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Financials and Investment News

Sundance Takes Action to Strengthen Balance Sheet and Position Business
United States >> 3/9/2021 - Sundance Energy Inc., an onshore independent oil and natural gas company focused on the development of large, repeatable resource plays in North America, announced that it has filed for voluntary Chap...
Parkland Announces $600 Million Offering of Senior Unsecured Notes
Canada >> 3/9/2021 - Parkland Corporation has entered into an underwriting agreement to sell at par, pursuant to a private placement (the “Offering”), $600 million aggregate principal amount of 4.375% Senior Unsecured Not...
Prospex Energy Announces Placing to Raise £750,000
Spain >> 3/9/2021 - Prospex Energy PLC, the AIM quoted investment company focused on European gas and power projects, is pleased to announce that it has raised £750,000 gross via a placing of 50,000,000 new ordinary shar...
COPL Completes £14m Placing & Appointment of Broker
Canada >> 3/9/2021 - Canadian Overseas Petroleum Limited ("COPL"), an international oil and gas exploration and development company, announces the successful completion of the oversubscribed accelerated bookbuild process ...
Seadrill New Finance Limited Announces Extension of Forbearance Agreement
Bermuda >> 3/9/2021 - Seadrill Limited announces that Seadrill New Finance Limited (the “Issuer”), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021, and ext...
Canadian Natural Resources Limited Announces Normal Course Issuer Bid
Canada >> 3/9/2021 - Canadian Natural Resources Limited announced that the Toronto Stock Exchange has accepted notice filed by Canadian Natural of its intention to make a Normal Course Issuer Bid ("NCIB") through the faci...
Application for Listing of Green Minerals AS on Euronext Growth
Cyprus >> 3/9/2021 - SeaBird Exploration Plc announces that its subsidiary Green Minerals AS has sent an application for admission to trading on Euronext Growth. The first day of trading is expected to take place on or ab...
Loan to Proger Managers & Partners srl
United Kingdom >> 3/9/2021 - Cadogan Petroleum plc, the London Stock Exchange listed independent oil and gas company, reports that following the announcement made on 1st March 2021 it has agreed, at the request of the Borrower, P...
Lamprell Announces Revised Date for Full Year Results
United Arab Emirates >> 3/8/2021 - Further to the Financial Reporting Council and the Financial Conduct Authority guidance of 27 January 2021, Lamprell plc announces a delay to the publication of its full year results for the period en...
Spartan Announces Completion of $45M Bought Deal Financing
Canada >> 3/8/2021 - Spartan Delta Corp. has closed its previously announced bought deal public offering of 11,250,000 subscription receipts (the "Subscription Receipts") at a price of $4.00 per Subscription Receipt for a...
Inter Pipeline Announces March 2021 Cash Dividend
Canada >> 3/8/2021 - Inter Pipeline Ltd. announced the declaration of a cash dividend of $0.04 per share for March 2021. This dividend will be paid on or about April 15, 2021 to shareholders of record on March 22, 2021. T...
OGA ESG Taskforce Recommends Enhanced Disclosure and Investor Reporting
United Kingdom >> 3/8/2021 - Vital climate-related information will be included alongside other key metrics in oil and gas operators and licensees’ financial reports, following a successful cross-industry taskforce.

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First Payment for Disposal First Payment for Disposal of Badile Landf Badile Land
Italy >> 3/8/2021 - Sound Energy, the Moroccan focused upstream gas company, announced on 6 August 2020 that its Italian former subsidiary, Apennine Energy SPA ("Apennine"), had entered into a Pre-Sale Agreement with a b...
Diverse Businesses Awarded Over $884M in SoCalGas Contracts in 2020
United States >> 3/8/2021 - Southern California Gas Co. (SoCalGas) announced the company achieved another record year of spending with over 550 diverse business enterprises in 2020—at $884.2 million, the highest in company histo...
NextDecade and Bechtel Complete Pricing Refresh on EPC Agreements
United States >> 3/8/2021 - NextDecade Corporation and Bechtel Oil, Gas, and Chemicals, Inc. (Bechtel) have completed a pricing refresh on the fully wrapped lump-sum turnkey (LSTK) engineering, procurement, and construction agre...
Mandatory Notification of Trade
Norway >> 3/8/2021 - PetroNor E&P announces that NOR Energy AS ("NOR") has undertaken a demerger resulting in a distribution of shares in PetroNor as detailed below. There is no change to the overall interest in PetroNor ...
Gulf Keystone Provides Shaikan Payment Update
Iraq >> 3/8/2021 - Gulf Keystone confirms that a gross payment of $25.2 million ($19.8 million net to GKP) has been received from the Kurdistan Regional Government ("KRG"). The payment is comprised of gross $21.9 millio...
Samsung to Pay $411M to Stena Drilling after Losing Rig Dispute
Scotland >> 3/8/2021 - On 5 March 2021, a London Arbitration Tribunal determined certain issues in dispute between Stena Atlantic Limited and Samsung Heavy Industries over the construction of a harsh environment semi-submer...
ION Announces Rights Offering for New Convertible 2nd Notes
Norway >> 3/5/2021 - ION Geophysical Corporation is proceeding with steps to launch its previously announced rights offering for its New Second Lien Convertible Notes (“New Notes”) or its Common Stock, as part of its res...
Hydro Agrees to Sell Rolling Business Area to KPS Capital Partners
Norway >> 3/5/2021 - Norsk Hydro ASA has entered into an agreement to sell its Rolling business to KPS Capital Partners for EUR 1,380 million on an enterprise value basis. A major step on Hydro's agenda to improve profita...

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