subject: Ssho.pk, Rrc, Mmlp Update With A Update On Wmz Financial Results - Pennytobuck.com [print this page] South Shore Resources IncSouth Shore Resources Inc. (Pinksheets:SSHO) reported that it has conducted independent third party evaluation, testing and verification of the HyProStar Series of Hydrogen Generating Modules. The objective of the evaluation and test was to evaluate, test and verify the impact that the HyProStar Series of Hydrogen Generating Modules has on fuel economy and fuel efficiency. The results of the evaluation and testing indicated and verified by DaSilva Racing are that the HyProStar Series of Hydrogen Generating Modules have increased in fuel economy and fuel efficiency. South Shore believes that its HyProStar Series of Hydrogen Generating Modules are an obvious aftermarket alternative to Rising Fuel Prices and Harmful Greenhouse Gases.
RANGE RESOURCES CORPORATION (NYSE: RRC) announced that it intends, subject to market conditions, to publicly offer $350 million aggregate principal amount of senior subordinated notes due 2020. The offering and sale of the senior subordinated notes is pursuant to an automatic shelf registration statement on Form S-3 filed today with the Securities and Exchange Commission (SEC). RRC intends to use a portion of the net proceeds from the offering to redeem $200 million in outstanding principal amount of RRCs outstanding 7.375% Senior Subordinated Notes due 2013 in accordance with the terms of the indenture under which those notes were issued, and the remaining proceeds to pay down a portion of the outstanding balance of RRCs senior credit facility.
Martin Midstream Partners L.P. (Nasdaq:MMLP) announces the appointment of Charles Henry "Hank" Still as a new member of the board of directors of Martin Midstream GP LLC (the "General Partner"), which is the general partner of MMLP. Mr. Still, age 67, is a partner and head of the Houston corporate practice group in the law firm Kelly Hart & Hallman LLP, having more than 40 years of experience in multiple aspects of corporate law. Prior to joining Kelly Hart & Hallman LLP in 2008, Mr. Still was an associate and partner in the law firm Fulbright & Jaworski L.L.P. from 1968 until his retirement in 2008. Mr. Still is currently on the board of directors of OYO Geospace Corporation. Mr. Still holds a J.D. from the University of Texas School of Law and a B.B.A. in accounting from Texas Tech University. He is also an Adjunct Professor of Law at the University of Texas School of Law.
Williams Pipeline Partners L.P. (NYSE:WMZ) announced unaudited second-quarter 2010 net income of $9.7 million, compared with $11.6 million for second-quarter 2009. Net income per limited-partner unit for second-quarter 2010 was $0.29, compared with $0.35 for second-quarter 2009. For the first six months of 2010, net income was $21.6 million, compared with $25.2 million for the first six months of 2009. Net income per limited-partner unit for the first half of 2010 was $0.64, compared with $0.76 for the first half of 2009. Year-to-date through June 30, distributable cash flow for WMZ's limited-partner unitholders was $23.7 million, or $0.70 per limited-partner unit, compared with $22.6 million, or $0.67 per unit for the same period in 2009.
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