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Anadarko Petroleum has inked a definitive agreement with an unnamed party to enter a joint-venture capital carry arrangement for its ownership in the Lucius development project located in the Gulf of Mexico.
Under the terms of the arrangement, the company will be carried for $556m, which is estimated to represent 100% of its expected capital obligation through the anticipated date of first production at Lucius.
The company will pass on a 7.2% working interest in the Lucius development located in 7,200ft of water and includes portions of Keathley Canyon Blocks 874, 875, 918 and 919.
It will continue as operator with a 27.8% working interest.
Anadarko president and CEO Al Walker said the agreement further enhances the capital efficiency of its investment in the estimated 300-plus-million barrels of oil equivalent (BOE) Lucius development.
"We look forward to closing this agreement and working with our prospective partner and the other Lucius co-venturers to advance this project on time and on budget toward first production in the second half of 2014," said Walker.
The project will be developed by a truss spar floating production facility, which is being built to produce more than 80,000 barrels of oil a day and 450 million cubic feet of natural gas each day.
The deal will close in 2012, subject to existing preferential purchase rights and other conditions.
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Favorite Bathroom Paint Colors 2012Reviewed by Agung on Jul 7Rating:
Interior trends change every year, including trends of interior paint colors. And this time, we will discuss about trends of bathroom paint colors 2012. As we know, bathroom is one of the important parts of a house. We certainly do not want the perfect impression of our home is gone just because the wrong paint colors in our bathroom. The effect of the wrong paint colors is the bathroom will feel out of tune and dull. So let?s know what the favorite colors in bathroom paint color trends 2012 are before you rush to the store to buy new paints.
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According to a home interior decorator, the trends of bathroom paint colors 2012 are softer than the previous year. Last year people liked bold colors such as red and yellow, but this year people prefer blue and green. Blue is already a favorite bathroom paint colors for a long time because it gives a clean impression. Meanwhile, green will give a natural impression. Both colors are then can be combined with white colors on the cabinets and the ceiling for more clean and comfortable impression. Lighting is also adjusted brightly to accentuate the clean impression.
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Although soft colors are more popular in the trends of bathroom paint colors 2012, but there are also people who still like bold colors, just with slightly different combinations. White is combined with red and orange. For example a bathroom that uses white paints may have a red shower or orange cabinets. This color combination usually can be found in contemporary style bathrooms. While Victorian style bathrooms still prefer to use a metallic color like gold or silver to strengthen their luxury impression.
Paint is not only about colors of the walls, but also the colors of the ceiling. Paint colors for the bathroom ceiling should be of pale hue, such as pale aquamarine, pale green or pale pink. This will be a nice color combination with white walls. As a matter of fact, if the bathroom walls are blue, green, or brown, the best colors for the ceiling are white, pale cream, or ivory. These colors will support the lighting on the bathroom ceiling. Even the mirror lights will be bright enough and comfortable to the eyes.
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Talking about bathroom paint colors 2012 is not complete without considering the bathroom decor. This year, wooden is the favorite. Wooden materials will complement the natural impression of the blue and green paint colors. You can choose wooden toilet seats, wooden countertops, wood-bordered sinks and bathtubs and even wooden flooring. For more unique natural atmosphere, you can choose bamboo. Bamboo is now made into neat flooring and bathroom cabinets. However, if you still prefer metal, it is also not a bad choice. Choose light metal cabinets, and mirrors that are made from beautiful recycled glass for your bathroom. With these, the natural paint colors you have selected will remain appropriate. We hope this article about bathroom paint colors 2012 is useful for you. Enjoy painting your bathroom!
Source: http://www.homeimprovement8.com/favorite-bathroom-paint-colors-2012/
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FILE - In this July 3, 2012 photo, an aircraft makes a drop on the Quail Fire above Alpine, Utah. The demise of a California company that built a device that sprays fire retardant from U.S. military C-130 cargo planes has some experts worried that a lack of spare parts and maintenance could create more problems for a program with a long record of success in fighting wildfires. Aero Union of Sacramento closed last year after the U.S. Forest Service canceled a contract worth a guaranteed minimum $14.5 million a year for six civilian air tankers, saying the company wasn?t keeping up with inspections. (AP Photo/The Salt Lake Tribune, Chris Detrick )
FILE - In this July 3, 2012 photo, an aircraft makes a drop on the Quail Fire above Alpine, Utah. The demise of a California company that built a device that sprays fire retardant from U.S. military C-130 cargo planes has some experts worried that a lack of spare parts and maintenance could create more problems for a program with a long record of success in fighting wildfires. Aero Union of Sacramento closed last year after the U.S. Forest Service canceled a contract worth a guaranteed minimum $14.5 million a year for six civilian air tankers, saying the company wasn?t keeping up with inspections. (AP Photo/The Salt Lake Tribune, Chris Detrick )
FILE - In this July 3, 2012 photo, an aircraft makes a drop on the Quail Fire above Alpine, Utah. The demise of a California company that built a device that sprays fire retardant from U.S. military C-130 cargo planes has some experts worried that a lack of spare parts and maintenance could create more problems for a program with a long record of success in fighting wildfires. Aero Union of Sacramento closed last year after the U.S. Forest Service canceled a contract worth a guaranteed minimum $14.5 million a year for six civilian air tankers, saying the company wasn?t keeping up with inspections. (AP Photo/The Salt Lake Tribune, Steve Griffin)
FILE - In this July 3, 2012 photo. an aircraft makes a drop on the Quail Fire above Alpine, Utah. The demise of a California company that built a device that sprays fire retardant from U.S. military C-130 cargo planes has some experts worried that a lack of spare parts and maintenance could create more problems for a program with a long record of success in fighting wildfires. Aero Union of Sacramento closed last year after the U.S. Forest Service canceled a contract worth a guaranteed minimum $14.5 million a year for six civilian air tankers, saying the company wasn?t keeping up with inspections. (AP Photo/The Salt Lake Tribune, Steve Griffin)
FILE - This June 25, 2012 file photo shows a U.S. Air Force plane flying over the Waldo Canyon fire west of Colorado Springs, Colo. The demise of a California company that built the device that sprays fire retardant from these U.S. military C-130 cargo planes has some experts worried that a lack of spare parts and maintenance could create more problems for a program with a long record of success in fighting wildfires. (AP Photo/The Denver Post, Joe Amon, File)
CHEYENNE, Wyo. (AP) ? The demise of the only company that manufactured a device specially designed to spray fire retardant from the back of U.S. military C-130 cargo planes has some experts worried about the future viability of a program that has helped fight wildfires for 40 years.
The Modular Airborne Firefighting System is a bus-sized device that can be shoved into the belly of a cargo plane and then used to spray retardant, or slurry, at 3,000 gallons in less than 5 seconds. The $4.9 million device's only manufacturer, Sacramento, Calif.-based Aero Union, went out of business in August, and no other company has replaced it. Critical spare parts also are no longer being made.
The MAFFS C130s are operated by three National Guard and one reserve unit in Wyoming, Colorado, North Carolina and California. Wyoming's MAFFS have been deployed as far away as Indonesia. Last year, MAFFS C-130s flew to wildfires in Arizona, New Mexico, Texas, Oregon and Mexico. They've been critical again this year against wildfires in Colorado, Montana, Wyoming and South Dakota.
"Thank God we have them. Can you imagine if we didn't have them?" said Tony Morris with the Wildfire Research Network, a Pacific Palisades, Calif., group that advocates for improved means to fight wildfires.
"At what point can we maintain control, or at what point do these fires burn out of control?"
Aero Union closed after the U.S. Forest Service canceled a contract worth a guaranteed minimum $14.5 million a year for firefighting services by six P-3 Orion air tankers. The Forest Service said Aero Union wasn't keeping up with inspections for those planes.
Aero Union is contesting the revocation in federal administrative court. Dallas-based Comerica bank foreclosed on Aero Union and offered the MAFFS-related assets at auction last winter. They failed to sell.
A bank spokesman declined to discuss any plans for those assets.
The Forest Service has stockpiled enough major parts, can source many smaller parts, and can mend the biggest parts no longer being made to keep the system running, said Scott Fisher, MAFFS coordinator for the Forest Service.
"The system was built for at least 20 years," he said. "I would not be surprised to see this thing fly for a full 30 years."
Eight of the planes were flying until a North Carolina Air National Guard C130 crashed in South Dakota on July 1, the first major accident in MAFFS program history. The crash killed four of six crew members and was still being investigated.
Forest Service officials said it was too soon to say if the MAFFS device on board, or any portion of it, might be salvageable.
"They can probably patch them up. But I think there may still be some issues on the unit itself where they may need an engineering team to get in there and work out any bugs," said Mike Archer, a wildfire consultant in Glendora, Calif.
The loss of technical help, especially, could prove troublesome while the Forest Service works out bugs in the latest-generation MAFFS II system in use since last year, he suggested.
"They haven't really used them enough, I don't think, to find out some of the problems," Archer said of the Forest Service and its workers contracted to maintain the MAFFS.
Forest Service officials insist the system is and will remain viable for years to come.
Meanwhile, the Forest Service has contracted technicians in California, Wyoming and Idaho to maintain the MAFFS. An in-house engineer at the National Interagency Fire Center in Boise, Idaho, can help troubleshoot any bugs, Fisher said.
"In any new system you're going to have some issues come up, and we've been able to work through them," Fisher said.
Aero Union's last chief executive, Britt Gourley of Seattle, declined to comment on the system's continued viability.
"I may have my personal opinions, but I keep them to myself. I don't know. I wish the Forest Service well and wish all the folks involved well," Gourley said.
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6 hrs.
John Roach
Referees of the beautiful game got a 21st-century assist with the official approval of goal-line technology Thursday from the sport?s main governing body.
The International Football Association Board approved Hawk-Eye and GoalRef technologies to determine when a ball has fully crossed the goal line, thus counting for a score.?
The technology is a first for a sport that has long relied on human judgment alone, often to the?chagrin of fans treated to replays of disputed calls. Many remember a?controversial non-goal ref?call?in the 2010 World Cup that eliminated England from the tournament that Germany went on to win.
The Hawk-Eye system uses an array of six cameras positioned around the goal to track the flight of the ball. The separate views are combined to create a 3-D representation of the ball?s path. A radio signal alerts the referee when a goal is scored. The process takes less than a second.
The camera-system has been used in cricket and major tennis tournaments over the past decade, including Wimbledon.?
The GoalRef system employs a soccer ball embedded with a special chip along with sensors in the goal posts and crossbar that produces a low-magnetic field.?
The magnetic field is equivalent to a light-curtain. When the ball completely passed through it, the magnetic field changes and referees are alerted to the goal with an encrypted radio signal. The ?goal? message is displayed on their wristwatch.
The GoalRef technology was developed at the Fraunhofer Institute for Integrated Circuits. To date, the developers have used balls made by Select, a Danish manufacturer, but said all approved balls can be equipped with the technology.
FIFA aims to introduce the goal-line technology at the Club World Cup in Japan this December at a cost of about $200,000 per stadium. It will certainly be in place for the 2014 World Cup in Brazil.?
The use of technology in soccer has long been controversial, unlike in many?major U.S.?sports leagues where instant replays are standard fare (think American-style football, for example).?
The IFAB?s approval came with the emphasis that ?technology will only be utilized for the goal line and for no other areas of the game.?
Major League Soccer, the New York Times notes, has long offered to test goal-line technology and ?will doubtless be one of the first leagues to embrace the new system.?
??via The Verge, New York Times, AP
John Roach is a contributing writer for msnbc.com. To learn more about him, check out his website and follow him on Twitter. For more of our Future of Technology series, watch the featured video below.
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Columbia Pictures
Dr. Curt Connors (aka The Lizard) in the New York sewers. He is visited by a mysterious man who could be Norman Osborn in a scene during the end credits.
By Cody Delistraty
Spoiler warning: Don't read this if you don't want spoilers for "The Amazing Spider-Man" and possibly its sequel.
Checking out "The Amazing Spider-Man" this week? Don't leave?the theater?right after the end credits start to roll. If you do, you'll miss?a tantalizingly brief scene?that hints at questions the movie left unanswered.
In the scene, Dr. Curt Connors (aka The Lizard) sits alone in a cell. Lightning flashes and a cloaked man appears between two slivers of moonlight.
?Did you tell him about his father?? the mysterious man asks Connors.
Connors says that he told young Peter nothing about his father Richard Parker, and nobly pleads that Peter be left alone. The shrouded man quickly disappears with another strike of lightning.
The scene is brief, but there may be some clues.
First, it?s impossible to know who the second?man is. Connors, once a friend of Peter Parker's mysteriously vanished parents,?was recently a giant lizard, so it?s hard to trust the soundness of his mental health.?Perhaps he imagined the visitor??Maybe it?s a manifestation of the Hyde-like voice inside his head that pushes him to wreak havoc and do evil? Yet, maybe, it?s a real, in-the-flesh person?
When the?Huffington Post?asked whether the man is Norman Osborn, the head of Oscorp who becomes the Green Goblin in Sam Raimi?s ?Spider-Man,? director Marc Webb played coy.
?It?s intentionally mysterious, and I invite speculation,? he told the?Huffington Post.
He added, ?I like this idea that Oscorp is this Tower of Babel. And every crazy thing in the universe somehow relates to Oscorp.?
Some critics, like Screenrant?s Kofi Outlaw, believe Connors' visitor could imply that The Sinister Six, a group of mad-scientists-turned-monsters, may make their way into ?Amazing Spider-Man? sequels.
But, this seems unlikely. ?Amazing? turned out strikingly similar to Raimi?s 2002 ?Spider-Man," so there?s little reason to think that a sequel will suddenly diverge and add a slew of villains.
Rhys Ifans, the Welsh actor who plays Connors, seems to support the theory that the man is Osborn when he carefully?explains the final scene.
?Connors is sent to an asylum ? and he?s visited by, shall we say, a representative from Oscorp,? he told MTV.
In March, movie blog CinemaBlend posted an interview with director Marc Webb?filmed at WonderCon in California, and in it, Webb suggests that the film ties in to a future sequel. Does this quick scene, then,?mean the Green Goblin (played by Willem Dafoe in the 2002 Tobey Maguire version) will be the villain for the second film? Fans will find out when the sequel comes to theaters in 2014.
What do you make of this mysterious scene? Share your thoughts on?our Facebook page.?
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It's almost become a truism that internet connections from the Asia-Pacific region to the rest of the world can be slow and lag-ridden, but that assumption is about to be knocked flat if Facebook and others in a Time Dotcom-led consortium have their way. The alliance is investing a combined $450 million into the Asia Pacific Gateway, a 6,214-mile undersea cable that will run between Japan, Malaysia and South Korea. The fiber optic pipe will not only help reduce the need to route large volumes of traffic through Singapore but, in many cases, send much of that traffic straight to American shores -- a big help when Facebook and much of the web industry still hosts most of its content on the Eastern side of the ocean. Although faster speeds won't be in place until the summer of 2014, by which point the more direct connections might be absolutely necessary, it still gives hope to those of us who want to poke friends and upload photos in record time.
Facebook and others invest in 6,214-mile Asia-Pacific undersea internet cable, friend request lag to plummet originally appeared on Engadget on Thu, 05 Jul 2012 21:42:00 EDT. Please see our terms for use of feeds.
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