Integrated Oil & Gas

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Green Dragon Gas ltd announces exercise of warrants for consideration of $43 mln

Thursday, 18 Dec 2014 02:00am EST

Green Dragon Gas ltd:Receives 27,129,000 pounds ($42,592,000) and issued 13,756,000 shares to the Chandler Corporation, following the exercise of 13,756,000 warrants.The warrants were issued in June 2013 at market with an exercise price fixed at 1.97216 pounds concurrent with the disposal of downstream distribution assets that were deemed non-core to the growing upstream production assets of the company.The new ordinary shares will rank pari passu in all respects with the existing ordinary shares.Following the issue of the new ordinary shares, the company's total share capital will be 156,072,289 shares.

Oando Plc announces rights issue

Thursday, 20 Nov 2014 07:00pm EST

Oando Plc:Announces that it has notified the Exchange of its Rights Issue of 2,217,265,184 ordinary shares of 50k each at 22 Nigerian nairas per share, on the basis of one new share for every four ordinary shares held as at July 25.

Egypt Kuwait Holding Co SAE announces further information concerning capital increase through rights issue

Thursday, 16 Oct 2014 08:00pm EDT

Egypt Kuwait Holding Co SAE:Says that the Listing Committee has approved to list the capital increase for the company to $243,914,564.5 from $209,823,655.5.Says the $34,090,909 , capital increase is through rights issue for the company's existing shareholders, distributed over 136,363,636 shares at a par value of $0.25.Says the new shares will be added to the EGX database effective as of Oct. 23 trading session.

Chinese Energy Holdings Limited announces completion of placing of new shares under general mandate

Friday, 15 Aug 2014 09:02am EDT

Chinese Energy Holdings Limited:Says all the conditions of the placing have been fulfilled and the completion of the Placing took place on Aug. 15.211,760,000 placing shares have been successfully placed by the placing agent to not less than six placees at the placing price of HK$0.18 per placing share pursuant to the terms and conditions of the placing agreement.

Chinese Energy Holdings Limited announces placing of new shares

Monday, 4 Aug 2014 12:01am EDT

Chinese Energy Holdings Limited:Says on Aug. 01 company and Placing Agent entered into Placing Agreement.Whereby company has conditionally agreed to place, through Placing Agent, of up to 211,760,000 Placing Shares to currently expected not less than six Placees at Placing Price of HK$0.18 per Placing Share.

Paramount Resources Ltd completes previously announced equity offerings for gross proceeds of about $350 mln

Wednesday, 9 Jul 2014 08:40am EDT

Paramount Resources Ltd:Completed its previously announced public offering of 4,600,000 Class A Common Shares at price of $60.00 per share for gross proceeds of $276,000,000.And 900,000 Class A Common Shares issued on flow-through basis in respect of Canadian exploration expenses at price of $74.40 per share for gross proceeds of $66,960,000.Both common shares and flow-through shares were sold through syndicate of underwriters co-led by BMO Capital Markets, RBC Capital Markets, Scotiabank and Peters & Co. Limited.

ANK Bashneft' OAO approves share capital increase-Interfax

Friday, 4 Jul 2014 12:27am EDT

ANK Bashneft' OAO:The board of directors of Bashneft has approved an increase in charter capital via a public placement of up to 37 million ordinary shares, the company said in a statement-Interfax.Bashneft shareholders will have preemptive rights to purchase the shares in proportion to their holdings.The board will set the placement price for the shares, including the price for current shareholders exercising preemptive rights, when the preemptive rights period expires, but no later than the beginning of the share placement.Shareholders of record on July 3 will receive preemptive rights to purchase the shares.The board also called an extraordinary meeting of shareholders on Aug. 14 to be held on a correspondence basis, at which shareholders will vote on whether to approve the underwriting agreement.

Egypt Kuwait Holding Co SAE completes second phase of subscription to capital increase

Wednesday, 25 Jun 2014 08:00pm EDT

Egypt Kuwait Holding Co SAE:States that the number of shares subscribed in the second phase of Arab Republic of Egypt and Kuwait amounted to 277,601,239 shares and the number of times the coverage rate of 23 times.

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