myself, he was always there to pick me up. That was something I definitely took out there with me today. When I started getting in my own way, I said, ‘Remember who you are and just try to get the guy out and execute each part.’ He helped me through it…“He was always there. He was next to me everyday. He told me just remember who you always are.”While the Angels will never be able to replace Skaggs in their lives, the relentless season and the team’s slim playoff hopes nonetheless demand that they find a way to replace him in the starting rotation.A day after the Angels began the game with an emotional pregame ceremony to honor Skaggs and ended it with their No. 45 jerseys on the mound following a combined no-hitter, Harvey stood on that same mound looking to begin salvaging his season. By the time the Mariners got a run against Harvey, the Angels had a six-run lead thanks an an offense that picked up where it left off after Friday night’s 13-run explosion.Kole Calhoun belted a second-inning homer just over the picture of Skaggs on the center field fence, putting the Angels up 2-0. It was the 20th homer of the season for Calhoun, and his career-high ninth against a left-handed pitcher.“I keep moving him down in the lineup against lefties and he keeps hitting home runs,” Ausmus said. “He’s been outstanding. He’s had some big home runs too. From a power perspective, a slugging perspective, he’s had an outstanding season.”An inning later, Trout blasted a two-run homer into the Angels bullpen, with Noé Ramírez snagging the baseball in his cap. It was Trout’s 30th homer of the year. Trout hit No. 30 in the Angels’ 93rd game. Trout broke his own club record, having previously hit his 30th homer in the Angels’ 98th game, in 2015.Albert Pujols padded the lead to 9-2 with a three-run homer in the seventh, his 14th of the season.The Angels collected 12 hits, including three from Luís Rengifo and two apiece from David Fletcher, Calhoun and Pujols.“That was the most incredible thing I’ve ever experienced and been a part of,” Harvey said of Friday’s performance. “The guys came out hot and that was fun to watch, obviously, and then continued to do it tonight. It’s been a good start for us for the second half. We just want to keep it going and keep that energy going and do it for our buddy over here, try and finish the second half as strong as we can.” Angels offense breaks out to split doubleheader with Astros Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Sunday blog: The economic multiplier, SRMC and the local economy

first_imgEditor’s Note — The following is a guest editorial by John Cook, who is a licensed pharmacist at Sumner Regional Medical Center. Commentary by John Cook, R.Ph. MBA — Typically, rural community residents pay little attention to their local health care system until it is needed. Consequently, many rural people have little idea of the overall importance of the health care sector to their community’s economy, such as the number of jobs it currently provides and its potential to provide more jobs. To ensure that health care services remain available locally, rural communities need to understand these economic relationships.The Economic MultiplierThe Economic Multiplier is the theory that says if an entity, be it government, business, school system, hospital etc. spends a dollar buying products or services, the money is transmitted through the economy many times over as each recipient purchases goods or services. The multiplier can be calculated and is used to evaluate how a given government policy or business decision will affect the local economy. The multiplier effect can be positive or negative.According to the Sumner County Economic Development Commission, Sumner Regional Medical Center ranks ninth in the total number of employees in Sumner County at 130 FTE’s (Full time equivalents). Sumner Regional’s annual payroll is approximately $5.75 million. In 2012 the hospital delivered $581,924 in uncompensated care at a cost of $284,941.  In 2013, SRMC supplied $798,640 in uncompensated care at a cost of $471,666.  The cost of uncompensated care is not expected to decrease for 2014 and 2015.Kansas Rural Health Works, The Importance of the Health Care Sector to the Economy of Sumner County, Kansas Hospital Association, November 2013  is a report whose purpose is to provide information resources that may be used to communicate to community leaders and concerned citizens the relative importance of health care to the local economy. The report can be found here.The report introduction states:The rapidly changing delivery of health services in rural counties has the potential to greatly impact the availability of health care services in the future. These changes include:Insufficient Medicare and Medicaid payments to hospitals and providers may force a reduction in the provision of health care services.•Although Kansas rural health networks are already fairly strong, creation of provider networks may substantially change the delivery of, and access to, local health care services.•Use of telemedicine could increase access to primary, consultative and specialty health care services at the county level.•Development of critical access hospitals could help health care services remain in rural counties.•Kansas currently has over 80 critical access hospitals.As a result, according to the report, the health care sector can have a large impact on the local economy. All of these changes make it imperative that decision makers in Sumner County become proactive in maintaining high quality local health care services.The report goes on to say:Health care facilities such as hospitals and nursing homes provide jobs and income to people in the community. As these employees spend their income in the community, a ripple spreads throughout the economy, creating additional jobs and income in other economic sectors. To help understand this important connection between the health sector and the local economy, this report will:•Discuss the role of the health sector in rural development.•Measure the employment, income, and retail sales impact of the health sector on the Sumner County economy.The report places the economic multiplier for the Health Sector Impact, Hospitals, on Employment, 2011 at 1.33 and the Health Sector Impact on Income and Retail Sales, 2011 at 1.15 for Sumner County.The impact of SRMC’s 130 employees is an additional 42.9 jobs across all businesses and industries in Sumner County (130 x 0.33 = 42.9). SRMC’s total impact on Sumner County employment is 172.9 jobs (130 x 1.33 = 172.9).The impact of SRMC’s $5.75 million payroll (direct income for hospital employees) is $6.61 million, generated in all other businesses and industries in Sumner County’s economy.In both examples, the gains would be losses to the economy if the hospital no longer existed.Kansas Health Matters Community Dashboard Homeownership reports that 65.1 percent of the housing units in Sumner County are occupied by homeowners through 2013. (See here.) SRMC employees represent 84.6 taxpaying homeowners in Sumner County.Sumner Regional Medical Center has a significant impact on the economy, and quality of life in Wellington and Sumner County. Licensed as a hospital, SRMC is required to provide emergency services, regardless of ability to pay to any individual needing services — emergency or not. These services are provided 24 hours a day, 365 days a year. By comparison, Minor Emergency and Immediate Care centers are not licensed as hospitals and are not required to provide services regardless of ability to pay. They may or may not provide services 24 hours a day, 365 days a year.SRMC provides training and education of future health professionals by serving as a training site for medical, nursing and technical school programs. Medical residents and students along with local physicians, RN and LPN nursing students, pharmacy students and Pharmacy Technician Students, Medical Laboratory Scientists, phlebotomy students, Occupational and Physical Therapy Students, from Wellington, Sumner County and the surrounding area, benefit from SRMC’s participation in their education.As you read and consider the information presented in the media regarding SRMC and its relation to the City of Wellington and Sumner County, please consider the “food for thought” presented here.Follow us on Twitter. Close Forgot password? Please put in your email: Send me my password! Close message Login This blog post All blog posts Subscribe to this blog post’s comments through… RSS Feed Subscribe via email Subscribe Subscribe to this blog’s comments through… RSS Feed Subscribe via email Subscribe Follow the discussion Comments (27) Logging you in… Close Login to IntenseDebate Or create an account Username or Email: Password: Forgot login? Cancel Login Close WordPress.com Username or Email: Password: Lost your password? Cancel Login Dashboard | Edit profile | Logout Logged in as Admin Options Disable comments for this page Save Settings Sort by: Date Rating Last Activity Loading comments… You are about to flag this comment as being inappropriate. Please explain why you are flagging this comment in the text box below and submit your report. The blog admin will be notified. Thank you for your input. 0 Vote up Vote down Big D · 265 weeks ago Place a 1% county wide sales tax to support health care. A sales tax instead of property tax draws income from all, not just property owners and would actually be getting income from where the majority of un compensated care is generated. With the income from the sales tax, split it 90% SRMC and 10% Hosp dist. #1 in Caldwell. We must educate our young and heal our sick. Report Reply 5 replies · active 265 weeks ago +13 Vote up Vote down Guest · 265 weeks ago Hopefully this opens some minds and gets people to thinking about the need for a hospital here. I am an aging resident. I have had some heart issues. I worry what will happen should I need some sort of immediate care for my heart condition in an emergency if we no longer have a hospital. I for one, will consider moving to Wichita to be closer to a hospital should this hospital close. I doubt I am the only one. Harper County has a tax-payer subsidized hospital. Have we as a community investigated to see how a town the size of Harper, who just recently increased the footprint of their hospital with a nice new addition, is making their hospital profitable? Report Reply 0 replies · active 265 weeks ago +17 Vote up Vote down MRH · 265 weeks ago Well thought out and presented. Wellington needs to think long and hard about SRMC. Report Reply 0 replies · active 265 weeks ago +10 Vote up Vote down southsideresident · 265 weeks ago It is critical that the Council and city manager maintain a very communicative relationship with the hospital administration, the health authority board and the doctors when looking at options. Much from the heart collaboration needs to go on rather than competitive, antagonistic talk. It will be tough. Tough for all of us, especially our city administration as the proposed city budget has cuts to many of the departments because of previous support of the hospital. The 2016 budget is being put together now. It will take money and ample time to look at the options. Let’s hope there is money to allow for engagement on the hospital issue. Attend the town hall meetings the mayor/council are holding (next one 7.14.15), attend council meetings, council work sessions and be aware what and for what reason cuts, decisions are being made. Report Reply 0 replies · active 265 weeks ago +2 Vote up Vote down Larry · 265 weeks ago I understand what Mr. Cook is saying and it makes sense, but the hospital, like any business cannot continue to operate if the keep losing money. At some point they either have to sink or swim. If they sink and take the city of Wellington with them then things will become a disaster. If some way can be found to support the hospital and not put a huge burden on the city and it citizens then it has to be found and soon. If not then the city has to let it go or the city will fail. The Hospital must change it way of operating or it will fail to stay open. Report Reply 0 replies · active 265 weeks ago -9 Vote up Vote down Phoebe Lord · 265 weeks ago i personally don believe a hospital is needed in Wellington, since most really serious illnesses should be sent on to Wichita, Why not make it a minor emergency center? We have them here in Enid, and we rarely have to go to a doctor office or hospital. But can be sent to one if necessary. Report Reply 0 replies · active 265 weeks ago +13 Vote up Vote down Just Sayin’ · 265 weeks ago Has anyone ever thought that maybe the hospital wouldn’t be in this situation if people paid their hospital bills..? And most of the ones who are so quick to say how awful SRMC is are the ones who owe hundreds, if not thousands, of dollars to the hospital.. Report Reply 3 replies · active 263 weeks ago -8 Vote up Vote down JustMe · 265 weeks ago So can we just take unrelated statistics and apply them as we want? Is that how it really works? Mr. Cook states “Kansas Health Matters Community Dashboard Homeownership reports that 65.1 percent of the housing units in Sumner County are occupied by homeowners through 2013. SRMC employees represent 84.6 taxpaying homeowners in Sumner County.” Sure I looked at the web site. Yes, it says 65.1% of the residents in Sumner county own the home they live in. But that says NOTHING about the hospital employees. You just can’t simply assume 65.1% of the hospital employees own their own home. He obviously felt it was important to get this made up statistic in there. Wonder why? Report Reply 7 replies · active 265 weeks ago +6 Vote up Vote down get the ball rolling · 265 weeks ago Mr. Cooks information was very informative and really made one think. Is there really a need for a hospital here in Wellington, Ks? We as a community have an option to back this hospital or see it fail. We can attend council meetings that are open to the public, we can write letters to our new city manager, we can also, pay our bills! I do understand the hardships ones face regarding bills, what is great, you can make payment arrangements with the hospital. I am one who has had to utilize this process more than a couple of times. They are actually willing to work with anyone if you are just upfront and honest. The over use of the ER is a huge problem nationwide. With the individuals who have no insurance, or the ones who have been “fired” from their doctors,or using the ER as a clinic, they do cost the hospital a lot of money. Everyone is quick to blame others for the hospitals demise, when we as a whole have helped cause this problem. The administrators are at fault, the patients that don’t pay their bills are at fault, the list goes on. It does seem clear that Mr. Eckert seems to be set on closing this hospital down, for what reasons he is going after the hospital suddenly is beyond me. Yes, the “city owned” hospital owes a lot of money to the city, we all get that. This has been an ongoing problem, the hospital has made many administrative/financial mistakes, who hasn’t? Maybe there need to be new changes regarding the administration at the hospital?? If this hospital is “failing” make cuts where they are necessary. A failing hospital can’t afford to pay millions of dollars out as it does according to Mr. Cook’s report. Make changes, unfortunately the word “layoff” does ring true. I hate to see anyone lose a job, but if we are wanting to keep this hospital floating for the time being, there may need to be “layoffs” as needed. If the hospital is gaining monies as Mr. Hernandez stated, they shouldn’t be “laid” off for too long. Then there is everyone’s solution, IMMEDIATE CARE. I am all for that, but we do need an actual ER for true emergencies, after all we are right off the turnpike, and major highways. Make and immediate care and let only TRUE emergencies go through the ER! That might generate a bit more money as it is a “pay up front” clinic which does file insurance. I have used these in Wichita on the weekends rather than come to our ER, cheaper and doesn’t keep the ER doctor from other emergencies. I could go on, but in all actuality, something does need to be done. Mr. Eckert, Mr. Hernandez, the city council, citizens of Wellington, what do you all really want? If it is to close this hospital, get the ball rolling. Everyone’s tired of hearing everyone complain about it, lets do something about it. If you all want to fight for it, then lets put up a fight. We are beating a dead horse continuing to complain about the electric bills, the bonds, etc, etc. PUT SOMETHING TO MOTION TODAY! I wish you all the best of luck! Report Reply 0 replies · active 265 weeks ago 0 Vote up Vote down Guest · 265 weeks ago Wellington SRMC needs to collect their un paid bills. By getting the bill sent out monthly, not wait 6 or 8 months to send them out. Report Reply 0 replies · active 265 weeks ago 12Next » Post a new comment Enter text right here! Comment as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Submit Comment Subscribe to None Replies All new comments Comments by IntenseDebate Enter text right here! Reply as a Guest, or login: Login to IntenseDebate Login to WordPress.com Login to Twitter Go back Tweet this comment Connected as (Logout) Email (optional) Not displayed publicly. Name Email Website (optional) Displayed next to your comments. Not displayed publicly. If you have a website, link to it here. Posting anonymously. Tweet this comment Cancel Submit Comment Subscribe to None Replies All new commentslast_img read more