Finance

Emerald Bay Announces Private Placement

Emerald Bay Announces Private Placement

April 18, 2018 - 4:30 pm Finance, Press Releases

WildHorse Resource Development Corporation Prices $200 Million Offering of Additional 6.875% Senior Notes due 2025

WildHorse Resource Development Corporation Prices $200 Million Offering of Additional 6.875% Senior Notes due 2025

April 18, 2018 - 4:05 pm Finance, Press Releases
Torchlight Energy Announces Proposed Public Offering of Common Stock

Torchlight Energy Announces Proposed Public Offering of Common Stock

Torchlight Energy Resources, Inc. Announces Proposed Public Offering of Common Stock

April 18, 2018 - 4:01 pm Closing Bell Story‎, Finance, Press Releases
Private Equity Firms Pouring Cash into Houston Energy Sector

Private Equity Firms Pouring Cash into Houston Energy Sector

From Chron

Private equity firms including Ares Management and Castle Harlan poured more cash into Houston energy operations this week, snapping up local companies’ oil assets and opening new offices here in a string of deals as rising crude prices …

WildHorse Resource Development Corporation Announces Launch of $200 Million Offering of Additional 6.875% Senior Notes Due 2025

WildHorse Resource Development Corporation Announces Launch of $200 Million Offering of Additional 6.875% Senior Notes Due 2025

April 18, 2018 - 8:00 am Finance, Press Releases

Kontrol Energy Corp. Announces $5 million private placement Debenture and Common Share Unit Offering

Kontrol Energy Corp. Announces $5 million private placement Debenture and Common Share Unit Offering

April 18, 2018 - 8:00 am Finance, Press Releases

Crown Point Announces Filing of Final Prospectus and Key Dates for Rights Offering

Crown Point Announces Filing of Final Prospectus and Key Dates for Rights Offering

April 17, 2018 - 7:47 pm Finance, Press Releases

Basic Energy Services Announces ABL Credit Facility Increase to $150 Million

Basic Energy Services Announces ABL Credit Facility Increase to $150 Million

April 17, 2018 - 4:15 pm Finance, Press Releases

Margaret Lake Diamonds Closes First Tranche of Flow-Through and Non-Flow Through Private Placement for Gross Proceeds of $495,500

Margaret Lake Diamonds Closes First Tranche of Flow-Through and Non-Flow Through Private Placement for Gross Proceeds of $495,500

April 17, 2018 - 8:30 am Finance, Press Releases
WPX Energy: $500 Million Early Settlement of Cash Tender Offers

WPX Energy: $500 Million Early Settlement of Cash Tender Offers

WPX Energy Announces Early Results and Early Settlement of Cash Tender Offers

April 17, 2018 - 7:00 am Closing Bell Story‎, Finance, Press Releases
Razor Energy Reports Q4

Razor Energy Reports Q4

Razor Energy Corp. (ticker: RZE) recorded a positive Q4 2017 net income of $2.3 million, or $0.14 per share. For 2017, the company had a net loss of $3.7 million, or $(0.27) per share. The company produced 4,534 BOEPD in …

Range Announces Credit Facility Renewal and Extension

Range Announces Credit Facility Renewal and Extension

April 16, 2018 - 8:30 am Finance, Press Releases

Marksmen Announces Increase, First Closing and Extension of Private Placement and Operational Update

Marksmen Announces Increase, First Closing and Extension of Private Placement and Operational Update

April 13, 2018 - 4:30 pm Finance, Press Releases

Breitburn Energy Partners Successfully Completes Chapter 11 Reorganization: Emerges as Newly Formed Maverick Natural Resources, LLC, Controlled by Funds and Accounts Managed by EIG Global Energy Partners

Breitburn Energy Partners Successfully Completes Chapter 11 Reorganization: Emerges as Newly Formed Maverick Natural Resources, LLC, Controlled by Funds and Accounts Managed by EIG Global Energy Partners

April 12, 2018 - 6:56 pm Finance, Press Releases

Ensign Closes Second Tranche of Private Placement of Unsecured, Subordinated Convertible Debentures

Ensign Closes Second Tranche of Private Placement of Unsecured, Subordinated Convertible Debentures

April 12, 2018 - 6:22 pm Finance, Press Releases
Oilfield Services and Midstream Bankruptcies

Oilfield Services and Midstream Bankruptcies

Oilfield services bankruptcies since early 2015 have reached $58.5 billion: Haynes and Boone

less damage to midstream sector

Oilfield services

International corporate law firm Haynes and Boone has been tracking and reporting industry developments in oilfield service restructurings. The firm’s …

Daqo New Energy Corp. Announces Pricing of Registered Follow-on Offering of American Depositary Shares

Daqo New Energy Corp. Announces Pricing of Registered Follow-on Offering of American Depositary Shares

April 12, 2018 - 9:00 am Finance, Press Releases
Fieldwood Energy LLC Closes $710 Million Deal

Fieldwood Energy LLC Closes $710 Million Deal

Fieldwood Energy LLC Closes Acquisition of Noble Energy’s Deepwater Assets

April 12, 2018 - 8:03 am Closing Bell Story‎, Finance, Offshore, Press Releases

American Water Announces Pricing of Common Stock Offering of 2,320,000 Shares

American Water Announces Pricing of Common Stock Offering of 2,320,000 Shares

April 11, 2018 - 9:34 pm Finance, Press Releases

American Water Announces Common Stock Offering of 2,320,000 Shares

American Water Announces Common Stock Offering of 2,320,000 Shares

April 11, 2018 - 4:13 pm Finance, Press Releases
E&P Bankruptcy Filings Down 67% in 2017: Haynes and Boone

E&P Bankruptcy Filings Down 67% in 2017: Haynes and Boone

Debt involved in oil and gas company bankruptcies since 2015 totals $90 billion

International corporate law firm Haynes and Boone has tracked 144 North American oil and gas producers that have filed for bankruptcy since the beginning of 2015.

E&P Bankruptcy Filings Down 67% in 2017: Haynes and Boone

These …

Daqo New Energy Corp. Announces Proposed Follow-on Public Offering of American Depositary Shares

Daqo New Energy Corp. Announces Proposed Follow-on Public Offering of American Depositary Shares

April 11, 2018 - 4:00 pm Finance, Press Releases
Diamondback Energy Running 11 Rigs, 5 Frac Crews in the Permian: Production Up 10% over Q4

Diamondback Energy Running 11 Rigs, 5 Frac Crews in the Permian: Production Up 10% over Q4

Diamondback Energy, Inc. (ticker: FANG) produced 102.6 MBOEPD in Q1 2018. This is 10% more than Q4 2017 production volumes of 92.9 MBOEPD. Diamondback is currently running 11 drilling rigs and five dedicated completion crews.

Q1 2018 average realized prices …

How Will Higher Taxes Impact Oklahoma?

How Will Higher Taxes Impact Oklahoma?

From NewsOK

Participants in Tuesday’s energy chat on NewsOK asked how recently approved increases in taxes on Oklahoma wells might impact the ongoing resurgence of the state’s oil and gas industry, among other things.

The Oklahoman’s energy writers, Adam Wilmoth …

Calumet Specialty Products Partners, L.P. Announces the Completion of the Early Redemption of the Partnership’s 11.5% Senior Secured Notes due 2021

Calumet Specialty Products Partners, L.P. Announces the Completion of the Early Redemption of the Partnership’s 11.5% Senior Secured Notes due 2021

April 10, 2018 - 9:00 am Finance, Press Releases
EIG’s FS Energy and Power Fund – at $4.3 Billion – is Largest Energy BDC

EIG’s FS Energy and Power Fund – at $4.3 Billion – is Largest Energy BDC

FS Investments (FS) and EIG Global Energy Partners (EIG) closed a transaction today, allowing EIG to manage FS Energy and Power Fund (FSEP). According to the company’s press release, FSEP will be the largest energy-focused business development company (BDC) in …

Icahn at it Again

Icahn at it Again

Last week Carl Icahn gave Sandridge Energy Inc. (ticker: SD) another poke as he suggested an all-cash offer for the company with a major catch – he wants to decide who goes on the company’s board of directors.

Bloomberg reported

Source: Brazos Midstream

Brazos Midstream Holdings Sold for $1.75 Billion

Fort Worth-based Brazos Midstream Holdings, LLC and its financial sponsor, Old Ironsides Energy, have entered into a definitive agreement to sell its Delaware Basin subsidiary companies to North Haven Infrastructure Partners II (NHIP II) and related funds for approximately $1.75 …

Resolute Energy Corporation Announces Closing of $75 Million Additional Senior Notes Offering

Resolute Energy Corporation Announces Closing of $75 Million Additional Senior Notes Offering

April 9, 2018 - 10:16 am Finance, Press Releases

Crown Point Announces Filing of Amended and Restated Preliminary Prospectus for Rights Offering

Crown Point Announces Filing of Amended and Restated Preliminary Prospectus for Rights Offering

April 6, 2018 - 8:53 pm Finance, Press Releases