Finance

Finance - Buy Backs

Free

Bill Barrett Announces $25.3 Million Buyback Offer

The Denver company said it has sufficient cash on hand to fund the purchase price of the notes.

Emily Moser
Thu, 02/19/2015 - 09:32
Free

Memorial Production Partners Launches $150 Million Buyback Program

Despite the recent commodity price volatility, the company remains confident in its ability to maintain distributions, CEO says.

Emily Moser
Fri, 12/19/2014 - 07:12
Free

Memorial Resource Announces $50 Million Buyback Program

The Houston company enacted the program to allow to quickly and efficiently take advantage of any share price volatility in the future.

Emily Moser
Mon, 12/15/2014 - 13:20
Non-free

Freeport-McMoRan Details Tender Offer Results

The offer was funded through proceeds from the parent company’s completed Nov. 14 issuance of $3 billion in senior notes. 

Fri, 12/05/2014 - 14:13

Finance - Debt

Free

Halcon Resources Offers Notes

Second-priority liens on Halcón's and subsidiary guarantors' assets secure the credit facility, and will also secure the notes. Net proceeds will repay some outstanding borrowings and support general corporate purposes. 

Tue, 04/21/2015 - 12:09
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Canadian Banks Owe US Energy Companies $478 Million

U.S. oil and gas companies bought insurance against low oil prices. Now, several Canadian banks need to pay at least US$478 million of US$26 billion to those companies, Bloomberg said. 

Tue, 04/21/2015 - 11:32
Free

Oasis Redetermines Borrowing Base

The borrowing base facility is supported by 18 financial institutions.

It stands at $1.7 million after the semiannual redetermination. The next redetermination is scheduled for Oct. 1.

Mon, 04/20/2015 - 10:42
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Petrobras CEO Faces Regulatory, Financial Hurdles

Petrobras’ new CEO is close to getting auditors to approve financial results. But cash must be generated to pay oil’s largest debt load, while also developing offshore fields, Bloomberg said. 

Fri, 04/17/2015 - 15:42

Finance - Equity

Free

Tall Oak Midstream II Formed With $300 Million In Equity

Tall Oak Midstream II LLC will support midstream opportunities in other North American resource plays while Tall Oak Midstream LLC will continue operating and expanding its Midcontinent U.S. midstream assets. 

Fri, 04/24/2015 - 11:13
Non-free

Private Equity Sets Eyes On Opportunities Ahead

Capital markets are open, and billions of dollars are flowing into the U.S. energy sector today. Private-equity investors are not seeing many bargains yet, but expect more will come if low commodity prices persist. 

Thu, 04/23/2015 - 14:20
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CohnReznick Capital Markets Expands Investment Banking Services To Oil, Gas Sectors

CohnReznick Capital Markets Securities LLC announced an expansion of its investment banking services to the oil and gas sector, including the hiring of additional, key personnel. 

Tue, 04/21/2015 - 10:22
Free

Old Ironsides Closes Energy Fund II

Fund II will acquire and develop upstream and midstream assets in the U.S. and Canada. The fund closed oversubscribed. To date, it has made three commitments.

Mon, 04/20/2015 - 15:37

Finance - Redemptions

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Encana Closes Bought Deal Offer

On April 6, the proceeds will redeem US$700 million in long-term debt that matures in 2017 and CA$750 million in long-term debt that matures in 2018. 

Mon, 03/16/2015 - 09:56
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Dominion Will Redeem 2009 Enhanced Junior Subordinated Notes

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.

Thu, 09/25/2014 - 09:33
Non-free

Pioneer Energy Services Will Redeem Notes

The notes will be redeemed on Oct. 23, the company said.

Tue, 09/23/2014 - 10:24
Non-free

Range Resources Will Redeem Notes

They will be redeemed on June 26, Range said.

Wed, 05/28/2014 - 09:59

Finance - Restructuring

Free

Canadian Court Allows Connacher To Lower Interest Payments

Connacher doesn’t have to immediately pay US$128 million loan. Small oil sands developers including Connacher fight for survival with crude trading at just over half its value from June. 

Fri, 04/24/2015 - 16:18
Non-free

Meet The Companies That Have Dealt Themselves In On 2015 A&D

After Shell’s $70 billion deal, ExxonMobil and Chevron are in the hunt with several large U.S. E&Ps. But in the Permian Basin, the bid-ask spread remains too wide for deals.

Darren Barbee
Mon, 04/13/2015 - 15:38
Non-free

Even More Global: Shell Megamerger Offers Big Premium For BG Group

Shell, already one of the world’s largest oil and gas companies, would strengthen its LNG portfolio and gain access to premier offshore Brazil deepwater oil in a mega-merger.

Darren Barbee
Wed, 04/08/2015 - 14:05
Free

Connacher’s Out-Of-Court Restructuring Bid Denied

Connacher Oil & Gas Ltd.’s bid to restructure out of court in Canada was rejected after Credit Suisse sued in New York state court, citing Connacher’s loan default, Bloomberg said. 

Tue, 04/07/2015 - 10:20