Oil Related Services and Equipment

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Hanwei Energy Services Corp completes fully subscribed rights offering for total proceeds of $7,282,546

Wednesday, 18 Mar 2015 07:30pm EDT

Hanwei Energy Services Corp:Announced that it has completed its previously announced rights offering, which expired on March 17.Received gross proceeds of $7,282,546 from rights offering.Pursuant to rights offering, Hanwei will issue in total 97,100,617 common shares through rights offering, which represents 100 pct. of maximum number of common shares available under rights offering.

KNM Group Bhd announces notice of rights entitlement

Monday, 16 Mar 2015 08:00pm EDT

KNM Group Bhd:Says renounceable rights issue of up to 430,431,442 new ordinary shares of 0.50 Ringgit each.Rights on the basis of 1 rights share for every 5 existing KNM shares held on March 27.together with up to 215,215,721 new free detachable warrants (warrant(s) B) on basis of 1 warrant b for every 2 rights shares subscribed for, at an issue price of 0.50 Ringgit per rights share.

Dayang Enterprise Holdings Bhd completes private placement

Wednesday, 11 Mar 2015 08:00pm EDT

Dayang Enterprise Holdings Bhd:Refers to the announcement made Sept. 03, 2014, in relation to the private placement.Says it has completed the placement of 52,100,000 Dayang Shares representing about 63.15 pct of the total number of shares available under the Private Placement.Says it has no further intention of completing the placement for the remaining 30,399,993 Dayang Shares.Says accordingly the private placement is deemed completed.

PT Sugih Energy Tbk increases shares through warrants

Sunday, 8 Mar 2015 08:00pm EDT

PT Sugih Energy Tbk:Says it has increased shares to 24,677,578,049 on March 9, through exercised warrants by shareholders.

Secure Energy Services Inc. announces upsize of previously announced equity financing to $180 million

Thursday, 5 Mar 2015 09:55am EST

Secure Energy Services Inc:Amends the terms of bought deal equity offering to increase the size of the offering from about C$140 to million to about C$180 mln.Under the terms of Upsized Offering, a syndicate of underwriters co-led by Raymond James Ltd. and FirstEnergy Capital Corp, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 12,286,700 common shares.Says purchase price is C$14.65 per Common Share for gross proceeds of about C$180 mln.In addition, Corporation has granted Underwriters an over-allotment option.Over-allotment option exercisable for a period of 30 days following closing of the Upsized Offering, to purchase up to 1,228,670 additional Common Shares at the Offering Price which if exercised in full would result in additional gross proceeds of about C$18 mln.Proceeds of Upsized Offering are expected to be used by Corporation to fund capital expenditures, acquisitions and for general working capital and corporate purposes.Until deployed for these purposes, proceeds of the Offering will temporarily be used to reduce outstanding indebtedness under Corporation's credit facility.Closing of Upsized Offering is anticipated to occur on or before March 24.

Secure Energy Services announces $140 million bought deal equity financing

Wednesday, 4 Mar 2015 04:09pm EST

Secure Energy Services Inc:Enters into an agreement with a syndicate of underwriters.Underwriters have agreed to purchase, on a bought deal basis, 9,556,500 common shares at a price of C$14.65 per Common Share for gross proceeds of about C$140 mln.Grant the Underwriters an over-allotment option, exercisable for a period of 30 days following closing of the Offering, to purchase up to 955,650 additional Common Shares at the Offering Price which if exercised in full would result in additional gross proceeds of about C$14 mln.Raymond James Ltd. and FirstEnergy Capital Corp. and including National Bank Financial Inc., RBC Capital Markets, TD Securities Inc., CIBC World Markets Inc., acts as underwriters.Also includes Peters & Co Limited, Scotiabank, Canaccord Genuity Corp., Paradigm Capital Inc., AltaCorp Capital Inc., and Mackie Research Capital Corporation.

SeaBird Exploration announces completion of restructuring

Tuesday, 3 Mar 2015 02:01am EST

SeaBird Exploration Plc:Announces completion of restructuring.Says company has issued 6,015,693 preference shares each with a par value $0.1.Says preference shares will be automatically converted into common shares following a reduction of the company's authorized and issued share capital, through the reduction of the nominal value of its shares from $0.1 to $0.0001.Says company's subsidiary Seabird Exploration Finance Ltd has further issued a new secured bond (SBX04).

PT Sugih Energy Tbk increases shares through warrants

Sunday, 22 Feb 2015 07:00pm EST

PT Sugih Energy Tbk:Says it has increased shares to 24,677,544,449 on Feb. 23, through exercised warrants by shareholders.

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