Finance - Buy Backs
The buyback is scheduled to close March 31, 2016, Eagle Rock said.
The program will be in place for 36 months, the company said.
Payments for repurchased shares will be funded through working capital, Sandridge said.
Consol will use the net proceeds to buy back up to $200 million, in principal amount, of its 8.25% notes due 2020.
Finance - Debt
The portion of the loans from Japan Bank for International Cooperation and six other banks is insured by Nippon Export and Investment Insurance.
The notes are due 2022.
The company closed a US$25 million secured credit facility.
The 7.5% senior notes are due 2020.
Finance - Equity
Net proceeds will fund part of the purchase price for the Nuevo Midstream LLC acquisition, the company said.
The shares, listed on the New York Stock Exchange under the ticker “SHLX,” will start trading Oct. 29.
The units were approved to list on the New York Stock Exchange under the ticker 'AM.'
Warburg Pincus Energy LP started gathering money in November 2013.
Finance - Redemptions
The redemption price will be 100% of the principal amount, plus accrued and unpaid interest to, but not including, the redemption date of $0.17 per $25.
The notes will be redeemed on Oct. 23, the company said.
They will be redeemed on June 26, Range said.
The redemption price will be 103.813% of the notes’ principal amount, plus accrued and unpaid interest, NRG said.
Finance - Restructuring
David C. Baggett is managing partner of Opportune LLP, which Endeavour is working with during a financial restructuring, the company said.
The restructuring will "bolster liquidity," said Anthony C. Schnur, CEO.
As a result of the previously announced restructuring, Lone Pine whittled long term debt to CA $90 million, down from CA $395 million, the company said.
The name change and receipt of the stock symbol end the Dec. 9, 2013 asset purchase agreement between Bering Exploration and Breitling Oil and Gas Corp., the company said.
Hart Energy Events
9/24/14Webinar: Coriolis Principles and Considerations for Entrained Gas in the Upstream Market
11/10/14Conference: Executive Oil Conference - Platinum Performance in the Permian Basin
11/20/14Conference: North American LNG Exports - Expanding Beyond the Gulf Coast
1/27/15Conference: Marcellus-Utica Midstream - Extending the Reach: Meeting Global Demand