Independent Oil and Gas closes farm-out transaction with CalEnergy Resources

first_img Image: IOG’s has farm out of 50% of its SNS upstream assets. Photo: Courtesy of Kristina Kasputienė from Pixabay. UK-based Independent Oil and Gas (IOG) has completed its previously announced farm-out transaction with CalEnergy Resources (CER).The company has also taken final investment decision (FID) on Phase 1 of its Core Project, which comprises 410 billion cubic feet (BCF) of 2P+2C reserves and resources across six discovered UK Southern North Sea (SNS) gas fields.IOG CEO Andrew Hockey said: “I am delighted to announce that the farm-out agreement with our new partner CalEnergy Resources Limited, announced three months ago, has now closed. Alongside our successful €100m bond raise, this confirms us as fully funded for our Core Project, which is projected to deliver over £0.5bn in pre-tax cash flow net to IOG.“IOG and CER, as joint venture partners, have consequently taken Phase 1 FID. I am immensely proud of our team for delivering this major milestone and would like to thank our shareholders for their support. This is the culmination of a transformative year for IOG which begins a new phase in our growth. Our focus, as ever, is on delivering shareholder value.”IOG’s has farmed-out 50% of its SNS upstream assetsAs part of the transaction, IOG has farmed out 50% of its SNS upstream assets, the Thames Pipeline and associated Thames Reception Facilities to CER, on the terms announced on 26 July 2019.Under the terms of the farm-out, CER has paid the initial cash consideration of £40m ($51m) to IOG, and will also pay for up to £125m ($160m) of IOG’s development costs, and £60m ($76m) for Phase 1 and £65m ($83m) for Phase 2 respectively.IOG will pay a royalty of 20.2% of its net revenues from the Phase 1 fields, up to a cap of £91m ($116m) over field life to CER.Also, IOG will receive an effective royalty interest equating to £0.50/MCF on a 50% share of CER’s production from certain Goddard Field sections after producing a gross of 70BCF from the field up to a maximum royalty of £9.75m ($12m).Hockey added: “We have established a solid platform from which to generate cash flow from our existing portfolio through effective project execution. Furthermore, we have created the opportunity to generate additional value upside by bringing incremental volumes through our infrastructure.“Our Southern North Sea gas business development strategy has clear competitive advantages: we have a very strong and well-aligned partner, we have our key export pipeline in place, we are an approved licence Operator, and we are fully funded to install our hub infrastructure.” IOG has completed farm out of 50% of its SNS upstream assets, the Thames Pipeline and associated Thames Reception Facilities to CERlast_img read more

Ombudsman expels ANOTHER five rogue estate agents

first_imgHome » News » Ombudsman expels ANOTHER five rogue estate agents previous nextRegulation & LawOmbudsman expels ANOTHER five rogue estate agentsNumber of firms excluded by TPO is running at an unusually high run-rate as growing membership drives up number of cases.Nigel Lewis3rd October 201803,071 Views The Property Ombudsman (TPO) has expelled another five agents from its redress scheme after kicking out six last month, an unusually high number of expulsions over such a short period.According to its own list, TPO has now excluded or expelled more agents this year than it has over the past two preceding years.This is likely to be down to a general increase in TPO members recently – and therefore cases – helped by the the closing of rival Ombudsman Services in August this year.“2018 to date has seen some 46 cases referred to Compliance Committee where the consumer has not received the award they were due from the Agent,” Peter Habert, Director of Policy, The Property Ombudsman (left) told The Negotiator.“In 14 of those cases the award was paid following intervention by the Committee. 32, however, have resulted in expulsion because of non-payment. The numbers are already higher than in 2017, when a total of 28 agents were expelled.“The upward trend is reflective of higher numbers of agents, higher numbers of complaints and difficult market conditions.”Property ombudsmanThis month’s crop are: A & A Star Estates Ltd based in Finchley, London whose website is no longer live; Jennings & Kent Ltd based near Dartford in Kent and The Drake Lawson Ltd trading as Alexander Reed based in Isleworth, which  has been given an extension to an existing expulsion. Its only branch has now closed, and reviews of the business on AllAgents and other sites are overwhelmingly negative about its staff and service.The two other expelled firms are Blackhorse Property Management Ltd in Bradford which is in the process of being struck off and dissolved according to Companies House, and Joseph Properties Ltd in Burnley, which yesterday dissolved itself via a voluntary strike-off.TPO’s list of expelled agents is a moveable feast. Even though agents are listed on it, if they later pay a contested award then they can be readmitted to the scheme and have their names removed. rogue estate agents The Property Ombudsman TPO October 3, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021last_img read more

Familiar faces among Countrywide’s restructured management team

first_imgCountrywide has revealed its newly-minted ‘back to basics’ leadership team at national and regional level tasked with restoring the company’s fortunes, although at the top the names are largely unchanged.The team has been created as part of a £4.4 million redundancy and leadership restructure plan implemented last year to build industry expertise back into its sales and lettings operations.This includes 89 regional directors now settling into their seats and 300 former staff who have now been persuaded back, enticed in part by the return of local control of marketing and people budgets, which had been centralised during the Platt years.Countrywide has revealed that it has also separated sales and lettings service lines to report into dedicated management to ‘achieve the right level of support and direction for each business area’.The new senior team is lead by Countrywide’s managing director Paul Creffield, whose direct reports now include:Jonathan Simpson (MD of UK North)Simpson survived the Platt years and has been at the company for over 14 years. He looks after 361 branches and his territory managers are Keith Peacock (North Wales and Birmingham), Sharon Donaldson (Scotland and North) and Ian Cuthbert (Midlands and East Anglia).Toby Phillips (MD of UK South)Phillips is one of the firm’s most experienced divisional directors. He started his career at Countrywide as a sales negotiator in 1995 but left the company in 1999, re-joining in 2012. He looks after 353 branches and his territory managers are Keith Knight (South East), Andy Barnes (South Central), Simon Old (South Wales and West) and Stuart Lebb (South West).Lesley Cairns (MD of Hamptons International)Until September last year Cairns was Hamptons’ head of lettings before being promoted to MD. She joined the company in 2006 initially as a regional director before being promoted to lettings director in 2006. Hamptons has 102 branches and Lesley’s senior team include Mary Beeton (Head of Sales, London), Peter Everett ( Head of Sales, Country) and Cat Westerling (Head of Lettings).Nick Taylor (MD of Premier & City)Taylor was previously operations director at John D Wood and has a 29-year career at Countrywide under his belt.John Hards (National Lettings Director)Hards is a recent returnee to Countrywide after retiring from the role of national lettings director.Phil Tennant (Operations Director)Tennant has held the role since 2013, prior to which he was COO at Hamptons International.John Hards Lesley Cairns Jonathan Simpson Nick Taylor Toby Phillips Paul Creffield Phil Tennant Countrywide March 11, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Familiar faces among Countrywide’s restructured management team previous nextAgencies & PeopleFamiliar faces among Countrywide’s restructured management teamThe ‘new’ team behind the company’s ‘back to basics’ strategy is a familiar one at the top, its latest organogram reveals.Nigel Lewis11th March 201903,861 Viewslast_img read more

Another F-35 Lightning II Contract Goes to Lockheed Martin

first_imgLockheed Martin Corp., Lockheed Martin Aeronautics Co., Fort Worth, Texas, is being awarded an $8,1 million modification to the previously awarded F-35 Lightning II Low Rate Initial Production (LRIP) Lot VI contract. Another F-35 Lightning II Contract Goes to Lockheed Martin View post tag: contract View post tag: F-35 Authorities This modification provides for the maintenance and support for the F-16 chase aircraft supporting the F-35.Work will be performed in Fort Worth, Texas, and is expected to be completed in June 2015.Fiscal 2012 aircraft procurement (Air Force) funds in the amount of $8,167,322 will be obligated at time of award, all of which will expire at the end of the current fiscal year.The Naval Air Systems Command, Patuxent River, Maryland, is the contracting activity.[mappress]Press Release, August 26, 2014; Image: View post tag: II August 26, 2014 View post tag: ANOTHER View post tag: americascenter_img View post tag: goes View post tag: Naval View post tag: Lightning Share this article View post tag: Navy View post tag: News by topic Back to overview,Home naval-today Another F-35 Lightning II Contract Goes to Lockheed Martin View post tag: Lockheed Martinlast_img read more

Faculty Psychologist

first_imgFaculty Psychologist PositionCARES InstituteThe Child Abuse Research Education and Service (CARES) Institute atthe Rowan University School of Osteopathic Medicine in Stratford,New Jersey is currently seeking a Licensed PhD, PsyD, or EdD for afull-time faculty position with research, clinical, and supervisoryexperience in the field of childhood trauma. The CARES Instituteconducts cutting-edge research in the field of childhood trauma andthe ideal candidate would have interest in one or more of thefollowing potential research areas: the implementation ofTrauma-focused CBT, treatment processes, dissemination ofevidence-based practices, the treatment of trauma-related childhooddepression, child problematic sexual behaviors, and secondarytraumatic stress. Published research samples, demonstrated skillswriting grants, and/or potential to attract research funding arevery desirable. Clinical responsibilities include conductingassessments of children who have experienced trauma/maltreatmentand providing evidence-based therapy to children and familiesimpacted by child sexual abuse, physical abuse, and other traumas.Additional assessment opportunities may include conducting mentalhealth screenings for children entering foster care andcomprehensive psychological evaluations in cases of unclear sexualabuse allegations. Applicants will also be expected to providesupervision to trainees/staff and participate in diverseprofessional activities in collaboration with a dedicated team ofmultidisciplinary professionals, under the clinical direction ofEsther Deblinger, PhD, co-developer of Trauma-focused CBT.Salary is competitive, secure, and accompanied by a full benefitspackage. Our campus is located approximately 15 miles from centercity Philadelphia, 1 hour from the beach, and 2 hours from New YorkCity. Rowan University is an Affirmative Action/Equal OpportunityEmployer m/f/d/v, and a member of the University Health System ofNew Jersey.Advertised: Jan 21 2020 Eastern Standard TimeApplications close:last_img read more

Ocean City’s Boardwalk Becomes Picture Perfect During Art Show

first_imgFor 55 years, art lovers have been flocking to the Boardwalk Art Show. By Donald WittkowskiOne of Audrey Hepburn’s most iconic images, a publicity photo taken during her starring role in the 1961 romantic comedy “Breakfast at Tiffany’s,” shows her puffing on a slender, foot-long cigarette holder.Artist Michael Kenney reimagined the same photo and created a striking, abstract portrait of Hepburn that makes it appear her face has been covered by colorful graffiti. Despite the dramatic facelift, it is still very clearly Audrey Hepburn.Kenney’s work caught the attention Sunday of Pat Furey, a vacationer from Chicago who paid $700 for the Hepburn portrait during the Boardwalk Art Show, an Ocean City summer tradition now in its 55th year.Furey explained that he plans to put the Hepburn image in his dining room, next to his other pieces of contemporary artwork. “I’m interested in contemporary art,” he said. “This is an iconic image. Even though her face has been taken away, you can still recognize Audrey Hepburn. It’s an eye-catching piece of art.”The Boardwalk Art Show promotes itself as a place for Ocean City visitors to buy high-quality artwork at affordable prices. Kenney was among 79 artists from across the East Coast who had their work up for sale over the weekend.Artist Michael Kenney shows off his abstract interpretation of Audrey Hepburn’s iconic image from the 1961 movie “Breakfast at Tiffany’s.”The 26-year-old Kenney, who goes by the professional name “Michael J,” described his images as a mixture of pop culture, abstract art and street-art graffiti.“I like to blend them all together,” he said.Kenney, who lives in Marlton, Burlington County, likes using celebrities and movie characters in his work. His subjects range from movie stars to hip-hop artists to Disney cartoon figures, such as Donald Duck and Mickey Mouse.The art show also featured more traditional style oil, watercolor and acrylic paintings, as well as photography, prints and drawings. For the first time in the history of the show, handmade jewelry was added this year.Rosalyn Lifshin, executive director of the Ocean City Arts Center, the show’s sponsor, said the beachfront location offers a unique venue and contributes to the show’s popularity with the public.“Other shore towns have their own art shows, but I believe we’re the only one that is right on the beachfront,” she said.The show itself is an attraction for summer visitors, Lifshin noted. She said she knows of some art aficionados who book their Ocean City vacations at the same time as the show.“Ocean City is a charming place for vacations. Many people want to be up on the Boardwalk. A lot of people come here specifically for the art show,” she said.Rosalyn Lifshin, executive director of the Ocean City Arts Center, believes the beachfront location helps to make the art show popular with the public.The show’s longevity is also due to its popularity among the artists. Lifshin said many artists have told her that Ocean City gives them their strongest sales.Some artists have been coming to the show for decades. One of them, Arlene Fisher, of Lancaster, Pa., has been a fixture for 45 years, perhaps giving her the most seniority.“It’s been very, very profitable for me,” Fisher said, explaining why she returns year after year.Now 80 years old, Fisher began painting in 1971, when she was in her 30s. Fisher and her family, including Bill, her husband of 61 years, had vacationed in Ocean City before she ever began displaying her artwork.After taking some art lessons in night school and dabbling in her craft, she felt she was ready to begin selling her paintings in Ocean City. Fisher’s folk art is dominated by quaint scenes of the countryside near her Lancaster home.“I go to the countryside and sketch from inside my car,” she said.Painter Arlene Fisher, joined by her husband, Bill, has been a fixture at the art show for 45 years.Fisher lives in an old farmhouse and uses a barn as her art studio.Lancaster’s Amish population often inspires her work. A painting of hers depicting a group of Amish people playing dodgeball was bought by the Ocean City Arts Center for $300 over the weekend as part of its tradition of acquiring one piece of artwork from the show each year for its permanent collection, Fisher said.last_img read more

Saint Mary’s alumna serves the U.S. Virgin Islands

first_imgEditor’s Note: This is the fifth story in a series featuring Notre Dame and Saint Mary’s graduates serving as members of Congress. This series, titled “Trading Golden Dome for Capitol Dome,” will run on Fridays.  As the federal government shutdown reaches its 11th day, Congresswoman Donna Christensen (D-U.S. Virgin Islands) said she is concerned for the almost 700 federal employees in the territory who are being furloughed or facing reduced pay.  Christensen, who graduated from Saint Mary’s in 1966 with a Bachelor of Science degree, is one of six non-voting members of Congress. The Virgin Islands, Guam, Puerto Rico, District of Columbia, Northern Mariana Islands and American Samoa all send delegates who are asked to weigh in on issues under legislation to Congress. Congresswoman Madeleine Bordallo of Guam also attended Saint Mary’s, but her office declined repeated requests from The Observer for interviews. Christensen said the current shutdown of the federal government could have a dramatic effect on the economy of the U.S. Virgin Islands.  “We are a community that has been facing some severe economic lows with the closing of our largest private industry, government insurance falls and the impact of the recession which generally comes a little later than [when the impact hits the] mainland but stays longer and has a great impact,” Christensen said. “This is just making a bad situation far worse for us as we try to recover from our economic issues and challenges.” Her constituents began flooding her office with phone calls immediately after the shutdown, she said. “The first complaint I began getting was from the national park in St. John,” Christensen said. “St. John is a small island and two-thirds of it is a national park, so everything in St. John depends on the national park. … The calls came from taxi drivers, small business owners whose businesses are being impacted, the wedding planners who have people coming in to get married in one of the beautiful sites … our national parks cannot utilize that venue anymore, this has been a big issue.  “I traveled on Tuesday [September 1] and the customs board of protection was there and of course TSA [Transportation Security Administration] [workers] were there, but nobody was sure when they were going to get another paycheck. That is not a good environment in which to work.” No limitations Christensen, who was the first female physician to be elected to Congress, said she treasures the time she spent at Saint Mary’s. She credits the College as one of the key factors in the development of the confidence she now uses as a member of Congress, she said.  “Going to an all-women’s college … gave me confidence and I think that it prepared me well,” Christensen said. When she first came to Saint Mary’s, Christensen said she was planning on going into medical technology, but after reading an article published by the National Negro College Fund, she said she decided to changer her career plans and become a doctor.  “When I had doubts about whether I was capable of being a doctor, my biology chair, Dr. Clarence Dinnen, was there for support and encouragement,” Christensen said. “I thought that was very important.” This positive support helped her when others expressed concern about her ability to enter a “man’s field,” she said. “I remember one time a family member of a schoolmate said to me, ‘I don’t think you should do that, that’s not a good idea, going to medical school,’” Christensen said. “I remember being really taken aback by that, but then I dismissed it. The kind of confidence I gained, the education I received and the support I had from the faculty made it something that I didn’t think twice about. After Professor Divine sat me down and said ‘I could do whatever I wanted to do,’ I never worried.” After graduating from Saint Mary’s, Christensen said she received a Doctor of Medicine in 1970 from George Washington University School of Medicine and completed her residency in 1974. Coming home The day after she finished her residency, Christensen said she came home to the U.S. Virgin Islands. “I began working in a small emergency room in 1975, and after being home and hearing some of the issues that were of concern to my community I decided to become active in the community,” Christensen said. “It is home and there were things that were happening that I thought individuals needed to be more proactive about, so I decided to involve myself in different issues like the appointment of local judges, sale of land ⎯ that was important to my community and the private industry. But, I was doing it as an organizer myself, organizing different coalitions and different groups to advocate or oppose an issue.” At the time, Christensen said maintaining a private practice in family medicine and while adapting to life as a new mother drove her to find a formal way to participate in community organizing. “At this point I had a young baby and was working, so I decided to join the Democratic Party,” Christensen said. ” I joined by running for a seat on my local territorial committee. I won and became an officer. I did that because I thought the Democratic Party would be a good vehicle for me to do some of the things I wanted to do and I wouldn’t have to be doing it by myself.” After serving for 12 years as a Democratic National Committeewoman, Christensen said she was urged to run for national office in 1994. After losing her first primary race in 1994, Christensen said she ran again in 1996 and won the Virgin Islands seat.  “I had been practicing [medicine] and [working] in politics at the same time, so it wasn’t an abrupt transition, it was more of shifting the balance,” Christensen said. “In my practice you always find that there are a lot of social and other issues that impact the health of your patients. Many times people would come in just to talk about whatever problems they were having, and so I kind of looked at it as bringing my office work from a local level to a larger, national level. I did promise my patients that I would remain active in healthcare, even if I was not their private physician anymore.” Territorial interests Christensen said being a delegate of a territory is more challenging than being a woman or being a minority in Congress.  “Territories are not states, so in many instances the Constitution does not explicitly provide territories with the same rights and privileges as it does states,” Christensen said. “Therefore, I don’t get to vote in final passage [of bills] or to even voting in committee of the whole is a matter of contention because while the Democrats feel we should vote, the Republicans don’t. So when Democrats are in the majority we vote in the committee of the whole and when they are not, we don’t.” Christensen, who currently serves on the Committee on Energy and Commerce, is the first delegate from a territory to sit on an exclusive committee. Due to the expansive list of policy concerns that fall in the Committee’s jurisdiction, members who serve on one of the four exclusive committees – the other three being Appropriations, Ways and Means and House Financial Services – are not allowed to serve on other House committees.  She said she the support of the Congressional Black Caucus pushed her not only to sit on the at-large committee, but also on the Subcommittee on Health.  “Just getting on those committees were a big milestone for me,” Christensen said. “I was there when we wrote the Affordable Care Act, and that is an experience I will remember for the rest of my life and feel proud to be a part of it. I consider that a major event in my life.” Now, Christensen sits on the Subcommittee on Energy and Power. She said she not only works for members of her district, but also strives to push legislation through Congress for all of the territories. “I was also on the Committee [on Energy and Commerce] when we did the American Reinvestment Act ⎯ that was very important to help us recover from recession,” Christensen said. “My presence on that helped my territory to get a significant amount of funding, as well as the other territories. As a delegate from a territory, one of my responsibilities is to look out not only for my own, but for all of the territories.” A desire to serve  Christensen said her time as a part of the larger Saint Mary’s, Notre Dame and South Bend communities during this the Civil Rights Movement instilled in her a desire to serve. “After the summer where all of the riots, the bombings and all of that happened there was a change to me in Saint Mary’s and Notre Dame,” Christensen said. “We did become more socially conscious, and I think it was at that point that we started going into the South Bend community, Notre Dame and Saint Mary’s students together. We would go into South Bend and help kids with homework and we developed Big Brothers, Big Sisters for some of the poorer kids in town.  ” … Even though we were farther away and we were not involved in the protests or the marches, I think the Civil Rights Movement had a profound impact on us and I think it elevated our social justice awareness and efforts.” Christensen said she was also at Saint Mary’s when she found out about the Cuban Missile Crisis in 1962 and President John F. Kennedy’s death in 1963. “I was [at Saint Mary’s] during some very important times in our nation’s history,” she said. “I am sure the dialogue and how we dealt with those issues had a lot to do with why I am here [in Congress serving others] as well.”  Christensen said she feels proud to be an alumna of Saint Mary’s.  “When I first came here [to Congress] there were four Saint Mary’s women,” Christensen said. “Imagine that a small college like ours could have four members of Congress serving at the same time. I thought that was amazing and it is to Saint Mary’s credit [as an educational institution]. Now three of us are still here.  “I do treasure the time I spent at Saint Mary’s and I do count it as being responsible in part for the successes I have achieved through my lifetime.” Contact Kaitlyn Rabach at [email protected]last_img read more

Check Out Justin Guarini, Rose Hemingway & More in Moonshine: That Hee Haw Musical

first_imgHow have we gotten through life this long without a photo of Justin Guarini leaning against a massive haystack in front of an oversized paisley bandana backdrop? The American Idol and Wicked alum headlines the new tuner Moonshine: That Hee Haw Musical, which kicks off performances at the Dallas Theater Center on September 2. Take a look at this shot of Guarini in a slick suit (though we still want to see him in a cowboy hat) with his co-stars Rose Hemingway, Ryah Nixon and Ken Clark. Is Broadway the next stop for the folks of Kornfield Kounty? View Commentslast_img read more

Assassins, Bubbly Black Girl & Really Rosie Set for Encores! Off-Center

first_img View Comments It’s time to start planning that summer visit to New York City Center! This year’s Encores! Off-Center has lined up Stephen Sondheim and John Weidman’s Assassins, Kirsten Childs’ The Bubbly Black Girl Sheds Her Chameleon Skin with Carole King and Maurice Sendak’s Really Rosie closing out the season.Marvin’s Room director Anne Kauffman is at the helm of Assassins, which will run from July 12 through July 15. Sondheim and Weidman’s musical explores America’s history of political violence from the perspective of real assassins, from John Wilkes Booth to Lee Harvey Oswald.Childs’ autobiographical show, The Bubbly Black Girl, follows a young woman from Los Angeles as she finds her way from suburban daughter to Broadway dancer, all while navigating the politics of race and gender on a journey to find her identity. Performances for the two-night-only engagement are scheduled for July 26 and 27.Sweet Charity director Leigh Silverman has been tapped to helm Beautiful composer Carole King and children’s author and illustrator Maurice Sendak’s Really Rosie. This beloved children’s musical centers on a little girl living in Brooklyn with a big imagination. Inspired in part by the stories in Sendak’s Nutshell Library, Really Rosie’s songs include “Pierre,” “Alligators All Around” and “Chicken Soup with Rice.” Performances are set for August 2 through August 5.This will be the first season with Artistic Director Michael Friedman at the helm.“Planning the fifth Off-Center season, I found myself asking: ‘What kind of America do we have?’ and ‘What kind of America do we want?’ and ‘How can we possibly imagine getting there?’ These three shows bring with them three very different visions of the American dream and what happens when people try to make their visions real,” Friedman said in a statement.Casting and creative teams will be announced at a later date. Stephen Sondheim & John Weidman(Photos: Bruce Glikas)last_img read more

Nicaragua Monitors Volcano for Increased Seismic Activity

first_img The National System for Disaster Prevention, Mitigation and Assistance (SINAPRED), reported that the 726-meter tall volcano had increased its “seismic pattern” on the morning of June 4, and intensified during the evening. Cerro Negro volcano, one of the most active in the Pacific volcanic range, is located in León department, 90 km to the northeast of Managua, and it is characterized by the emission of fumes and ashes. “It increased its intensity on June 4 in the evening, registering 49 micro tremors, and increased the possibility of a volcanic eruption,” SINAPRED director Guillermo González told the press. Nicaragua is monitoring the activity of Cerro Negro volcano in the northeast of the country after an increase in its seismic activity, and called for tourists and neighbors to avoid climbing its slopes, an official source informed on June 4. The last important activity at Cerro Negro was registered in 1999, when three craters opened on its slope and poured out lava and ash. González explained that the population and tourists visiting the place had been recommended to avoid climbing its slopes until further notice. By Dialogo June 06, 2013last_img read more