Sunday, April 12, 2026

Energy XXI Upsizes Convertible Notes Offering to $350 Million; Fiscal 2014 CAPEX Program Fully Funded

Energy XXI (ticker: EXXI) is an independent oil and natural gas exploration and production company whose growth strategy emphasizes acquisitions, enhanced by its value-added organic drilling program. The company has implemented an “acquire and exploit” growth strategy to build a geographically focused portfolio with some of the highest per-unit margins in the industry. It aims to develop the acquired properties

Saratoga Resources Announces Plans for Newly-Acquired Gulf Properties; Lease in Little Bay Approved

Saratoga Resources Inc. (ticker: SARA) is an oil and gas exploration and production company concentrating on abundant, low-risk drilling opportunities located in the transition zone off the coast of Louisiana. In some places, including the company’s Grand Bay field, approximately 64 stacked pay sands exist with wells that have been producing for over 50 years. Saratoga announced its Q3’13 results