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Oil & Gas Drilling

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Ocean RIG UDW announces reverse stock split

Tuesday, 19 Sep 2017 04:45pm EDT

Sept 19 (Reuters) - Ocean RIG UDW Inc :Ocean RIG UDW Inc announces reverse stock split.Ocean RIG UDW Inc - Reverse stock split will take effect on September 21, 2017.Ocean RIG UDW Inc - Co's ‍board of directors has determined to effect a 1-for-9,200 reverse stock split of company's common shares​.

Mitchell Services announces capital raising

Thursday, 14 Sep 2017 07:09pm EDT

Sept 15 (Reuters) - Mitchell Services Ltd :Raised about $2.52 million before costs via an institutional placement at an issue price of $0.034 per share.To raise about $6.27 million before costs via a 1 for 8 fully-underwritten non- renounceable entitlement offer at an issue price of $0.034 per share.Proceeds from equity raising to be used to fund mobilisation of unutilised rigs.

Nabors announces agreement to acquire Tesco Corp in an all-stock transaction

Monday, 14 Aug 2017 06:00am EDT

Aug 14 (Reuters) - Nabors Industries Ltd :Nabors announces agreement to acquire Tesco Corporation in an all-stock transaction that values Tesco common stock at $4.62 per share.Nabors Industries Ltd - first year operating synergies are expected to approach $20 million with full run-rate operating synergies of $30 million to $35 million.Nabors - ‍to buy all issued, outstanding shares of Tesco, with each outstanding Tesco share being exchanged for 0.68 common shares of Nabors​.

Sinopec Oilfield Service requests suspension in trading of A shares

Thursday, 10 Aug 2017 09:07am EDT

Aug 10 (Reuters) - Sinopec Oilfield Service Corp <600871.SS>:Company has requested to suspend trading of A shares of company on Shanghai Stock Exchange from 11 August 2017.Trading of A shares of company will be resumed within ten trading days from date of suspension.Trading of H shares of company on stock exchange of Hong Kong Limited shall continue.Company is in process of contemplating a proposed non-public placing of shares which involves significant uncertainties.Non-public placing of A and H shares will be no more than ten each.China Petrochemical Corporation and/or its units will participate in & subscribe for no less than 50 pct of placed shares.Detailed terms of non-public placing have not been finalized & placing still has uncertainties which may or may not proceed.

National Drilling says Al Safat Investment sells 1 mln shares in co

Wednesday, 19 Jul 2017 04:05am EDT

July 19 (Reuters) - National Drilling Co ::Al Safat Investment sells 1 million shares in co for $8.3 million.

Songa Offshore says issued 222,000 new shares at par value for delivery under long term incentive program

Thursday, 29 Jun 2017 11:05am EDT

June 29 (Reuters) - Songa Offshore Se :Songa Offshore says issued 222,000 new shares at par value for delivery under the long term incentive program.Following the share issue, the number of ordinary shares in the company has increased to 129.8 million.

Boart Longyear updates on proceedings by entities associated with Anthony Maurici

Monday, 12 Jun 2017 09:33pm EDT

June 13 (Reuters) - Boart Longyear Ltd ::Refers to commencement of proceedings by entities associated with Anthony Maurici, which hold about 2.8 pct of co's ordinary shares.Advises that supreme court of New South Wales dismissed application by entities associated with Anthony Maurici for an injunction.Co's AGM will proceed as planned and all resolutions relating to co's proposed recapitalisation will be considered at meeting.

Bonheur: successful placement of new senior unsecured bond issue

Friday, 12 May 2017 09:29am EDT

May 12 (Reuters) - BONHEUR ASA :BONHEUR ASA - SUCCESSFUL PLACEMENT OF NEW SENIOR UNSECURED BOND ISSUE.HAS SUCCESSFULLY COMPLETED A NEW SENIOR UNSECURED BOND ISSUE OF NOK 500 MILLION WITH MATURITY IN MAY 2022.BOND ISSUE WAS OVERSUBSCRIBED..NET PROCEEDS FROM BOND ISSUE WILL BE USED FOR GENERAL CORPORATE PURPOSES..

Songa Offshore issues new ordinary shares

Monday, 8 May 2017 10:48am EDT

May 8 (Reuters) - Songa Offshore Se :Says the Company has received exercise of a total of 10,863,198 warrants and have today issued 10,863,198 ordinary shares in the company.Says Perestroika AS, represented on the board of Songa Offshore SE, has exercised all of their 9,472,483 warrants and after the transaction, Perestroika AS, including related parties, owns 59,567,340 shares.Says the number of ordinary shares in the Company has increased to 124,168,710.

Archer sold 6.2 mln shares out of 16.8 mln offering

Wednesday, 19 Apr 2017 03:31pm EDT

April 19 (Reuters) - Archer Ltd :Announces preliminary result of the subsequent share offering.Preliminary results show that a total of 6,205,552 new shares were subscribed for in subsequent offering.Subsequent offering was for of up to 16,800,000 new shares.

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