Release ION announces 1-for-15 Reverse Stock Split, Authorized Share Increase and amendments to 2013 Long-Term Incentive Plan following stockholder approval HOUSTON, Feb. 4, 2016–ION Geophysical Corporation (the “Company”) (IO) today announced (i) a 1-for-15 reverse stock split on shares of the Company’s common stock (the “Reverse Stock Split”), (ii) an increase in the number of […]

Release PARIS–Schlumberger Limited (SLB) and Cameron International Corporation (CAM) jointly announced today that the European Commission has cleared their proposed merger without any conditions following a Phase 1 review. As previously announced, the U.S. Department of Justice cleared the proposed merger in November 2015 without any conditions; Cameron stockholders voted on December 17 to adopt the […]

Africa Oil Corp. and Maersk Oil & Gas have completed Maersk’s  farm in on Kenyan Blocks 10BB, 13T, and 10BA. At completion, Africa Oil received $427 million from Maersk. This amount represents $344 million of reimbursed past costs incurred by Africa Oil prior to the agreed March 31, 2015 effective date of the deal and […]