Business News Archive - March 12, 2008

By CHUCK STINNETT, Gleaner staff 831-8343 or cstinnett@thegleaner.com Alliance Coal Co. in August will start hiring several hundred people for the two River View coal mines it is developing in Union County, an employment official said here Thursday.

Independent oil and gas firm TXCO Resources has increased its Fort Trinidad field-area holdings in east Texas through a $19.6 million acquisition of additional acreage and reserves.

Researched by Industrial Info Resources (Sugar Land, Texas) -- Green Plains Renewable Energy Incorporated (NASDAQ:GPRE) is expecting to put its Superior, Iowa, ethanol plant online within the next 60 days.

NEW YORK, March 12 /PRNewswire/ -- Castle Harlan, Inc., the New York private equity investment firm, announced today it has signed a definitive agreement to purchase Anchor Drilling Fluids USA, Inc., the nation's largest independent provider of drilling fluids and fluid-handling services for onshore oil and gas drilling, in a purchase valued at $250 million.

Word of the Day
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'