Wintershall completes drilling appraisal well on Balderbrå discovery in North Sea

first_imgThe well 6604/5-2 was drilled to a vertical depth of 3,816m and a measured depth of 4,121m using the Scarabeo 8 drilling facility Dry well has been reported on the 6604/5-1 gas discovery in the Norwegian Sea. (Credit: C Morrison from Pixabay) Wintershall Dea Norge has completed drilling at the appraisal well 6604/5-2 S on the 6604/5-1 (Balderbrå) gas discovery in the northern Norwegian Sea.Located in the production licence 894, the well 6604/5-2 S has been drilled about 113km southwest of the Aasta Hansteen field.Wintershall Dea Norge operates the production licence 894 with a 40% stake while other licensees include Equinor Energy (40%) and Petoro (20%).Drilled to a vertical depth of 3,816m and a measured depth of 4,121m using the Scarabeo 8 drilling facility, the well 6604/5-2 was aimed to delineate the Balderbrå discovery.In 2018, the 6604/5-1 gas discovery was confirmed in Upper Cretaceous reservoir rocks (the Springar Formation).Appraisal well 6604/5-2 is classified as dryFollowing drilling, the well has encountered the Springar Formation in three intervals totalling 210m, with a total of about 140m of sandstone with poor reservoir quality.Although traces of gas were identified, the licensees have not confirmed pressure communication with the discovery well.As a result, the well has been classified as dry and was terminated in the Springar Formation in the Upper Cretaceous.Before commencing drilling, Wintershall estimated the resources at the discovery between seven and 19 billion standard cubic metres (Sm3) of recoverable gas and between one and three million Sm3 of recoverable condensate.However, resource estimates have been reduced to between three and eight billion Sm3 of recoverable gas and between 0.2 and one million Sm3 of recoverable condensate after the drilling programme.The licensees, which collected extensive volumes of data and samples, plan to assess the discovery together with other discoveries in the region for further follow-up.Wintershall Dea will now use the Scarabeo 8 drilling facility to drill wildcat well 6406/3-10 in production licence 836 S in the Norwegian Sea.Earlier this year, Wintershall Dea Norge reported dry well near the Aasta Hansteen field in the Norwegian Sea.last_img read more

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Two senior Sotheby’s International players jump ship to Chestertons

first_imgHome » News » Agencies & People » Two senior Sotheby’s International players jump ship to Chestertons previous nextAgencies & PeopleTwo senior Sotheby’s International players jump ship to ChestertonsJamie McMullan and David Russell’s arrival are part of Chestertons’ plans to expand and develop its existing franchise network.Nigel Lewis20th February 20200912 Views Chestertons’ recently-launched drive to expand and develop its existing franchised estate agency business took a step forward today following the appointment of two new big hitters to its team poached from Sothebys International.Jamie McMullan joins as Chief Operating Officer for UK & Europe Franchising and David Russell has been appointed Chief Marketing Officer for Global Franchising and New Homes.They join the growing team of franchising experts brought on board since Chestertons revealed its franchising plans in May last year, which include expansion in both the UK and Europe.Both McMullan and Russell are key hires because they were instrumental in the success of the Sotheby’s franchised global network of branches which is now a major player in the world prime property sector.International teamThe Chestertons team are an international lot; based in Dubai the team is spread around the world including International COO Gavin Vercoe who is in Germany, CEO Nick Whitty in the UAE, Jamie McMullan in London and David Russell in York and London.McMullan will be responsible for the roll-out of Chestertons’ franchise programme in the UK and Europe, while Russell will spearhead the strategic planning and execution of the brand’s global media programme to drive further awareness of the brand and its offices to prospective franchisees.Salah Mussa, Chairman of the Chestertons Group, says: “The fact that two hard-hitting hires have joined us from one of the world’s largest international real estate companies is representative of our direction of travel for the business.”David Russell Jamie McMullan Chestertons February 20, 2020Nigel 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

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Cancer patient says thank you for the support

first_imgSylvia Braxton Dear Editor:There was a benefit held for me on Aug. 18. It was a wonderful success to say the least. I’ve worked for the City of Hoboken for over 20 years. I’ve been battling a second bout of breast cancer since November 2017. The amount of support that I’ve received from my immediate family, friends and the city is beyond words. I’m humbled by all the phone calls, texts and, visits. I appreciate you all; I will never be able to express my heartfelt gratitude. While this battle is proving to be difficult; I am truly blessed to having an amazing support system. Thank you to my friends and colleagues who not only check on me but on my family too. Thanks again, you all make me proud to be a Hobokenite!last_img

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O.C. Celebrates Martin Luther King Jr. Day

first_imgRev. Gregory Johnson, of Shiloh Baptist Church, delivers his message in 2019 to a captivated crowd at the Martin Luther King Jr. ceremony at the Ocean City High School last year. By Maddy VitaleA deep, resounding voice came from the back of the room at the Bill and Nancy Hughes Performing Arts Center at Ocean City High School, where crowds gathered to honor Dr. Martin Luther King Jr. and his legacy.Then, keynote speaker Rev. Gregory Johnson, of Shiloh Baptist Church, made his way to the stage. He captured the attention of the hundreds of people who were all there to listen to the message of Dr. King during Ocean City’s 28th annual celebration.“How long? Not long,” Johnson assured the crowd.He spoke about his grandmother and her teachings that one must respect others. The struggles people may face will be difficult, but there will be rewards, Johnson said.“Sometimes, we feel like we are hurting on the inside,” he said. “Faith unlocks the door. Hold on a little while longer.”The theme of racial equality and peace flowed throughout the ceremony. The words of King, his message of hope, resonated with those who spoke on his day.Johnson noted that King made it a point to include everyone. King wanted to help everyone. Those are the keys to a fulfilling life.He then recited King’s epic “I Have a Dream” speech from 1963.The Freedom Singers from Stockton University, under the direction of Beverly Vaughn, brought the audience members to their feet as strangers, family and friends held hands, swayed and sang in unison to “We Shall Overcome,” which served as the anthem of America’s civil rights movement.Mayor Jay Gillian could not attend the ceremony, so Director of Community Services Michael Allegretto spoke on his behalf. He thanked the community for being there and remembering King.“Many different people make up our town. But we all share a love of Ocean City,” Allegretto said. “I know the mayor has a favorite quote of Dr. King’s, ‘We may have all come on different ships, but we’re in the same boat now.’”He continued, “My hope, and the mayor’s hope for 2019, is for all members of our community to continue to work together to make Ocean City a better place for all. And my hope is that we will not succumb to the divisions and fear in the world around us, but stand, as Dr. King did, against forces ruled by hatred.”Cape May County Freeholder E. Marie Hayes reminded the crowd of an important part of King’s message: “A person should be judged by their character, not their color,” she said to applause.The Freedom Singers from Stockton University lift up the crowd.In addition to King, important people in the community were recognized for the good that they do each and every day.Ocean City resident Sally Onesty, who lost her son, Tyler, to drugs in 2017, received the Dr. Martin Luther King Jr. Award for her support of individuals and families battling the effects of addiction. Melissa Wilson, Onesty’s longtime friend, was one of the people who nominated her for the award.Wilson stood at the podium and pointed out so many reasons why Onesty deserved the honor. She said Onesty has truly helped bring to light the drug addiction problems young people face throughout the country, the county and in Ocean City.When Onesty’s son overdosed, she did not hide, Wilson explained. She took her grief and began a mission to help other families whose loved ones face addiction and also to give guidance to the young people who are struggling with the disease of addiction.“She is a brave woman,” Wilson noted.Sally Onesty receives the Martin Luther King Jr. Award from Director of Community Services Michael Allegretto on behalf of Ocean City. Special Events Coordinator Michael Hartman looks on.Wiping away a tear, Onesty urged the community to help someone who appears to be in trouble. “Everybody can be great because everybody can serve,” she said. “Next time you see someone who looks hopeless, lost, they probably are.”She said the best thing to do is call someone for help. Other dignitaries, including Cape May County Freeholder Jeffrey Pierson, also showed their appreciation for Onesty and her work. “Sally, I personally know loss. In 2015, my grandson committed suicide. You are committed to this community,” Pierson said.During the ceremony, honors were also given to two students from the Ocean City Intermediate School for their winning essays about what King means to them. Ocean City Intermediate School Principal Geoffrey Haines looks on as James Burke reads his winning essay. Ethan Meron, waits to read how Martin Luther King Jr. influences his life.James Burke, a seventh grade student, read his essay about how he tries to live by the ways of King, to be kind to everyone. “Dr. King had a fire in his eye, a fire in his soul,” James said. “I am trying to find that fire in me.”He added that he hopes to one day change the world for the better, as King did. Ethan Meron, an eighth grade student, told the crowd that he strives to do what is right, just as King did in his lifetime.King was about justice and equality. King’s views are enough to remind everyone to do what is right, Ethan said. Ocean City Council members, Ocean City Schools Superintendent Kathleen Taylor and School Board President Joseph Clark, Cape May County Freeholders, civic leaders and other dignitaries filled the stage and the audience. Among other officials in attendance were Cape May County Sheriff Bob Nolan, former U.S. Ambassador and Congressman Bill Hughes and Cape May County Prosecutor Jeffrey Sutherland.Volunteers serve up soul food after the Martin Luther King Jr. ceremony.After the ceremony, a soul food luncheon was served. People lined up for generous portions of chicken, greens, macaroni and cheese and desserts.Tammy Ackley, of Vineland, and her children, James Penn, 16, Tamia Gerald, 5, and David Gerald, 7, come to the celebration every year.Tamia said she liked the singing the best. David liked the music the most.“My mother-in-law lives in Ocean City,” Ackley said. “We come every year because it is just beautiful. It is so moving and every year it gets better and better.” The Ackley family enjoys soul food after the Martin Luther King Jr. celebration at the Ocean City High School.Freedom Singers under the direction of Beverly Vaughn, playing piano, perform for the crowd.last_img read more

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Press release: Britain’s biggest road just got bigger

first_imgPart of the new Brampton interchange, with the A1 running left to right and the future A14 running over it before rejoining the old A14 at Ellington.At 410 miles the A1 is Britain’s longest road, connecting London to Edinburgh. The A14 meets the A1 at Brampton in Cambridgeshire and, as part of the A14 project, Highways England has widened it from two lanes to three in both directions between Alconbury and Buckden and built a redesigned junction at Brampton Hut.Alongside the upgraded A1 there will also be a new local access road to help drivers making local journeys to get around. This will run from the new Ellington junction alongside the A1 northbound and is in addition to the new five-mile long local access road running parallel to the new A14 between Cambridge and Huntingdon, the first section of which opened to traffic last week (18 March). Together, they will strengthen local links between villages, improve access to Cambridge for local communities and will become part of the local road network when the new A14 opens.Councillor Ian Bates, Cambridgeshire County Council’s Chairman of the Economy and Environment Committee, said: Highways England Project Director for the A14 Cambridge to Huntingdon improvement scheme David Bray said: Today is a great step forward for people living, working and driving in and around Cambridgeshire as we open the first section of this ground-breaking road upgrade. The A14 sets the standard for how Highways England is delivering the first class infrastructure that the country needs to be successful, and it is great to see this new section of the A1 opening for traffic. It is just a taste of the huge benefits that the A14 upgrade will bring. This is more great news for the residents and drivers of Cambridgeshire and another milestone achievement. These improvements to the A1, between Alconbury and Buckden, will provide a smooth link into the A14 avoiding the Brampton Hut roundabout and improve journey times. There will also be a local access road alongside the improved A1 from the new Ellington junction connecting local communities without them needing to use the A14. We’re looking forward to the opening of the whole A14 Cambridge to Huntingdon upgrade. Councillor Graham Bull, Leader of Huntingdonshire District Council, said: 3.5 miles of the A1 in Cambridgeshire has been widened from two to three lanes in each direction as part of Highways England’s £1.5 billion project to upgrade the A14, the country’s biggest road upgrade.Today, the extra lanes are open to traffic and the A1’s 70mph speed limit has been restored, benefiting the 31,000 drivers who use it every day.Highways England is upgrading 21 miles of the A14, the east of England’s major trunk road, between Cambridge and Huntingdon. The improvements include creating seamless links between the A14 and the A1, with a redesigned junction and widening of the A1 either side of it.The improvements the A14 scheme is delivering will boost the local and national economy, upgrade a key link between the east coast and the midlands and save up to 20 minutes for the 85,000 drivers who use it every day. And, with a decision due soon on designating part of the improved A14 and A1 as motorways, the project could create a continuous motorway from London to Peterborough for the first time.Highways England Executive Director for Major Projects and Capital Portfolio Management Peter Mumford said: This is a big step in delivering a new, improved A14, and drivers can see just how much work has been done over the last couple of years. The upgraded A1 will fit seamlessly together with the new A14 and improve journeys on both roads. The A1 is a vital road for England, just as the A14 is for the East, and we’ll have transformed both in this area into three-lane, 70mph roads, making journeys safer and faster. The A1 is just one of six phases of the overall A14 upgrade project, and our 2700-strong team is working tirelessly to deliver the rest of this huge scheme, with work expected to be complete by the end of next year. The new A14, and the improvements to this section of the A1, are key to ensuring that Huntingdonshire can fulfil its potential as a truly great place to live, work and invest, and we are delighted to see new sections of the road beginning to open. It is part of an important wider network, including the A428 and the A1 between Buckden and Black Cat, which we are keen to work with partners to continue to improve. There will still be some finishing works on the A1 such as completing the Woolley Road access, commissioning the gantries to help share real time information with drivers, and completing the links to and from the new A14 later this year. This work will require some overnight closures and information will be shared in advance so people can plan journeys.The A14 Cambridge to Huntingdon project is now more than half way through construction. Nine of the project’s 34 bridges and structures have already opened to traffic and the longest one, the half-mile long River Great Ouse Viaduct, was completed in February. The team has worked hard to protect and enhance the natural environment, and made incredible archaeological discoveries including a 100,00-year-old woolly mammoth tusk and woolly rhino skull, and more recently the earliest evidence of beer brewing in Britain, dating back to 400BC.The A14 project is due to be completed and fully opened by December 2020.General enquiriesMembers of the public should contact the Highways England customer contact centre on 0300 123 5000.Media enquiriesJournalists should contact the Highways England press office on 0844 693 1448 and use the menu to speak to the most appropriate press officer.last_img read more

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Are you ready for a world with 30 billion connected things?

first_imgAre you ready for a world with more than 30 billion connected “things,” 250 million connected vehicles and a nonstop avalanche of data from the Internet of Things (IoT)? We’re not talking about the distant future. We’re talking about the year 2020, which begins just a little over three years from now.I pulled these eye-grabbing numbers from a new IoT infographic published by Cloudera, a leader in data management and analytics. This infographic does a great job of summarizing both the challenges and opportunities brought by the IoT.On the challenges side, enterprises need to prepare for massive growth in the volumes of data captured by connected products. As with data from enterprise systems, social media and other sources, this data will need to be processed, stored, analyzed, protected and managed, both in enterprise data centers and at the edge.Today, organizations are proving that they are pretty good at capturing data from connected products, but not very good at gaining value from that data. The infographic produced by my colleagues at Cloudera notes that less than 1 percent of IoT data is currently being utilized. That’s not a good metric. If an organization isn’t realizing value from the data it captures, it is essentially paying a steep price in the form of wasted expenses in capturing data and lost opportunities to realize value from that data.And this gets us to the opportunity side of the story. The infographic notes, for example, that the use of IoT data to enable predictive maintenance could help some companies reduce equipment downtime by up to 50 percent, while the IoT could help healthcare providers cut chronic treatment costs by as much as 50 percent. There are opportunities like this in virtually every industry — for those organizations that are positioned to not just capture data from the IoT but to take command of it.At Dell EMC, we welcome the challenges brought by a world filled with connected things. Together with partners, we’re in the business of helping organizations solve their big data and analytics challenges, and with new solutions emerging from the combination of the legacy Dell and legacy EMC portfolios, we’re ideally positioned to do just that.If you have the opportunity to attend the Dell EMC World conference in Austin this week (Oct. 18–20) Austin, be sure to stop by the Big Data and Analytics booth to learn more about the Dell EMC portfolio and how it can help you take command of the data from the IoT. In the meantime, you can explore theDell EMC portfolio at Dell.com/Hadoop and EMC.com/BigDatalast_img read more

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WHO team visits 2nd Wuhan hospital in virus investigation

first_imgWUHAN, China (AP) — Members of a World Health Organization team investigating the origins of the coronavirus pandemic have visited another Wuhan hospital that had treated early COVID-19 patients on their second full day of work. The facility was one of the city’s first to deal with patients suffering from a then-unknown virus and is a key part of the epidemiological history of the disease. The team’s first face-to-face meetings with Chinese scientists took place on Friday, before the experts visited another early site of the outbreak, the Hubei Integrated Chinese and Western Medicine Hospital. WHO says all hypotheses are on the table as the team visits hospitals, markets and laboratories. It’s a politically charged mission as China seeks to avoid blame for alleged early missteps.last_img read more

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Minnesota’s burgeoning wind industry is paying millions in dividends to county governments

first_img FacebookTwitterLinkedInEmailPrint分享Energy News Network:Minnesota’s wind energy tax is helping rural counties hold the line on levy increases and pay for road repairs and other infrastructure projects.Revenue from the state’s wind energy tax has increased more than fivefold over the past decade to $12.7 million in 2018, according to Minnesota Department of Commerce. Wind farms larger than 12 MW pay $1.20 per MWh, while smaller farms pay just 36 cents per MWh.“Wind revenue is now a key source of income for many counties, relieving the property tax burden on homeowners and businesses,” said Commerce Commissioner Jessica Looman.The revenue is especially important because wind developments tend to be sited in counties with lower than average income. The five leading Minnesota counties for wind revenue have median family incomes more than $10,000 below the state average of $57,000.“In some of these rural counties, wind revenues represent 20 percent of their annual operating budgets,” said Isak Kvam, a communications and policy associate with the pro-wind advocacy group Wind on the Wires. “It’s not often that these communities have a multi-million business knocking on their doors.”The boon is hardly confined to Minnesota or the Midwest. A Moody’s Investment Service report released earlier this year found 400 counties around the country receive tax revenues.  More: Windfall: Minnesota counties use wind tax money for roads, tax relief Minnesota’s burgeoning wind industry is paying millions in dividends to county governmentslast_img read more

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Attrition, and how to curb it

first_imgThe War of AttritionAny activity, any game, any bit of work, is a numbers game. If you look at any objective that needs reached in any field, you’ll find that you need to put forth X amount of hours for success, or make X dollars to stay afloat, or draw at least a crowd of X number of people.The financial services industry? It has a lot of numbers, but one is more important than the others: the number of people who use your services. And that number is taking an attrition hit. A big one.According to an article by The Financial Brand, dissatisfaction with a financial establishment represent 50% of the attrition rate for consumers1. This is clearly the highest percentage of the four reasons, the other three being death, divorce, and displacement. The only bright-side to dissatisfaction, as opposed to the other thee “Ds,” is that it can actually be changed and influenced with your actions.There are three reasons for dissatisfaction that routinely show up as a reason for consumers leaving a company or product behind:A Poor ProductPoor Service QualityInconvenience of Using Services or ProductThese three problems are some things you can manage, so here are some suggestions: Poor ProductIt might seem like a given, but having a good product will keep people coming back. This is your checking accounts, loans, debit cards, and all the facets of your business that you offer to your members.Today, consumers want more for the same price and it’s up to you to give it to them. With new and emerging fintech options for the consumer’s banking needs, you need to better your own product arsenal to keep your loyal members…well, loyal.Whether it be lowering loan interest rates, improving your mobile app, or attaching a rewards program to your debit card, it is of vital importance to shift and enhance the way you do business.A debit rewards program, in particular, is a good place to start improving your products. After all, multiple consumer surveys show rewards for basic banking activities are the highest ranking consumer desire from their financial institution2. Buzz Points is one such rewards program that delivers what consumers want, while also turning it into revenue for credit unions. The 2X “buy local bonus” is another enhanced feature of Buzz Points that adds more sparkle to your product.A better product can make up for deficiencies in other areas, and a better product is just an easier sell. Service QualityShow of hands, who here has ever been into a store and had to deal with bad customer service? Easier question, who here as ever called a company’s customer service line and had a terrible experience? (I’m looking at you call center guy in India.)Did you enjoy that experience, or did you dread every second? Exactly. Good customer service matters.Which brings us back to the better product example above. Product and service go hand-in-hand in the mind of the consumer. But servicing a rewards program can be labor intensive. So be sure your rewards provider is delivering ongoing engagement for you, and that cardholder support is included.After all, 80% of highly effective loyalty programs have a dedicated team3. Be sure your provider is providing that team, not just a promise.Of course, the basics of member service always apply to all your staff. Friendly demeanor and helpful conversations in phone calls. Experienced and knowledgeable service reps who know the products. Basically, the entire experience should be tailored to avoid being something that you yourself would hate to go through. InconvenienceIf you’re going to give people an option to do something, at least make it easy on them. Making it difficult to pay a bill is the worst. The consumer wants to give you money, but it’s a struggle. Checking statements can be difficult, and that’s disconcerting as well. Transfer money from one account to another? It should be simple. Inconvenience is a major problem for retention.Make it easy, keep it simple, make it intuitive. Most of these problems apply to online and mobile banking, so we’ll focus on those. For a website, strive to make it intuitive and easy to navigate, make getting to your goal simple and easy to accomplish.For an app, it has to be able to do those same things, but even easier. Phone screens are small and the best apps aim at making easy smooth transitions. For instance, the Capital One credit card app makes it easy to make payments from saved back accounts and is very easily navigable.Excellent app service can lead to rave reviews from members. Fort Community CU won Credit Union Journal’s 2015 Best Practice award for their mobile app, an app that is intuitive, easy to use, gets the job done, and their members loved it2. Coupled with the fact that the app is also integrated with the Buzz Points Reward Program, which seamlessly integrated with their app and allowed consumers to check and spend their points, and you have covered two of the three dissatisfaction areas.Dissatisfaction is a problem in today’s world, but that doesn’t mean the financial industry has to be plagued with the same problems others are. In short, be better than the rest.(And if you’re interested in how the Buzz Points rewards program can enhance your product offering, and add depth to your customer support and marketing teams, visit BuzzPoints.com.) 25SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Todd Swoope Todd Swoope is a marketing professional and content creator living in Austin, Texas, who hails from the mountains of Pennsylvania. With Master’s degrees in Communication and Public Relations, Todd … Web: https://www.buzzpoints.com Detailslast_img read more

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Strategies to strengthen accountholder relations during COVID-19

first_img continue reading » With the coronavirus (COVID-19) pandemic forcing financial institutions to close branches and halt in-person interactions, it has become more challenging than ever to keep-up ‘business as usual’ with accountholders. With needing to service loans remotely, provide easy access to accounts and funds, and deliver virtual support and communications – there is much to be considered.We’ve put together a list of easy-to-implement, cost-efficient (or free!) strategies to help your financial institution amplify consumer relations and business in a remote setting.Remote Service ConsiderationsContinuing to provide top-notch service to accountholders remains a top priority for financial institutions. The challenge is finding creative ways to do so without being able to meet face-to-face.Consideration #1: Inbound questions & service requests Although in-person walk-ins or appointments are not an option right now, there are various tried-and-true remote service channels your financial institutions can leverage. Adding a ‘Live Chat’ feature to your website is a great way to provide on-demand service that will deliver long-lasting value to your institution and consumers. You may also consider adding more call-in options for accountholders, so consumers can more quickly and easily have their specified needs addressed. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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