On October 12, 2012, Harvest Natural Resources, Inc. (ticker: HNR) announced its sale of $79.8 million aggregate principal amount of 11% senior unsecured notes due October 11, 2014, and warrants to purchase up to 686,761 shares of its common stock with an exercise price of $10.00 per share. Net cash proceeds were approximately $63.2 million. With $28.7 million of cash
Laredo Petroleum (ticker: LPI) CEO Randy Foutch appeared on Fox Business News’ Markets Now to discuss the current natural gas environment, and how the U.S. can create demand sources for natural gas supply. Watch the latest video at <a href=”http://video.foxbusiness.com”>video.foxbusiness.com</a>
WSJ REPOST: Coal has improbably risen to become one of the top issues of the presidential campaign, with dueling ads about coal in swing states and attacks by each candidate on the other’s position. The battle is escalating even though coal employment is just a shadow of what it was a few decades ago and its use in power generation
WSJ REPOST: Secretary of State Hillary Clinton on Thursday described “energy diplomacy” as a driving force behind U.S. foreign policy and offered a spirited defense of the Obama administration’s foreign-policy record. She also took swipes at rivals, including China and Russia, which she said have used energy as a geopolitical or trade weapon. “Fundamentally, energy is an issue of wealth and
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