Finance

Finance - Buy Backs

Free

EP Energy Subsidiary Opens Tender Offer

There is $750 million, in aggregate principal amount, of the notes due 2019. The tender offer is scheduled to close May 27 unless extended or ended earlier.  

Tue, 05/19/2015 - 11:38
Free

Genesis Energy Opens Tender Offer, Offers Notes

Net proceeds from a public offering of $400 million, in aggregate principal amount, will fund purchase price and unpaid interest for the validly tendered 7.875% senior unsecured notes due 2018. 

Thu, 05/14/2015 - 12:17
Free

Rex Energy Opens Note Exchange Offer

The exchange will fulfill registration obligations for the private placement notes. A registration statement was filed with the Securities and Exchange Commission. The offer is scheduled to close June 8. 

Fri, 05/08/2015 - 16:18
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

Finance - Debt

Free

Columbia Pipeline Will Offer Notes

Notes will be issued in separate series. Net proceeds will pay about $1.02 billion in intercompany debt between Columbia and parent company NiSource Inc., and dividend concerning Columbia’s planned separation.

Tue, 05/19/2015 - 14:20
Free

EP Energy Subsidiary Opens Tender Offer

There is $750 million, in aggregate principal amount, of the notes due 2019. The tender offer is scheduled to close May 27 unless extended or ended earlier.  

Tue, 05/19/2015 - 11:38
Non-free

Atlas Dropdown Acquisition To Dilute MLP’s Equity

After three years and $2.2 billion spent buying Eagle Ford, Permian and Arkoma Basin assets, Atlas plans to use $35 million in proceeds to pay down debt.

 

Tue, 05/19/2015 - 10:59
Non-free

Bankrupt ERG Resources To Sell Century-Old Oil Field

The company, struggling after a $665 million deal fell apart, is also selling Liberty County, Texas, oil and gas leases it owns and operates on about 680 net acres.

Darren Barbee
Mon, 05/18/2015 - 14:22

Finance - Equity

Free

TRP Energy Receives $250 Million In Equity

 TRP Energy LLC develops nonoperated working interests in domestic onshore plays. It’s led by CEO Trent Foltz and President Randy Dolan, who previously led J.P. Morgan’s technical upstream A&D practice.

Thu, 05/21/2015 - 15:29
Free

Private Equity Keeps Busy While Industry Awaits Price Rebound

While M&A activity has slowed in the energy sector, private equity is finding new ways to invest until it picks up again.

Wed, 05/20/2015 - 10:04
Free

Linn Energy Offers Common Units

Net proceeds will repay outstanding credit facility debt that was incurred to support open market buybacks of Linn and Berry's senior notes. Underwriters can purchase 2.4 million additional units.

Mon, 05/18/2015 - 16:55
Free

S&P Cuts SandRidge’s Ratings On Share Swap

SandRidge Energy Inc. swapped shares for two classes of notes held by single investor. Holder will receive stock for combined $50 million of 7.5% notes and 8.125% notes, Bloomberg said.

Fri, 05/15/2015 - 09:51

Finance - Redemptions

Free

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
Free

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