Finance

Finance - Buy Backs

Free

Noble Energy Provides Update On Rosetta Note Exchange

Aggregate principal amounts of Rosetta’s 5.625% notes due 2021, 5.875% notes due 2022, and $500 million of 5.875% notes due 2024 were validly tendered on early consent. 

Tue, 07/14/2015 - 10:51
Free

SM Energy Closes Note Exchange Offer

The exchange offer of $600 million of 6.125% senior notes due 2022 for an identical amount of outstanding, identical notes from a private placement closed July 9.

Mon, 07/13/2015 - 14:42
Free

Warren Resources Opens Note Exchange Offer

The 0.09% notes are due in 2022, and were previously issued in a private placement. They will be exchanged for an identical amount of new, identical registered notes.

Mon, 06/22/2015 - 16:43
Free

SM Energy Opens Note Exchange

The outstanding registered 6.125% registered notes will be exchanged for identical notes issued on Nov. 17, 2014 in a private placement. The exchange offer is scheduled to close July 9.  

Wed, 06/10/2015 - 09:08

Finance - Debt

Free

Razing Funds? Goodrich Sells Eagle Ford Acreage, Forfeits Oil Production

In an area where Goodrich spends no capex, the company sold 2,850 boe/d in production in the Eagle Ford but apparently did not receive credit for its undeveloped acreage.

Darren Barbee
Mon, 07/27/2015 - 11:26
Free

US E&Ps Access To Debt Capital Shrinks

The price of WTI crude is down 18% this month, raising fears that banks will cut lines of credit in this autumn’s next biannual review of asset-based revolvers, Reuters said.

Fri, 07/24/2015 - 12:15
Free

Tuscany Renews Credit Facility

After the annual review by its lender, the facility was renewed at an unchanged CA$8.5 million, and unchanged terms. The company has about CA$6.5 million in net debt.

Thu, 07/23/2015 - 11:14
Free

Samson Resources' Lenders Target Restructuring For $4.15 Billion Debt

Samson Resources Corp.’s lenders target restructuring deal for $4.15 billion debt. A $110 million interest payment on bonds is due Aug. 15, people with knowledge of private matter told Bloomberg.

Tue, 07/21/2015 - 11:20

Finance - Equity

Free

Energy Transfer Equity Completes Stock Split

After a two-for-one split, common units began trading on the New York Stock Exchange July 27. Going forward, the quarterly distribution amount will reflect the split.

Mon, 07/27/2015 - 10:38
Free

Bayou City Energy Management Launches First Private-Equity Fund

Bayou City Energy Management LLC is based in Houston. Founding partner William McMullen said Bayou City's first acquisition closed on June 15. Investments range between $5 million and $50 million.

Fri, 07/24/2015 - 09:49
Free

EVX Midstream Formed Through $75 Million In Equity

EVX develops oil and natural gas, and also develops produced-water gathering, processing, treatment and transportation assets, in the Permian Basin, Eagle Ford Shale and Midcontinent.

Wed, 07/22/2015 - 10:14
Free

QEPM, TLLP Merger Approved

The merger of QEP Midstream Partners LP and Tesoro Logistics LP  was approved during a unitholder meeting in San Antonio on July 21.

Tue, 07/21/2015 - 16:44

Finance - Redemptions

Free

Federal Judge: CHK Noteholders Must Get $397.7 Million

A Manhattan federal judge ruled Chesapeake must pay bondholders an additional $379.7 million, after an appeals court ruled a series of senior notes was improperly redeemed at par, Bloomberg said.

Fri, 07/10/2015 - 16:01
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

Finance - Restructuring

Free

Samson Resources' Lenders Target Restructuring For $4.15 Billion Debt

Samson Resources Corp.’s lenders target restructuring deal for $4.15 billion debt. A $110 million interest payment on bonds is due Aug. 15, people with knowledge of private matter told Bloomberg.

Tue, 07/21/2015 - 11:20
Free

Saratoga Files For Chapter 11 Bankruptcy Protection

Chairman and CEO Thomas F. Cooke said the company hopes the Chapter 11 filing will “avert adverse action by Harvest Operating” which holds a $3.7 million arbitration award against Saratoga.

Fri, 06/19/2015 - 12:09
Free

Hercules Gets Creditor Majority To Support Bankruptcy Plan

The restructuring support agreement requires Houston-based Hercules to file for bankruptcy by July 8.

Thu, 06/18/2015 - 09:45
Free

Cerberus Leads Lenders For Samson Resources Restructuring

Cerberus Capital Management LP leads lenders seeking control of KKR & Co.-owned Samson Resources Co. in a restructuring, Bloomberg was told by two people with knowledge of private matter. 

Wed, 06/10/2015 - 11:02