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Manufacturer of Performance Engineered Lubricants since 1919.
Penn America Energy (PAE) is a project-development company proposing an LNG export facility on Pennsylvania`s Delaware River. Called Penn LNG, this facility would export chilled natural gas (6.5 million tonnes annually) and be a "first" for Pennsylvania, with many advantages. The unique location of this project distinguishes Penn LNG in two cost-competitive ways. First, it is closer (within 100 to 300 miles) of the vast, low-cost Marcellus and Utica natural gas resources. And second, compared to U.S. Gulf Coast projects, it offers shorter shipping distances to Europe and many other key world LNG markets. The Delaware River ship channel has just been deepened, to enable the region`s full participation in global marine commerce. Started by a native of Pennsylvania, PAE is a team of experienced global commodity and energy professionals. We came together as a company in 2015. Our goal was to unlock more value from Pennsylvania`s newfound natural gas bounty, to benefit our investors and the communities where we would operate. Our No. 1 commitment is to plan, build and operate a facility that is safe, environmentally responsible and directly benefits the local community. The project has an eight-year timeline, including three years of comprehensive public participation and regulatory review. With startup slated for 2024, the Penn LNG project is well timed to commence LNG deliveries when global supply and demand are expected to rebalance. We are currently raising development funding for this project. We think Penn LNG offers an outstanding opportunity for investors, the Commonwealth of Pennsylvania and the local community. Learn more about the PAE team, our project and our commitment to safety, environment and the community at our company website.
Mitcham Industries, Inc. provides technology to the oceanographic, hydrographic, defense, seismic and security industries. Headquartered in Huntsville, Texas, Mitcham has a global presence with operating locations in the United States, Canada, Australia, Singapore, Russia, Hungary, Colombia and the United Kingdom. Mitcham`s worldwide Marine Technology Products segment, which includes its Seamap and Klein Marine Systems units, designs, manufactures and sells specialized, high performance, marine sonar and seismic equipment. Seamap`s products include the industry-leading GunLink seismic source acquisition and control systems, SeaLink acoustic sensor and towed streamer systems, and BuoyLink RGPS tracking systems. Klein is widely recognized as the world`s leading supplier of side scan sonar equipment. Through its Equipment Leasing segment, Mitcham believes it is the largest independent provider of exploration equipment to the seismic industry.
Pan Orient Energy is a Calgary, AB-based company in the Energy and Utilities sector.
Marathon Oil Corporation (NYSE: MRO) is an independent international exploration and production company. Based in Houston, Texas, Marathon Oil had net proved reserves at the end of 2011 of 1.8 billion barrels of oil equivalent in North America, Europe and Africa.