BOE Report

Ultra Petroleum Corp. Announces Extension of Early Participation Date, Withdrawal Deadline and Expiration Date for Exchange Offer for 7.125% Senior Notes due 2025

ENGLEWOOD, Colo., June 24, 2019 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) today announced that, with respect to the previously announced private offer to exchange (the “Exchange Offer”) outstanding 7.125% Senior Notes due 2025 (the “2025 Notes”) of its wholly owned subsidiary, Ultra Resources, Inc. (“Ultra Resources”), for up to $90.0 million aggregate principal amount of new 9.00% Cash / 2.50% PIK Senior Secured Third Lien Notes due 2024 of [Read more]

Questerre reports voting results of Shareholders’ Meeting

THIS NEWS RELEASE IS NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICATO UNITED STATES NEWSWIRE SERVICES OR UNITED STATES PERSONS CALGARY, Alberta, June 21, 2019 (GLOBE NEWSWIRE) -- Questerre Energy Corporation (“Questerre” or the “Company”) (TSX,OSE:QEC) reported that all matters presented for approval at its annual and special meeting of shareholders held on June 18, 2019 (the “Meeting”) have been approved. At the Meeting, by vote by way of a show of hands, an ordinary [Read more]

Apache Corporation Announces Pricing of Cash Tender Offers

HOUSTON, June 19, 2019 (GLOBE NEWSWIRE) -- Apache Corporation (NYSE, NASDAQ: APA) today announced the pricing of the previously announced cash tender offers (each, an “Offer” and, collectively, the “Offers”) to purchase a portion of its outstanding 2.625% notes due 2023, 3.625% notes due 2021, 3.250% notes due 2022, 6.000% notes due 2037, 7.625% notes due 2096, 7.750% notes due 2029, 7.950% notes due 2026, 7.700% notes due 2026, and 7.375% notes due 2047. Apache’s Offer to Purchase, dated June [Read more]

Cenovus announces pricing for cash tender offers

CALGARY, Alberta, June 18, 2019 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has determined the pricing for the previously announced cash tender offers (the “Tender Offers”) for up to US$748,009,000 aggregate principal amount (the “Revised Maximum Amount”) of its 4.450% Notes due 2042, 5.200% Notes due 2043, 3.000% Notes due 2022, 4.250% Notes due 2027, 5.250% Notes due 2037, 5.400% Notes due 2047 and 3.800% Notes due 2023 (collectively, the “Notes”). The Tender Offers were [Read more]

Green Plains Announces Proposed Private Offering of $100 Million Aggregate Principal Amount of Convertible Senior Notes

OMAHA, Neb., June 18, 2019 (GLOBE NEWSWIRE) -- Green Plains Inc. (NASDAQ:GPRE) today announced that it intends to offer $100 million aggregate principal amount of convertible senior notes due 2024 in a private placement to qualified institutional buyers (as defined in Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”)), subject to market and other conditions. The notes will be convertible into cash, shares of the company’s common stock or a combination of cash and [Read more]

Cenovus announces results of cash tender offers

Debt repurchase demonstrates continued deleveraging progressCALGARY, Alberta, June 18, 2019 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) intends to repurchase US$748,009,000 aggregate principal amount (the “Revised Maximum Amount”) of its debt as the result of successful cash tender offers (the “Tender Offers”) for certain of its outstanding Notes (as defined below) announced on June 4, 2019. The repurchase demonstrates continued progress in deleveraging Cenovus’s balance [Read more]

Delphi Energy Corp. Announces Sale of a Portion of Its Excess Alliance Service and Provides Credit Facility Update

CALGARY, Alberta, June 17, 2019 (GLOBE NEWSWIRE) -- Delphi Energy Corp. (“Delphi” or the “Company”) announces the sale of a portion of its Alliance Service and an extension to its senior credit facility. SALE OF A PORTION OF EXCESS ALLIANCE FIRM TRANSPORTATION SERVICE Delphi has entered into a binding agreement to sell and permanently assign 16 mmcf/d (approximately 35 percent) of its firm full-path service to the Chicago area on the Alliance pipeline system for $11.9 million. The transaction [Read more]

Denbury Announces Early Participation Results of Successful Exchange Offers for Subordinated Notes Due 2021 and 2022 and Second Lien Notes Due 2024

PLANO, Texas, June 17, 2019 (GLOBE NEWSWIRE) -- Denbury Resources Inc. (NYSE: DNR) (“Denbury” or the “Company”) today announced the early participation results of its exchange offers to: Eligible Holders (as defined below) of its 6⅜% Senior Subordinated Notes due 2021 (the “2021 Notes”) and its 5½% Senior Subordinated Notes due 2022 (the “2022 Notes” and, together with the 2021 Notes, the “Old Subordinated Notes”) (the “Subordinated Notes Exchange Offers”); and Eligible Holders of its 7½% [Read more]

Ultra Petroleum Corp. Announces Extension of Early Participation Date and Withdrawal Deadline for Exchange Offer for 7.125% Senior Notes due 2025

ENGLEWOOD, Colo., June 17, 2019 (GLOBE NEWSWIRE) -- Ultra Petroleum Corp. (“Ultra Petroleum” or the “Company”) (NASDAQ: UPL) today announced that, with respect to the previously announced private offer to exchange (the “Exchange Offer”) outstanding 7.125% Senior Notes due 2025 (the “2025 Notes”) of its wholly owned subsidiary, Ultra Resources, Inc. (“Ultra Resources”), for up to $90.0 million aggregate principal amount of new 9.00% Cash / 2.50% PIK Senior Secured Third Lien Notes due 2024 of [Read more]

Peyto Exploration & Development Corp. Confirms Dividends for July 15, 2019

CALGARY, Alberta, June 14, 2019 (GLOBE NEWSWIRE) -- Peyto Exploration & Development Corp. (TSX: PEY) ("Peyto") confirms that the monthly dividend with respect to June 2019 of $0.02 per common share is to be paid on July 15, 2019, for shareholders of record on June 30, 2019.  The ex-dividend date is June 27, 2019. Dividends paid by Peyto to Canadian residents are eligible dividends for Canadian income tax purposes. Shareholders and interested investors are encouraged to visit the Peyto [Read more]