liquidity

Approach Resources to Boost Liquidity with Note Exchanges

November 3, 2016

Approach Q3: Sets record low quarterly LOE at $3.49 per Boe On Nov. 2, Permian operator Approach Resources (ticker: AREX) published several announcements including its Q3 2016 results and a privately-negotiated exchange of $130 million of 7.00% senior notes due 2021, followed by an exchange offer for the remaining $100 Million of 7.00% senior notes due 2021. 3Q Highlights Production was 12.1 MBOEPD, exceeding

PetroQuest Energy Thunder Bayou La Cantera well

PetroQuest Enhances Liquidity

August 29, 2016

PetroQuest Energy (ticker: PQ) has taken steps to enhance the liquidity of the company and shore up the balance sheet. The company announced that it is commencing an exchange offer for its outstanding 10% senior notes due 2017, and outstanding second lien senior secured notes due 2021. The noteholders have the option of receiving the New Notes and/or common stock.

Samson Oil & Gas Sells North Stockyard Assets

July 1, 2016

Move boosts liquidity Samson Oil & Gas (ticker: SSN) announced an agreement to sell the company’s interest in the North Stockyard field for $15 million. The buyer of the acreage is Angelus Private Equity Group, who has placed a $1 million deposit on the property. Closing is expected to occur on August 31, 2016. The sale will allow Samson to

Deposits in Saudi Banks Down $13.5 Billion in October

November 30, 2015

Saudi Arabia sees a squeeze in liquidity as oil prices remain low Demand for deposits dropped 4.7%, or about $13.5 billion, in Saudi Arabia over the course of October, forcing banks to borrow more from each other. The rate at which banks in Saudi Arabia lend overnight to each other jumped the most in seven years in November, the fifth

An Interview with Manitok Energy CEO Mass Geremia – Part Two

September 30, 2015

Manitok Energy Talks 2015-16 Drill Plans, Hedging, Liquidity and 18-Month Outlook Manitok Energy (ticker: MEI) is a conventional operator focused on projects in Alberta, and the company has spent the last several years amassing a considerable land position with output now approaching 6,000 BOEPD. Its footprint now extends 449,000 gross acres (93% working interest), of which 430,000 gross acres (94%

Approach Resources to Boost Liquidity with Note Exchanges

PetroQuest Enhances Liquidity

Samson Oil & Gas Sells North Stockyard Assets

Deposits in Saudi Banks Down $13.5 Billion in October

An Interview with Manitok Energy CEO Mass Geremia – Part Two

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