Savannah Petroleum Plc : Proposed placing of new ordinary shares to raise approximately us$40 million . Part of proceeds are intended to be used to recommence ground operations on company's assets in H2 2016 Further company coverage: [SAVP.L].
Abraxas Petroleum Corp :Files for mixed shelf of upto $200 million - SEC Filing.
Cassandra Oil AB : Carries out rights issue . Rights issue to generate proceeds of up to 22.6 million Swedish crowns ($2.72 million) . Subscription price for each new share shall be 1.50 crown . Proceeds to be used for strengthening the company's financial position and further development of the company's products . Issue is fully guaranteed by Gabrielsson Invest AB, Invium Partners AB, Gryningskust Holding AB and major shareholder Anders Olsson .Subscription period to run from June 23 to July 7.
Synergy Resources Corp : On June 14, 2016, co entered into note purchase agreement with two institutional investors - SEC filing . Synergy issued and sold to investors $80 million aggregate principal amount of its 9.00 pct senior unsecured notes due 2021 Source: (http://1.usa.gov/24Pa8u5 ) Further company coverage: [SYRG.A] (Bengaluru Newsroom: +1 646 223 8780).
Ginger Oil AB : Raises proceeds of 2.5 million Swedish crowns ($302,788) in new capital through call-off from financing agreement with EQTarg Capital AB . EQTarg Capital has committed to convert capital injection into shares - to subscribe for 333,333 shares at 7.50 crowns per share .Capital injection will be used to finance company reconstruction of Ginger Oil's wholly owned US subsidiary.
WPX Energy Inc :WPX Energy Inc files for common stock offering of up to 45 mln shares - SEC filing.
Stone Energy Corporation : 1-For-10 reverse stock split will be effective after market closes on june 10, 2016 .Announces 1-For-10 reverse stock split.
California Resources Corp : Reverse stock split proportionally reduced total number of shares outstanding from approximately 410 million to approximately 41 million . Concurrently with reverse split, authorized shares reduced from 2 billion to 200 million, authorized preferred stock reduced to 20 million . Each 10 shares of company's common stock outstanding were combined into 1 share of common stock .California Resources Corporation announces 1-for-10 reverse stock split.