Finance - Equity

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ION Geophysical Opens Reverse Stock Split

No fractional shares will be issued with the stock split. Computershare Investor Services is the transfer agent. The stock split became effective after Feb. 4’s market close.

Erin Pedigo
Fri, 02/05/2016 - 10:35
Free

Torrent Oil & Gas Forms Partnership With Natural Gas Partners

Greg Wachel and Henri deLaunay, formerly of Hilcorp Energy Co., lead the company. They have 30 years’ combined experience in acquiring and managing oil and natural gas fields. 

Erin Pedigo
Thu, 02/04/2016 - 17:55
Free

Hess Opens Offerings of Common, Depositary Shares

Net proceeds will strengthen the balance sheet and support general corporate purposes including long-term capital and the cost of capped-call transactions. Goldman Sachs & Co. is book-running manager.

Erin Pedigo
Thu, 02/04/2016 - 17:07
Free

PCORE II Receives $200 Million In Equity From NGP

PCORE II develops core unconventional oil in North America and is led by Mark Hiduke, David Hall, Colin O’Farrell and Billy Hannes. Previously, they led PCORE Exploration & Production LLC.

Erin Pedigo
Mon, 02/01/2016 - 10:42
Free

Plains All American Pipeline Closes $1.6 Billion Preferred Units Private Placement

Net proceeds will be about $1.6 billion, $140 million more than the amount expected due to additional commitments. The proceeds will support capex, debt payments and general partnership purposes.

Erin Pedigo
Fri, 01/29/2016 - 10:38
Free

Oasis Petroleum Raises Stock To Fund Lowered 2016 Capex

Based on its close on Jan. 27 of $5.32, Oasis can raise as much as $208 million from the offering, including the underwriters' option.

Emily Moser
Thu, 01/28/2016 - 07:36
Free

Goodrich Petroleum Opens Note, Stock Exchange Offers

Georgeson Inc. is the information agent and American Stock Transfer & Trust Co. LLC is the exchange agent. The offers will expire on Feb. 24.  

Erin Pedigo
Wed, 01/27/2016 - 09:38
Free

Continental Resources Slashes 2016 Budget By 66%

Harold Hamm canceled Continental's oil hedges in the fall of 2014, a bold bet that now appears misguided as the price of crude has fallen, dragging down profitability, Reuters said.

Erin Pedigo
Tue, 01/26/2016 - 16:57
Free

Warren Equity, Multifuels Launch New Midstream Company

The new midstream company will be led by a seasoned management team that is highly experienced in the development of pipelines, gathering systems and storage assets in the oil and gas industry, the release said.

Emily Moser
Mon, 01/25/2016 - 07:25
Free

Synergy Resources Offers Common Shares

Net proceeds will support general corporate purposes including Wattenberg Field acreage development, repayment of revolving credit facility debts and 2016 capex funding.

Erin Pedigo
Thu, 01/21/2016 - 17:18
Free

Schlumberger Plans $10 Billion Share Buyback

Company cut 10,000 jobs in fourth quarter of 2015. CEO Paal Kibsgaard said the $14.8 billion deal for Cameron International Corp. will close in first quarter of 2016, Reuters reported.

Erin Pedigo
Thu, 01/21/2016 - 17:08
Free

KLR Group Files IPO For Blank-Check Acquisition Company

The firm plans to raise $130 million through the offering of 13 million units sold at $10 per unit, according to Securities and Exchange Commission filings on Jan. 19.

Emily Moser
Thu, 01/21/2016 - 07:55

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