Thursday Cal Dive acquires marine construction vessel Cal Dive International Inc. has acquired the marine construction vessel, the Eclipse. Terms of the acquisition were not disclosed. Cal Dive, headquartered in Houston, is an energy service company specializing in well operations and subsea construction. Falcon, which began injecting gas on Tuesday, said increased local production, reduced demand on the Lone Star and TXU Fuels pipeline systems, and maintenance work on the NGPL Bridgeport Lateral has created a gas surplus in the vicinity of the Worsham-Steed facility. In October 2000, Falcon purchased the Worsham-Steed Facility from TXU Fuels Co., which ceased gas storage operations at the facility in 1997.
Falcon is a gas storage company based in Houston.
The property lies adjacent to Tonner Hills, Nuevo's 790-acre proposed residential development in unincorporated Orange County. The transaction value reflects the persisting scarcity of housing in Orange County in general, and the high level of demand for land suitable for residential development in the Brea area specifically. Nuevo is a Houston-based energy company. Thursday Enchira to convert preferred shares Enchira Biotechnology Corp. has received commitments from the holders of 70 percent of its outstanding shares of Series B preferred stock to convert their shares of Series B preferred into shares of the company's common stock at the current Series B preferred conversion rate. In exchange for this conversion, the company has committed to pay these Series B preferred holders in cash all accrued but undeclared and unpaid dividends on the Series B preferred to date.