Financials and Investment News

Plains All American Pipeline & Plains GP Holdings Announce Distributions
United States >> 1/7/2021 - Plains All American Pipeline, L.P. (PAA) and Plains GP Holdings (PAGP) announced their quarterly distributions with respect to the fourth quarter of 2020. ...
Torchlight Eliminates $1,500,000 in Debt
United States >> 1/6/2021 - Torchlight Energy Resources, Inc., an oil and gas exploration company ("Torchlight"), announced that the holders of $1,500,000 of Torchlight's subordinated debt have agreed to convert such debt into t...
Crestwood Midstream Announces Private Offering of $700 Million of Senior Notes
United States >> 1/6/2021 - Crestwood Midstream Partners LP (“CMLP”), a wholly-owned subsidiary of Crestwood Equity Partners LP, announced its intention, subject to market and other conditions, to offer $700 million in aggregate...
Zenith Energy Announces Debt Reduction & Exercise of Warrants
Azerbaijan >> 1/6/2021 - Zenith Energy Ltd. (Zenith) (ZEN), the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it fully repaid one and part...
Convertible Loan Notes and Notice of GM
United Kingdom >> 1/6/2021 - Egdon Resources plc has entered into subscription agreements with Petrichor Partners and Jalapeño (the "Subscription Agreements"), subject to certain terms and conditions, to raise gross proceeds of a...
McDermott Completes New Capital Raise For $560 Million
United States >> 1/5/2021 - McDermott International, Ltd announced that on Dec. 31, 2020, it secured $560 million in new capital. As announced on Nov. 18, 2020, the new capital was provided through a series of transactions which...
Range Announces Offering of Senior Notes
United States >> 1/5/2021 - RANGE RESOURCES CORPORATION intends, subject to market conditions, to offer $500 million aggregate principal amount of senior notes due 2029 (the “Notes”) in a private placement to eligible purchasers...
Prosafe Provides Update on Financial Situation and Process with Lenders
Norway >> 1/5/2021 - Prosafe refers to the information on its financial status and process with lenders that has been provided over time, last on 1st October 2020. ...
Precision Drilling Announces 2020 Debt Repayment
Canada >> 1/5/2021 - Precision Drilling Corporation provides a series of announcements including: 1) debt repayment update; 2) increase in long-term debt reduction target; 3) liquidity update; and 4) drilling activity upd...
ERC Denies Proposed FIT Rate for Ocean Energy Resources
Philippines >> 1/4/2021 - The Energy Regulatory Commission (ERC), in an Order it recently issued, denied the petition filed by the National Renewable Energy Board (NREB) for Feed-in-Tariff for electricity generated from Ocea...
TechnipFMC Announces Total Voting Rights and Share Capital
France >> 1/4/2021 - TechnipFMC plc (FTI) announces that, in accordance with Disclosure Guidance and Transparency Rule 5.6, it hereby notifies the market that as of 30 December 2020, the Company’s capital consists of 449,...
Lansdowne Provides Shareholder Update
Norway >> 12/31/2020 - Lansdowne Oil & Gas plc, the North Celtic Sea focused, oil and gas company, has today been advised by Lampe, Conway & Co LLC ("LC Capital") of the sale of 45,160,668 Ordinary Shares of 0.1 pence each...
Razor Energy Announces Deferral of Interest Payment
Canada >> 12/31/2020 - Razor Energy Corp. will be deferring the scheduled December 31, 2020 interest payment to the Alberta Investment Management Corporation (“AIMCo”) under the existing $47.7 million Term Loan Facility. Th...
GMS Awarded Extension to Conclude Terms for Debt Restructure
United Arab Emirates >> 12/31/2020 - Gulf Marine Services PLC, a leading provider of advanced self-propelled, self-elevating support vessels serving the offshore oil, gas and renewables industries, has been in discussions with its banks ...
Pacific Drilling Announces Successful Completion of Balance Sheet
Germany >> 12/31/2020 - Pacific Drilling S.A. announced that the Company and each of its debtor affiliates have emerged from the Chapter 11 process, signaling the successful completion of the Company’s balance-sheet restruct...
Seadrill Announces Forbearance Agreement
Bermuda >> 12/30/2020 - Seadrill Limited has entered into a forbearance agreement with certain creditors in respect of nine out of the group's twelve senior secured credit facility agreements. ...
COPL Announces £6,000,000 Placing
Nigeria >> 12/30/2020 - Canadian Overseas Petroleum Limited ("COPL"), an international oil and gas exploration and development company focused on sub-Sahara Africa, announces that: ...
Granting of Stock Options
Congo >> 12/30/2020 - Zenith Energy Ltd., the listed international oil & gas production company focused on pursuing African development opportunities, is pleased to announce that it has granted a total of 50,000,000 stock ...
CGG Converts Vendor Loan into Shearwater Shares
France >> 12/30/2020 - CGG SA converted a Vendor Note issued by Shearwater Group on January 8, 2020 with the amount of 49,399,176 US Dollars into shareholding in Shearwater Geoservices Holding AS. Through this transaction, ...
Gulf Keystone Provides Shaikan Payment Update
Iraq >> 12/29/2020 - Gulf Keystone confirms that a gross payment of $10.9 million ($8.6 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during November 2020...

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