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Stevie Wonder, RHCP And More Dominate A BottleRockin’ Weekend Of Music

first_imgIn music festival years, BottleRock is somewhere between infancy and adolescence right now.During its four years of existence, Napa Valley’s loudest bacchanal has become as much a magnet for great music as any festival this side of Coachella, Lollapalooza and Bonnaroo. This year, BottleRock drew a sizzling slew of headliners for Memorial Day weekend that ranks right up there with the best of 2016, backed by plenty of stellar support on the bill across the festival’s four stage—five, if you include the Williams-Sonoma Culinary Stage, where famous chefs (Gordon Ramsay! Masaharu Morimoto! Michael Voltaggio! Tyler Florence!) and other random celebrities (Cheech and Chong! Mark Sanchez! Adam Richman! Taylor Hawkins from the Foo Fighters!) combined to tempt attendees with tastes only those in the front row could so much as smell.As for the music, the central appeal of the lineup for many, yours truly included, came from Stevie Wonder. The Motown legend capped off Friday on the JaM Cellars Stage with his usual melange of timeless classics, timely social commentary (that night’s theme: Vote!) and on-stage antics. Not that the Chili Peppers were at all lacking on that front. For their encore, they busted out “Around the World”—complete with drum and bass solos for Chad Smith and Flea, respectively—and “Give It Away.”But even Stevie and the Peppers paled in comparison to the sheer majesty of Florence and the Machine on Saturday night. Florence Welch stole the show, prancing around the main stage and serenading the audience, as if Wendy left Never Never Land to become a rock star.That she certainly was, from the deep opening dirge of “What the Water Gave Me” to the ecstasy of “Shake It Off” to the tenderness of “How Big, How Bold, How Beautiful.” She and her band comprised every bit the modern rock diva outfit that Stevie Nicks was in her day with Fleetwood Mac, but with an even more impressive stylistic range. Welch brought “Sweet Nothing” from Calvin Harris’ corner of electronic dance music, did more than justice to Neil Young’s “Only Love Can Break Your Heart” and offered up plenty of her and her band’s own flavor with the song that shot them into the stratosphere nearly seven years ago, “Dog Days Are Over.”Like any festival worth its salt, BottleRock offered much more music beyond the headliners. Each of the other stages supported brilliant acts, both local and global, that spanned the sonic spectrum.The Lagunitas Stage was the smallest of the four musical ones, but packed plenty of punch. I could’ve sworn the Black Keys circa 2004 were playing there on Friday. Instead, there was Black Pistol Fire, blazing its way through a set of heavy blues rock, thick with the flavor of the band’s Austin roots. On Saturday, Philadelphia’s Son Little kept that spirit alive on the Lagunitas Stage with a raspy rhythm and blues that was as much a reflection of his upbringing as a preacher’s progeny as it was a celebration of his influences, from Mavis Staples to Paul McCartney. Come Sunday, it was time for Langhorne Slim and the Law to mellow out the joint, albeit up against the Chili Peppers on the main stage across the way.The Midway Stage was exactly that: a home for acts who were too big for the smaller venues but wouldn’t draw quite enough fanfare to justify jamming at the JaM Cellars Stage.Not that you’d have known it from watching Kaleo crank out some riffy blues, including his own rendition of Nancy Sinatra’s “Bang Bang”, from behind his Ricky Martin lookalike facade. Or from listening to the Cold War Kids treat onlookers to newer tunes like “All This Could Be Yours” and “First” while indulging their long-standing fans with “Hang Me Out to Dry.” Or from Grouplove keeping the curious crowd “Tongue Tied.”And that was just on Friday. On Saturday, Midway stretched from the grungy drones of the Joy Formidable to a NorCal reunion of SoCal hip-hop legends the Pharcyde, to the roots rock reggae of Ziggy Marley. The next day, Midway shuttered its speakers after a Latin extravaganza, with Ozomatli’s outspoken-activist fusion bleeding into the brilliant, wordless instrumental duels of Rodrigo y Gabriela.Those that made it to the main stage without seizing top billing were, by and large, worthy of the venue. The underwhelm of Lenny Kravitz and Michael Franti and Spearhead on Friday were washed away first by Stevie, and then by a stellar assortment on Saturday. The Struts riffed through a rocking set, then thanked America for giving the band a platform to break out. Walk the Moon did all it could to get people moving, though the group and the crowd alike knew full well it would all spill out at the end with “Shut Up and Dance With Me.” Death Cab For Cutie dialed down the energy a bit, but for good reason; the emotions baked into their music—be it in Death Cab hits like “New Year”, “I Will Possess Your Heart” and “Soul Meets Body” to newer additions like “Black Sun” and “The Ghosts of Beverly Drive”—are what made them one of Seattle’s shining musical lights during the city’s post-grunge burnout.The JaM Stage undercard, though, wasn’t lacking for verve on Sunday. MisterWives got the throng into a groove. Then, Gogol Bordello made them move in a whole different way: heads banging, fists in the air, calves and feet turning potential energy into temporary human flight.(It’s too bad there were so many Lumineers seekers lurking before Gogol, though. Nothing disrupts a good, old-fashioned gypsy punk party like dispassionate observers waiting around for non-threatening naptime tunes.)Of all the stages, the one sponsored by Miner Family Wine featured the most eye-opening lineup.It was the best all-around stage on Friday. Fantastic Negrito transported a decidedly West Coast crowd to the Mississippi Delta with some downhome blues, spiced with plenty of East Bay grit. Frontman Xavier Dphrepaulezz (no, that’s not the work of a cat traipsing across my keyboard) was part gospel preacher, part Robert Plant. He spun painful tales about the challenges of modern American life and got a crowd antsy about Golden State’s NBA playoff prospects to chant for their Warriors to come out and play-ay.Particle kept the party going with their jaunty jams, but the real show-stopping came from none other than Buddy Guy. Whatever it is, Guy still has it, just shy of his 80th birthday, no less. When the legendary Chicago bluesman wasn’t plucking from his chosen genre’s catalogue—from “Hoochie Coochie Man” and “Boom Boom” to “What’d I Say” and “Voodoo Chile”—he was busy cussing and cracking wise, even crooning a tongue-in-cheek tune about milking a bull.That is, if his mouth wasn’t already occupied flinging the strings of his guitar, presumably to give his hands a break from melting faces.The Miner stage spent the rest of the weekend quirkin’ out. Diego’s Umbrella brought a taste of the bar mitzvah life with their version of “Hava Nagila.” Pimps of Joytime put the funk and the fury into the feet of those fortunate patrons who caught their rollicking set on Sunday.Save for Kravitz and Franti, then, BottleRock’s musicians turned out a stellar set list. No festival is perfect, especially not one that’s barely been around longer than some of the wine that was peddled that weekend, almost all for $15 or more per glass.Exorbitant prices are to be expected at this sort of shindig. So are the small portions of food granted in exchange. It’s just a shame that the dishes served weren’t at least of a higher culinary caliber, given the food hub that Napa has become.The biggest problem, though—aside from all the dust and hay that got kicked up and turned yours truly into a poster child for Benedryl on Saturday—was the cluster**** of traffic that became of the festival’s ingress and egress. Better to call it BottleNeck, not so much for the clogged roads in (though those were pretty terrible) as for the never-ending lines to leave the parking lots. Without anyone to direct cars toward the exits after the shows, getting out turned into a futile free-for-all.As if it wasn’t bad enough that the lots themselves were about a mile away from the festival grounds and cost $30 per day ($40 if you paid day of) to occupy. Pro tip: if you go to BottleRock, try parking your car on the other side of the river, where unrestricted street spots are plentiful.Fortunately, most of these logistical matters can, with more time and better planning, be ironed out. These are matters of infancy, of a festival still finding itself.Whether Napa is truly equipped to handle a gathering of this magnitude is another story. That point might be rendered moot soon enough, as Napa continues to grow.But any festival that draws acts as outstanding at BottleRock’s shouldn’t have any trouble gaining a foothold, be it in a bustling metropolitan park, a polo field in the desert or, in this case, a grassy field tucked away in some of America’s most hallowed wine country. He got the crowd rocking with his rendition of Parliament’s “Give Up the Funk,” kept them rolling through a selection of Steve standards (“Sir Duke,” “I Wish”, “Living For the City”) and surprised with both a cover of the Beatles’ “I Wanna Hold Your Hand” and an appearance by his alter ego, DJ Tick Tick Boom.To the former of those treats, the audience responded with glee. To the latter…not so much. As great as it was that Stev…errr DJ Tick Tick Boom spun tributes to this year’s fallen artists—Prince, David Bowie, Natalie Cole, Glenn Frey of the Eagles, Maurice White of Earth, Wind and Fire—the crowd quickly grew tired of the act, hoping instead to hear Stevie belt out those classic tunes himself.Fortunately for them, Mr. Wonder hung around long enough after his time on the ones and twos to send people on their way smiling and singing to “Superstition.”Stevie was the first, but not the last, of the weekend’s acts to take everyone to “Higher Ground” and get Funkadelic on his own terms. So, too, did the Red Hot Chili Peppers, who closed out the festival on Sunday with a bang…and another…and another. Between staples like “Can’t Stop,” “Dani California”, “Otherside” and “Under the Bridge,” the Chili Peppers debuted the title track to their upcoming album “The Getaway.” Like the title suggests, the song was a bit of a departure for RHCP, more mellow jam than funky freak show.center_img Josh Martin is an avid concert goer who occasionally writes for Live For Live Music. In his other life, he covers the NBA for Bleacher Report. Follow him on Twitter, Instagram and Facebook.last_img read more

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A first for Harvard

first_imgFor the first time in Harvard’s history, more than 30,000 students have applied for undergraduate admission.  Applications have doubled since 1994, and about half of the increase has come since the University implemented a series of financial aid initiatives over the past five years to ensure that a Harvard College education remains accessible and affordable to talented students from all economic backgrounds.Two other factors also may have played a role in reaching this historic number.  Three years ago, Harvard eliminated its early admission program, leveling the playing field for financial aid applicants and providing more time each fall to recruit students.  At the same time, Harvard established the new School of Engineering and Applied Sciences, which, under the leadership of Dean Cherry Murray, is increasing the visibility of Harvard’s excellence in this area.  Applications from students interested in engineering have risen considerably more than applications as a whole.“The continuing economic uncertainty, with its accompanying high unemployment and underemployment, has made affordability a crucial consideration for an unprecedented number of families,” said William R. Fitzsimmons, dean of admissions and financial aid.  “The unwavering commitment of President Drew Faust, Dean of the Faculty of Arts and Sciences Michael Smith, and Dean of the College Evelynn Hammonds to ensure that Harvard remains open to talented students from across the economic spectrum sends a powerful message to those aspiring to higher education,” he said.Harvard College’s financial aid program requires no contribution from families with annual incomes below $60,000, and about 10 percent of income from families with typical assets who make up to $180,000. The program eliminates loan requirements for all financial aid recipients.  Currently, 70 percent of students receive some form of financial aid.Precise figures on the number of applicants are not yet available, since applications are still being processed.  The final total will likely be about 5 percent ahead of last year’s 29,114, or about 30,500.This year’s results were achieved in the context of economic constraints that ultimately led to considerable change and innovation.  Like much of Harvard, the Admissions and Financial Aid Office was operating with fewer resources, after trimming its unrestricted operating budget by 15 percent.  “Faced with this challenge, our staff worked together to develop new ways of addressing our most important priorities,” said Fitzsimmons. “The changes we have made will make us more effective now and in the future at reaching out to the nation’s and the world’s best students.”With a staff that is 10 percent  smaller, a travel budget reduced by half, and the replacement of several much larger publications with a single eight-page brochure, the office has made sweeping advances in its use of electronic communications.  The Web site, message boards, e-mail, and Internet conferencing outreach by staff have been greatly enhanced.  In addition, alumni and alumnae redoubled their efforts to contact students and schools in their local areas.  “We are extremely grateful to our alumni and alumnae for taking on a greater role in visiting schools, attending college nights, and talking with students and families,” said Marlyn E. McGrath, director of admissions.  “Of course they will also interview a record number of candidates this year, providing assistance in our decision-making process and building relationships with admitted candidates that can lead to their matriculation here,” she said.The Admissions Office relied on its nearly 20-year-old joint-travel program with Duke University, Georgetown University, the University of Pennsylvania, and Stanford University to visit with prospective students, their parents, and guidance counselors in 120 cities.  A similar program continued in 20 cities, teaming with Princeton University and the University of Virginia.  The Admissions Office maintained its full support of the Undergraduate Minority Recruiting Program and the Harvard Financial Aid Initiative, student organizations that aid recruitment throughout the year.The office also is using new technologies and operating procedures to handle the processing and evaluation of the record number of applicants.  Documents — such as applications and counselor and teacher reports — are scanned electronically with an imaging system, ensuring easy recovery and making them instantly available to application readers and to admissions committee selection meetings.  Improved Web site services for alumni and alumnae enable applicant-interview reports to be submitted electronically and made available immediately as well.Similar administrative and technological advancements make it possible for financial aid officers to serve the larger number of students now receiving assistance at Harvard.  Only a few years ago, about 3,000 of Harvard’s 6,600 undergraduates were on scholarship, compared with 4,000 now, including 63 percent of freshmen.  “Better technological resources allow our financial aid officers more time to counsel and advise students and their families with the personal attention and care they need,” said Sarah C. Donahue, director of financial aid.  “Each student on financial aid has a financial aid officer to contact with questions or concerns.”Beyond the increase in numbers noted earlier, there are relatively few differences in the composition of this year’s applicant pool compared with last year’s. The gender breakdown remains about 50/50, and minority numbers are much the same (though still incomplete because some coding takes place during the reading process). Major academic preferences mirror last year’s, except for the larger increase in engineering, as well as associated increases in the physical sciences and computer science.  The geographical distribution is close to last year’s, with larger-than-average increases in the western United States and abroad.Admissions officers are now reading applications in preparation for selection meetings, the careful, individualized process that begins on Jan. 30 and concludes March 20.  Notification letters to all applicants will be mailed on April 1, and e-mails will be sent later that day to those — usually about 95 percent — who request that additional notification.“A visiting program for admitted students is scheduled for April 24 through 26,” said Valerie Beilenson, program director. Admitted students have until May 1 to make their final college selections.last_img read more

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The 60-40 portfolio is ‘broken’ as bonds face headwinds: Van Eck CEO

first_imgSearch quotes, news & videos The 60-40 portfolio is ‘broken’ as bonds face headwinds: Van Eck CEOlast_img

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Colliers International: Investor interest in Croatia is record high, and positive growth of interest will last for another two or three years

first_imgAccording to the latest research by the consulting company Colliers International, in 2017, 90% of total investments in commercial real estate relate to investments in the retail sector (retail) and HTL (hotel-tourism-leasure).Most investment and development activities come from investors who are already present in the market, and new investors are mainly focused on brownfield projects in the HTL sector. The total value of real estate transactions and investments in 2017 was 320 million euros in a total of 22 projects, Colliers points out and predicts that the positive growth of investor interest will continue in the next two or three years, while the retail sector and HTL will continue be the most attractive to investors. It is of great importance that Croatia in this period capitalizes on the fact that it is a sought-after investment destination, is the conclusion of the annual survey on trends in the real estate and investment sector in Croatia for 2017 and 2018 forecasts of Colliers International.The HTL market in Croatia is very active, but investors often face a lack of projects According to the Central Bureau of Statistics, Croatia recorded 2017 million tourist arrivals in 17,4, which is 12% more than last year, and which is the main reason for the record high interest of domestic and foreign investors in our market. Most activities in the HTL market come from local investors, so in the first half of 2018. Adris Group bought a 77,8% stake in Expert which has a 58,6% stake in HUP-Zagreb, which owns 9 hotels in Zagreb and Dubrovnik. In 2017, Adris Grupa took over the unfinished Hotel Marjan in Split by purchasing the debt of Adriatic dd from the bad bank HETA. With these transactions, Adris will further expand its hotel portfolio in top locations – Dubrovnik, Split, Rovinj and Zagreb. The biggest investment in 2017 comes from a local investor Valamar Riviera, which opened two resorts in Istria, Valamar Family Life Bellevue Resort 4 * and Valamar Girandella Resort 4 * / 5 *, with a total of 764 accommodation units.Ongoing projects Maistra (COM)Adris group) develops a new 5-star hotel in Rovinj, which will consist of 193 rooms and 16 luxury suites. The total investment is about 80m euros. The opening of the hotel is planned for the first half of 2018. In the first half of 2017 on Tower B in the complex Westgate works have started in Split, and the new tower will consist of a hotel with 193 rooms and it is planned to open in the second half of 2018. Arqaam Capital with a hotel brand Four Seasons should start in 2018 with the construction of a luxury tourist resort in the bay of Brizenica on the island of Hvar. The resort will feature the Four Season Hotel and 60 luxury villas. So far, most activities in this segment come from small project investors, who most often target smaller first-row projects to the sea, for less risk and faster return on investment.In 2018, large activities in the HTL sector are expectedThe privatization of several state-owned hotel companies in Croatia is under way, while the Center for Restructuring and Sales (CERP) accepted the offer for the majority share of hotel Makarska (55,5%) from the highest bidder Valamar Riviera (in cooperation with the pension fund Allianz ZB). Valamar Riviera offered EUR 23,3 million, which is EUR 3 million more than the starting price. CERP has also accepted an offer from pension funds PBZ Croatia i First for a hotel company Jadran in Crikvenica (71%). They offered 26,9m euros. At the same time, CERP rejected the Czech offer Czech J&T IB Capital Markets to purchase a majority stake in the group Hotel Maestral (69%) in Dubrovnik due to the small amount of planned investments in hotels in such an attractive position. The government has announced a new tender to find another private investor, which is currently active.German tour operator TUI bought 50% of the company Punta Zlatarac Tučepi from the hotel Tučepi, part Sun groups for 31,5 million euros. MK Group she acquired it from Serbia Skipper Resort in Istria from the bad bank HETA. Skipper Resort consists of luxury Kempinski Adriatic Hotel 5 * with 186 rooms, 200 suites and 22 villas and an 18-hole golf course.last_img read more

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Dani Ceballos reacts to long-awaited Arsenal return as Mikel Arteta rates his performance

first_img Coming Next Full Screen Rio Ferdinand tells Ole Gunnar Solskjaer to drop struggling Top articles About Connatix V67539 by Metro Ceballos was brought into the side to provide more creativity (Picture: Getty)Arteta felt he wanted a more creative presence in his midfield to unlock Newcastle’s deep defence at the Emirates and was happy with Ceballos’ display in the 4-0 win, also praising his efforts in training to win back his place.AdvertisementAdvertisementADVERTISEMENT Manchester United captain Harry Maguire PLAY Metro Sport ReporterMonday 17 Feb 2020 12:23 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link15.1kShares Dani Ceballos reacts to long-awaited Arsenal return as Mikel Arteta rates his performance SPONSORED Asked if both Ceballos and Mesut Ozil being in the starting XI could become a regular occurrence, Arteta replied: ‘Depending how they are, how they train, how they perform.‘But I thought Dani was ideal for that game, in that position, today. The way he has been training he completely deserves a chance and I’m so glad with his performance.’In another interview with BBC Sport, he added: ‘He was injured and when he started to train I didn’t think he was fit enough. He completely changed his behaviour and trained like an animal. I thought he was the best player on the pitch.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing ArsenalCeballos missed over a month with a hamstring injury and then struggled to force his way into Arteta’s thinking after Unai Emery was sacked.But he was thrilled to return to Premier League action, writing on social media after the game: ‘There’s only one thing better than being back in the team after a long-lasting injury: winning in the Emirates Stadium in front of our supporters!‘We keep fighting! Let’s go Gunners!’Arsenal’s thumping victory over Newcastle sees them move up to 10th place in the Premier League table, six points adrift of fifth place which could become a Champions League berth if Manchester City’s expulsion from the competition is upheld.MORE: Ian Wright rates Arsenal’s chances of qualifying for the Champions League after Newcastle winMORE: Graeme Souness slams Pierre-Emerick Aubameyang for comments after Arsenal’s win over NewcastleMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City Visit Advertiser website GO TO PAGE Read More Skip Ad Read More 1/1 Video Settings Skip 1 min. story Comment Read More / Read More Advertisement The Spanish midfielder missed Arsenal’s last 14 Premier League matches (Picture: Getty)Mikel Arteta has praised Dani Ceballos’ performance in Sunday’s win over Newcastle while the midfielder was thrilled to play in the Premier League for the first time since November.Ceballos’ future was up in the air during the January window, with rumours suggesting he wanted his loan with the Gunners terminated so he could return to La Liga and get more game time ahead of the Euros.But he remained in north London and, after finally overcoming his injury issues, made his first Premier League appearance since a 1-1 draw with Wolves on November 2. Advertisement Read Morelast_img read more

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Pennsylvania Readies Significant Public Information Effort to Assist Papal Visitors, Residents

first_img Infrastructure,  Papal Visit,  Press Release,  PSA Harrisburg, PA – Governor Tom Wolf today announced that his administration will maintain a robust and significant public information effort to inform and prepare the public for the events surrounding the Papal visit.Additionally, state agencies will support the City of Philadelphia, the federal government and other partners with public safety, transportation and public health for Pope Francis’ historic visit to Philadelphia.“The commonwealth will do all we can to support and assist our federal and local partners and to make sure people are safe during the Papal visit,” Governor Tom Wolf said. “Our priority is to help people be prepared and safe and to ensure people from across the country and world can enjoy this tremendous event.”Agencies involved in the weekend’s events — primarily the Departments of Transportation, Health, Human Services, as well as the Pennsylvania Emergency Management Agency — will be tweeting preparedness tips and helpful information throughout the Papal Visit and into Monday. The governor’s Twitter account will also be putting out preparedness and visitor information over the course of the next five days.PennDOT has regional and statewide accounts populated by the PA 511 traveler alert system, which offers real-time alerts on emergencies and travel conditions for travellers. PennDOT and the Pennsylvania Turnpike Commission also launched http://papal511.com to help those travelling to and around the festivities in Philadelphia this weekend.If there are any unplanned incidents involving PennDOT roads, public health, or public safety, we will also be using these accounts as well as the Pennsylvania State Police’s social media to post updates for the public.Accounts posting updates include:@GovernorTomWolf@PennDOTNews (Real time alerts: @511PaPhilly and @511PaStatewide)@PAHealthDept@PAHumanServices@ReadyPA@PAStatePolice Visitors and residents are also encouraged to follow the City of Philadelphia’s social media accounts, including @PhiladelphiaGov, @PhilaOEM, @Philly311, @PhillyPolice, and @PHLPublicHealth, along with the official account of the World Meeting 2015 (@WMF2015) and @RedCrossEasternPA.For more information on preparedness, residents and visitors are encouraged to read the Commonwealth’s Papal Visit FAQs (also in Spanish), and tips from Pennsylvania Department of Health and the Pennsylvania Emergency Management Agency.Communications personnel from the Governor’s Office and state agencies will also staff both the Media Filing Center in the Pennsylvania Convention Center and the U.S. Secret Service’s Joint Information Center beginning today.# # # SHARE Email Facebook Twitter Pennsylvania Readies Significant Public Information Effort to Assist Papal Visitors, Residentscenter_img September 24, 2015last_img read more

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Governor Wolf Announces New Funding for Agriculture, Business Development Projects

first_img SHARE Email Facebook Twitter Governor Wolf Announces New Funding for Agriculture, Business Development Projects Economy,  Press Release Governor Tom Wolf announced the approval of four projects through the Commonwealth Financing Authority that will spur economic development, create jobs, and support Pennsylvania’s agriculture industry.“As we look toward the future after we emerge from the COVID-19 pandemic, it is critical that we make smart, strategic investments that will help stabilize our economy and support Pennsylvania’s agriculture and business communities,” said Gov. Wolf. “The funding awarded today will lay the groundwork for that future. Our investments today will provide for a more secure tomorrow.”The approved projects, which were recommended by CFA at Thursday’s board meeting, are as follows:First Industries FundJacob and Lindsay Light, through the Lebanon Valley Economic Development Corporation, were approved for a $400,000 First Industries loan to construct two 31,500-square-foot broiler houses. The project site is located in Bethel Township, Lebanon County. The total project cost is $1.25 million.Jeffery and Fawn Bomgardner, through the Lebanon Valley Economic Development Corporation, were approved for a $400,000 First Industries loan to construct two 31,500-square-foot broiler houses. The project site is located in North Annville Township, Lebanon County. The total project cost is $1.25 million.Reu-Hel Farms, Inc., through Greater Berks Development Fund, was approved for a $400,000 First Industries loan to construct three developer duck houses totaling 61,800 square feet. The project site is located in Centre Township, Berks County. The total project cost is $1.97 million.Business in Our SitesSR424, LLC, through the Greater Hazleton Community Area New Development Org, Inc, was approved for a $4 million Business in Our Sites grant and a $6 million Business in Our Sites loan to complete phase one of the Crossroads Point Business Park in Hazle Township, Luzerne County. The site consists of 693 useable acres of mine-scarred land being developed by Merical Commercial Real Estate Services. Phase one will develop the first 197 acres that, once completed, will include six buildings with 1,272,500 square feet of Class A flex/industrial space. The project will create 522 jobs and will include a total private investment of $50.9 million. Business in Our Sites funds will be used for infrastructure and engineering costs. The total project cost is $14,061,064.More information about the Commonwealth Financing Authority can be found on the Department of Community and Economic Development (DCED) website. To stay up-to-date on all Pennsylvania economic development news, follow DCED on Twitter, Facebook, and LinkedIn, and be sure to sign up for the department’s monthly e-newsletter.center_img May 15, 2020last_img read more

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Hamptons-style home sells for multi-million dollar price at auction

first_img54 Edith Street Alderley Qld 4051. Picture: Realestate.com.auA crowd of more than 100 gathered to watch a Hamptons-style home at Alderley sell for $1.32 million at auction on May 27.The sale broke the previous street record of $935,000, which was set when the same address, then a rundown house on a double block, sold in April last year.The auction of the new and improved 54 Edith St attracted 15 registered bidders. More from newsFor under $10m you can buy a luxurious home with a two-lane bowling alley5 Apr 2017Military and railway history come together on bush block24 Apr 2019A large crowd attended the auction of 54 Edith St, Alderley. Photo: Mark CallejaAn opening bid of $850,000 got things started and within five minutes five buyers placed 22 bids to push the price to $1.31 million. At that point, auctioneer Peter Burgin paused the auction to seek vendor instructions.After some negotiations, the highest bidder increased the bid to $1.32 million and the property was called on the market and sold. 54 Edith Street AlderleyThe new owners, a couple with a young child, placed the second bid at the auction and were determined to have the last word.Marketing agent Matthew Jabs, of Place Newmarket, said this was a big sale for the area. “We had about 200 people inspect (the home) and a lot of that was on the back of the quality of the house,” he said.Mr Jabs said buyers looking at the property were mostly owner-occupiers.last_img read more

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IOG eyes Maersk rig for Harvey appraisal well

first_imgAlongside preparations for Harvey, the company’s focus remains firmly on reaching Final Investment Decision (FID) at the earliest feasible time on its Core Project, which comprises 410 BCF, of 2P+2C reserves and resources across six discovered Southern North Sea (SNS) gas fields.A number of well-funded potential partners are progressing their work as part the previously announced farm-out process. On success, this process could provide valuable funding optionality via a development carry which would significantly reduce the new capital required for its Core Project.Management expects to select a preferred partner in 1H 2019, thereby enabling an optimal choice between an industrial and/or capital markets funding solution for Final Investment Decision (FID). First Gas is planned to be delivered within 20 months of FID.Andrew Hockey, CEO of IOG commented: “We are very pleased to be working with Maersk Drilling, Halliburton and Fraser Well Management on the exciting high-impact Harvey appraisal well, which has the potential to significantly enhance our SNS gas project. The Maersk Resilient is an excellent rig which we have secured with a summer slot which, with typically more benign weather, should also help to minimize operational risks.“In parallel, we remain resolutely focused on progressing the Core Project, and in particular pushing ahead with the farm-out process. We continue to be encouraged by the progress made with potential farm-in partners and are focused on delivering an attractive transaction that allows us to progress to FID this summer.”Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options. Harvey objective  Farm-out ahead  The primary objective of the Harvey appraisal well is to confirm gas resource volumes which management estimate at 85/129/199 BCF Prospective Resources in the Low/Best/High case, with a 63% Geological Chance of Success. These estimates are the result of Pre-Stack Depth Migration (PSDM) 3D seismic reprocessing undertaken during 2018 which provided a more accurate map of the Harvey structure, which is held 100% by the company following the successful acquisition of the Harvey East license in the 30th License Round.The PSDM work also showed up prospects in the Harvey and Harvey East licenses that could be matured into further step-out exploration opportunities drillable from a future Harvey platform. The Harvey East license also contains the Redwell discovery on which further technical work is ongoing to establish commerciality.Harvey is centrally located within IOG’s asset portfolio, close to the fully-owned and proven 550 MMcfd capacity Thames Pipeline. IOG said that, if successfully appraised, the additional scale and synergies of a Harvey development could substantially enhance the portfolio’s overall value and returns. Independent Oil and Gas (IOG) has made progress with preparations to drill the high-impact Harvey appraisal well located in the UK North Sea. The company has selected a jack-up drilling rig, appointed a well operator, and is finalizing an agreement with Halliburton for the provision of offshore drilling services.Maersk Resilient rig. Source: Maersk DrillingThe company said on Tuesday it had signed a letter of intent with a view to contracting with Maersk Drilling for the 2008-built Maersk Resilient jack-up rig to drill the Harvey appraisal well.The well is planned to follow on directly from the rig’s current campaign, with the spud date at Harvey currently expected to be in July. Information on Bassoe Offshore shows that the rig’s dayrate under the contract with IOG will be around $80,000.According to Maersk Drilling’s fleet status report from February 2019, the Maersk Resilient was awarded a 120-day contract by Ithaca Energy in the UK with start date set for April.IOG said that, in the success case, with full coring and testing, the Harvey well would be expected to take approximately two months.The company is also close to finalizing a contract with Halliburton Manufacturing and Services to provide offshore drilling services on the Harvey well.Fraser Well Management Ltd has already been appointed as Well Operator for the well. The relevant geophysical and geotechnical surveys for the Harvey well have already been carried out by Fugro GB Marine Ltd in late 2018.Following the company’s successful equity fund-raise in April 2019, required long-lead items have been ordered and the relevant regulatory approvals and permits reflecting the choice of the Maersk Resilient are being submitted to the OGA for final approvals. These are expected to be granted at the relevant times ahead of the spud date to ensure timely operations.last_img read more

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Murder suspect nabbed

first_imgGolez was caught on the strength of anarrest warrant around 5 a.m. on March 5, a police report showed. The suspect was detained in the lockupcell of the Talisay City police station. Police identified him as 25-year-oldresident Roberto Golez. BACOLOD City – Charged with frustratedmurder, a man was arrested in Barangay Guimbala-on, Silay City, NegrosOccidental. The court recommended a P200,000 bailbond for his temporary liberty./PNlast_img

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