Oil & Gas Drilling
ENSCO plc:Has commenced an underwritten public offering of 50,000,000 Class A ordinary shares.
Petro-king Oilfield Services Ltd:Says company entered into the subscription agreements with each of the subscribers.Gross proceeds of the subscriptions will be approximately HK$73.8 million.Says intends to apply the net proceeds arising from the subscriptions for the repayment of bank borrowings.Subscribers agreed to subscribe for 93.5 million subscription shares at the subscription price of HK$0.79 per subscription share.
Mitchell Services Ltd:Issues 29,411,765 fully paid ordinary shares.
PHX Energy Services Corp:Will issue 5,300,000 common shares at a price of $5.75 per Common Share for gross proceeds of about$30.5 million.Net proceeds of the Offering and the Concurrent Private Placement will be used to temporarily reduce bank indebtedness.
Ocean Rig UDW Inc:Closes previously announced offering of 28,571,428 shares of common stock, par value $0.01 per share, at a price of $7.00 per share.Clarksons Platou Securities, Inc., Pareto Securities Inc. and Seaport Global Securities LLC acted as joint lead managers, joint bookrunners and placement agents in the offering.Net proceeds from the offering were about $193.9 million.To use the net proceeds from the offering for working capital and general corporate purposes, including the acquisition of drilling rigs.
Ocean Rig UDW Inc:Prices the offering of 28,571,428 shares of its common stock, par value $0.01 per share, at a price of $7.00 per share.Offering is expected to close on June 8.
Aban Offshore Ltd announces allotment of equity shares against conversion of preferential warrants to promoter group
Aban Offshore Ltd:Allotted 610,000 shares to Deepa Reji Abraham, belonging to Promoter Group pursuant to receipt of balance 75 pct of purchase price in respect of preferential warrants issued in Feb. 2014.