Open Range Energy Corp. Reorganization Overwhelmingly Approved by Shareholders
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CALGARY, ALBERTA--(Marketwire - Nov. 1, 2011) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW
Open Range Energy Corp. (TSX:ONR) ("Open Range") is pleased to announce that it has received shareholder and court approval for its previously announced plan of arrangement (the "Arrangement"), resulting in the reorganization of Open Range into a dividend-paying, publicly traded energy services company and a separate growth-oriented, publicly traded oil and natural gas exploration and production (E&P) company.
The Arrangement was approved by 99.98 percent of the votes cast at a special meeting of Open Range shareholders and received approval from the Court of Queen's Bench of Alberta on October 31, 2011. The Arrangement is expected to become effective on November 1, 2011.
The Arrangement results in the separation of Open Range's high-quality Deep Basin E&P assets from the rapidly growing and highly profitable Poseidon Concepts modular fracturing fluid tank rental business, which was previously operated through a wholly-owned subsidiary of Open Range.
Source: Marketwire (press release)
Asus K53E-RBR4
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There are plenty of budget laptops on the market, but the lower you move in terms of price the more limited your choices become. If you really can't afford to move beyond the $600-$650 range, you may be tempted by the Asus K53E-RBR4 ($629.99 list at Staples). It's a fine basic machine, with a handsome and austere design but no other bells and whistles to speak of, but a bit of comparative shopping will turn up more capable computers for about the same amount of money.
Design
The predominant hue of the K53E-RBR4 is a deep chocolate brown, and its lid is adorned with a textured pattern of interlocking horizontal and diagonal lines that gives the laptop a snakeskin feel. The only other feature on the lid is a silvery Asus logo, located just above center. You'll find that brown color when you open up the laptop as well, on the palm rest (where the texture continues) and the keyboard deck (where it gives way to a much smoother finish). There's plenty of black inside as well: glossy on the bezel surrounding the 15.6-inch, 1,366-by-768 widescreen display (which has a webcam embedded in the top portion), matte for the space between the Chiclet-style keys, the keys themselves, and the Altec Lansing speaker bar located just above them.
Source: PC Magazine
