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Financial News
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OMNI Energy Completes Acquisition of Industrial Lift Truck
Apr 24, 2008
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CARENCRO, La., April 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) ("OMNI" or the "Company") announced today that it has completed the acquisition of all of the outstanding common stock of Industrial Lift Truck & Equipment Co., Inc. ("ILT") for $16.25 million in cash and $4.0 million in promiss...
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OMNI Closes on $90 Million Senior Credit Facility
Apr 24, 2008
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CARENCRO, La., April 24, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) ("OMNI" or the "Company") today announced that it has closed a $90 million Senior Bank Credit Facility with Fifth Third Bank, which replaces in its entirety its existing $64 million credit facility. The new facility consists of ...
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OMNI Announces Annual Shareholder Meeting
Apr 17, 2008
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CARENCRO, La., April 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) ("OMNI" or the "Company") announced today that it has scheduled its annual shareholder meeting to be held on Wednesday, June 4, 2008 at 10:00 AM, central daylight time, for shareholders of record as of April 24, 2008. The meetin...
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OMNI to Present at BURKENROAD REPORTS 12th Annual Investment Conference
Apr 7, 2008
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CARENCRO, La., April 7, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) ("OMNI" or the "Company") plans to make a presentation to the investment community at the 12th Annual BURKENROAD REPORTS Investments Conference in New Orleans, LA. The presentation is scheduled for 11:30 a.m. Central Daylig...
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OMNI Energy Services Corp. (OMNI) Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell
Apr 7, 2008
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ADVISORY, Apr 7, 2008 (PrimeNewswire via COMTEX News Network) --
What:
James Eckert, Chief Executive Officer of OMNI Energy Services Corp.
(OMNI), will preside over the Closing Bell.
Where:
NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio
When:
Monday, April 7 at 4:00 p.m. ET
Contacts:
Ron Mogel
...
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OMNI Announces Appointment of Brian J. Recatto as President and Chief Executive Officer
Apr 2, 2008
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CARENCRO, La., April 2, 2008, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today that its Board of Directors has approved the appointment of Brian J. Recatto as the Company's President and Chief Executive Officer, effective July 1, 2008.
Mr. Recatto has significant operational and pu...
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OMNI Announces Outcome of Siemens Water Technologies Corporation Litigation
Mar 31, 2008
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CARENCRO, La., March 31, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today that the 15th Judicial District Court in Lafayette, LA, as the result of a jury verdict, has rejected the defense claims of OMNI's wholly-owned subsidiary, Preheat, Inc. ("Preheat"), in respect of claims asserted...
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OMNI Announces 2007 Results and Provides 2008 Guidance
Mar 17, 2008
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CARENCRO, La., March 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) today announced 2007 net income of $9.4 million, or $0.40 per diluted share, on revenues of $172.5 million, compared to net income of $20.9 million, or $0.89 per diluted share, on revenues of $99.0 million for 2006. Operating in...
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OMNI Energy Announces the Appointment of a New Director
Jan 23, 2008
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CARENCRO, La., Jan 23, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) today announced the appointment of Ronald E. Gerevas to its Board of Directors. Mr. Gerevas is currently a Partner in the Los Angeles office of Heidrick & Struggles, a leading global executive search firm.
Gerevas had previous...
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OMNI Energy Completes Acquisition of B.E.G. Liquid Mud Services Corp.
Jan 18, 2008
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CARENCRO, La., Jan 18, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today that it has completed the previously announced acquisition of the assets of B.E.G. Liquid Mud Services Corp. ("B.E.G.") for $7.75 million in cash and $4.0 million of promissory notes. The promissory notes will accr...
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OMNI Energy Chief Executive Officer James Eckert to Retire in 2008
Jan 7, 2008
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CARENCRO, La., Jan 07, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) reported today that James C. Eckert, President and Chief Executive Officer, announced his intention to retire during 2008. Eckert will continue serving as the chief executive officer, will assist the Company with the appointment a...
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OMNI Names Ronald D. Mogel as Senior Vice President, Chief Financial Officer
Jan 2, 2008
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CARENCRO, La., Jan 02, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) today announced that Ronald D. Mogel has been named Senior Vice President and Chief Financial Officer of the Company and is expected to begin in the middle of January, 2008.
Commenting on the appointment, OMNI's Chief Executiv...
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OMNI Names New Chief Operating Officer
Dec 20, 2007
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CARENCRO, La., Dec 20, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) today announced the appointment of Mr. Brian Recatto to the position of Chief Operating Officer. In this capacity, Mr. Recatto will have full authority and responsibility for the company's daily operations encompassing all activit...
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OMNI Energy and Other Named Defendants Discuss Employee Suit Allegations
Dec 17, 2007
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CARENCRO, La., Dec 17, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) today further described the lawsuit filed on December 12, 2007 in the United States District Court for the Western District of Louisiana by Darcy Klug, an executive vice president of the company, which makes several different clai...
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OMNI Energy Named in Suit
Dec 14, 2007
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CARENCRO, La., Dec 14, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) today announced that it has been notified that Darcy Klug, a current executive vice president of the Company, has filed a lawsuit in Lafayette, Louisiana, against the Company, certain members of its Board of Directors, and certain...
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OMNI Continues Record Pace with 3rd Quarter Results
Nov 8, 2007
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CARENCRO, La., Nov 08, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today a continuation of its record pace of operating results, in spite of being hampered by adverse weather conditions during the third quarter ended September 30, 2007. For the three months ended September 30, 2007, the...
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OMNI Executes Letter of Intent to Acquire Assets of B.E.G. Liquid Mud Services; OMNI Discusses 2007 Forecast
Oct 31, 2007
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CARENCRO, La., Oct 31, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today that it has executed a non-binding letter of intent to acquire the assets of B.E.G. Liquid Mud Services Corp. ("B.E.G.") for $11.75 million in cash and promissory notes. Headquartered in Giddings, Texas, B.E.G. mai...
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OMNI Expands Rental Operations Into Arkansas
Sep 27, 2007
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CARENCRO, La., Sept 27, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today that, because of increased customer demand for its specialized equipment rental packages in the Fayetteville Trend of Arkansas, it is now expanding these services into that region. OMNI has agreed to lease approxi...
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Omni Reports Record Second Quarter Results
Aug 6, 2007
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CARENCRO, La., Aug 06, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today record results for the second quarter ended June 30, 2007. Despite poor weather conditions that adversely impacted rig counts and oil and gas exploration activity in the ArkLaTex and Mid-Continent regions of the Un...
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OMNI Seismic Services Backlog Tops $75 Million
Aug 1, 2007
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CARENCRO, La., Aug 01, 2007 /PRNewswire-FirstCall via COMTEX News Network/ -- OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI) announced today that strong new orders have outpaced record seismic drilling levels during the first half of fiscal 2007. Further, the demand for future seismic drilling services has remained strong, with the current backlog for s...
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