Tag Archives: Slips

Grainger Offers 5 Tips to Help Prevent Slips, Trips and Falls at Work and at Home

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Lake Forest, IL (PRWEB) June 20, 2012

As part of National Safety Month, the National Safety Council (NSC) has launched Preventing Slips, Trips and Falls Week sponsored by Grainger, North Americas largest safety products distributor serving businesses and organizations globally. According to Injury Facts 2012 Edition, falls account for more than 8.7 million emergency room visits in the United States each year.

Here are 5 suggestions to help create a safer environment at work and at home.

1. CREATE GOOD HOUSEKEEPING PRACTICES

Proper housekeeping is a routine. These simple steps can help create an effective housekeeping program.

PLS – Oil and Gas Deal Activity Slips to $28.6 Billion in Second Quarter 2011

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Houston, TX (PRWEB) August 02, 2011

PLS, Inc. in conjunction with its international partner Derrick Petroleum Services reports that total oil and gas deal value for the second quarter slipped to $ 28.5 billion in 161 transactions. The dollar amount is down 31% from 2011s first quarter adjusted total transaction value of $ 41.8 billion. This $ 28.6 billion marks the first time in six quarters that global oil and gas M&A transaction value fell below $ 40 billion.

Activity in North America remained steady with 115 deals totaling $ 18.1 billion for 63% of the worldwide total. Transaction value in the US edged up 8%, to $ 14.2 billion from $ 13.1 billion in Q1, 2011. In Canada, transaction value for the quarter increased 29% from Q1 to $ 3.9 billion.

Outside North America, M&A activity fell 60% to $ 10.7 billion for the second quarter based on 46 deals. Of note, transaction value in the Europe and North Sea jumped to $ 3.9 billion from $ 181 million in the previous quarter. The balance of international activity was scattered across Asia ($ 2.2 billion), Africa ($ 1.8 billion), Central-South America ($ 1.7 billion) and former Soviet Union ($ 845 million). Only 7 countries outside of North America announced 3 or more deals, while another 6 countries including Argentina, ($ 1.3B); Hungary ($ 2.6 B); India, ($ 2.1 B); Nigeria, ($ 1.3 B); Russia ($ 616 mm) and United Kingdom ($ 723 mm) reported more than $ 500 million in transaction value. Only 6 of the 46 international transactions exceeded $ 500 million in value.

The Chinese were notably absent this quarter. Year to date, the Chinese have acquired only $ 2.8 billion this year compared to the $ 41.7 billion they spent in 2010 and $ 18.1 billion in 2009. Of course these numbers do not include CNOOCs current efforts to take over OPTI Canada (oil sands) which was announced on July 20th. Most analysts feel the Chinese are still on the hunt and will make additional acquisitions later this year.

Deal Type—

In other second quarter 2011 stats, corporate transactions accounted for 44% of the global deal value while oil transactions made up 31%, a lower number than some might think. PLS and Derrick note that 27% of the deals were driven by gas reserves while 42% of all deals included a mixture of oil and natural gas. Of the 161 total global deals, 24 transactions were valued between $ 100-$ 500 million, while another 16 deals were larger than $ 500 million. Across the globe, transactions based on unconventional resources totaled $ 10 billion or ~35% of the total.

US Activity remains steady—

In the US, 77 deals were announced for $ 14.2 billion. 80% of the deals were concentrated in Eagle Ford ($ 4.6 B); Marcellus ($ 2.3 B); Permian ($ 2.2 B); and Mid-Continent ($ 2.2 B). Asset transactions accounted for 54% of U.S. deal value followed by 24% for corporate deals. Acreage, JVs and VPP deals evenly split the remaining 22%. In the U.S., almost 60% of the total deal value was classified as unconventional. On a reserve mix- only 17% of total transaction value was classified as oil, 36% gas and 46% mixed reserves. Of course, none of the 2Q deals include BHP proposed takeover of Petrohawk for $ 15 billion which was announced July 15, 2011.

Canada—

Canadian deal making continues to lag 2010 levels. Overall, there were 38 transactions totaling $ 3.9 billion in Q2, a value significantly off 2010 levels when 55 deals were reported for $ 14.6 billion. If things dont pick up- total transaction value for 2011 is on pace to drop 60% from last year. Only three Canadian transactions for over $ 500 million have been announced this year compared to 19 large deals in 2010. Reasons for the fall off in Canadian deal-making include: conservative capital markets; a quiet oil sands sector; an uncertain natural gas market and a lack of understanding how transportation and marketing of new shale gas will shake out in the B.C. corridor. PLS believes that as oil sands developers continue to look for partners; Asian buyers jockey for LNG exposure; and other Canadian oilmen come to grip with the current natural gas price market other properties will shake out and deal activity should pick up.

To access a more detailed analysis of the second quarter, please visit http://www.plsx.com/ma.

Please Note:

PLS, Inc. and Derrick Petroleum services are partners in providing U.S., Canadian and International clients leading Global and U.S. M&A databases and services. These databases are maintained 24/7 by a team of analysts and are accessible via the web. Please refer to http://www.plsx.com/ma to learn more.

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