Sunday, February 2, 2025

Enterprise Declares 46th Consecutive Quarterly Distribution Increase, Affiliates of GP to Purchase $200 Million of Common Units in First Quarter 2016

Follow-Up Release Enterprise Products Partners L.P. (EPD) (“Enterprise”) announced today that the board of directors of its general partner declared an increase in the quarterly cash distribution paid to partners to $0.39 per common unit, or $1.56 per unit on an annualized basis. The quarterly distribution will be paid on Friday, February 5, 2016, to unitholders of record as of

Swift Energy Company and Texegy LLC Announce Central Louisiana Property Transaction

Swift Energy Company (OTC PINK: SFYW) (the “Company”) and TEXEGY LLC (“Texegy”) today announced that U.S. subsidiaries of the Company and Texegy have entered into a purchase and sale agreement (the “PSA”) providing for the Company to sell to Texegy a 75% share of the Company’s holdings in the South Bearhead Creek Field and Burr Ferry Field areas located in

Swift Energy Company Enters Into Comprehensive Restructuring Support Agreement with Majority of Senior Noteholders and Files Chapter 11 to Effectuate Restructuring

Agreed Plan of Reorganization to Reduce Financial Leverage, Improve Liquidity and Provide for Payment of Unsecured Trade Claims  $75 Million of Debtor-in-Possession Financing to Provide Additional Liquidity Swift Energy Company (OTC PINK: SFYW) (“the Company”) announced today that it has reached an agreement with holders of a majority of its senior notes to convert all senior notes to equity pursuant

BPZ Resources, Inc. Announces Effectiveness of Plan of Liquidation

As previously announced, on November 12, 2015, the Bankruptcy Court entered an order confirming the Company’s Second Amended Plan of Liquidation and Second Amended Disclosure Statement.  On December 31, 2015, all conditions to the occurrence of the effective date set forth in the Plan and the Confirmation Order were satisfied or waived in accordance therewith and the effective date of