Oil & Gas Exploration and Production

Breitburn Energy Partners LP announces $1 billion strategic investment by EIG Global Energy Partners

Breitburn Energy Partners LP:Announced definitive agreements whereby Breitburn will sell $350 million of perpetual convertible preferred units and $650 million of senior secured notes in simultaneous private offerings to investment funds managed by EIG, and other purchasers.These offerings are...

Sunday, 29 Mar 2015 06:28pm EDT

Whiting Petroleum Corp announces completion of offering of common stock and senior notes

Whiting Petroleum Corp:Says that it completed its previously announced registered public offering of 35,000,000 shares of its common stock for total net proceeds of about $1.0 billion, after deducting underwriter's discounts and commissions.Also announced by separate press release that it has...

Friday, 27 Mar 2015 08:10pm EDT

PA Resources AB files for corporate reorganisation

PA Resources AB:Says as a result of a perceived lack of progress in the negotiations with creditors in the past few days, the board of directors is no longer confident in the ability to reach an agreement with all parties in the near term.Decided to seek protection from creditors by filing an...

Friday, 27 Mar 2015 03:30am EDT

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