Brigham Exploration Co., Austin, Texas, (Nasdaq: BEXP) reports the results to date of its previously announced cash tender offer and consent solicitation for any and all of its $160 million outstanding principal amount of 9 5/8% senior notes due 2014, and receipt of the requisite consents to adopt the proposed amendments to the indenture governing the notes.

As of Sept. 24, the deadline for holders to tender their notes in order to receive the consent payment, tenders and consents had been received from holders of $154.4 million in aggregate principal amount of the notes, representing approximately 96.5% of the outstanding notes.

If the conditions set forth in the offer are met and Brigham accepts the notes tendered by the consent date, Brigham intends to call for redemption on Oct. 8 all notes that remain outstanding after the consummation of the offer at a redemption price of $1,048.13 per $1,000 principal amount of notes, plus accrued and unpaid interest up to, but not including, the redemption date.

Credit Suisse and BofA Merrill Lynch are dealer managers and solicitation agents.

Brigham has oil and gas assets along the Gulf Coast; the Anadarko Basin in the Texas Panhandle and western Oklahoma; the Powder River Basin and Williston Basin in the Rockies; and the Permian Basin in West Texas.