Paying down debt, looking at Permian acquisitions On March 3, 2016, Callon Petroleum (ticker: CPE) announced its intent to issue a total allotment of 15,250,000 shares of common stock including the underwriter’s option, resulting in net proceeds of $86.2 million. Callon intends to use the proceeds from the offering to pay down the existing balance on their revolving credit facility,
Redeterminations Can’t Come Fast Enough: Energy Bankers As we sit here today WTI is trading around $34 per barrel and natural gas at $1.68 per Mcf. Reserve base lending agreements are scheduled to be redetermined in the coming months. Since the fall redeterminations, oil prices have fallen about 24% and gas prices have declined about 33%. From the bankers we
AKITA Drilling Ltd. releases year-end results
MEG Energy’s Board of Directors approves filing of 2015 year-end disclosure documents
Eco-Stim Energy Solutions Announces Timing of Fourth Quarter and Full Year 2015 Financial Results and Conference Call… Username or E-mail Password Remember Me Forgot Password
Chief Justice rules that Clean Air Act enforcement will continue while EPA completes cost analysis In a victory for the Obama Administration, Supreme Court Chief Justice John Roberts has decided unilaterally to allow enforcement of the Clean Air Act to continue, despite the full court’s decision in June that ruled the EPA failed to take into account the costs of
Hawk Announces Updated Bank Credit Facility and G&A Reductions
Oneok Inc. Files SEC Form 10-K, Annual Report [Section 13 And 15(D), Not S-k Item 405] (Feb. 23, 2016)
Atwood Oceanics Inc : Files SEC Form 4, Statement of Changes in Beneficial Ownership of Securities (Feb. 22, 2016)
“System and Method for Performing Downhole Stimulation Operations” in Patent Application Approval Process (USPTO 20160047207)
Researchers Submit Patent Application, “Electrosurgical Devices and Methods”, for Approval (USPTO 20160045256)
