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Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:15 EDTEXXI, FTK, CLB, BAS, MILL, SSN, MPET, END, ATLS, PQ, SYRG, GDP, WFTEnerCom to hold a conference
London Oil & Gas Conference to be held in London, England on June 10-11 with webcasted company presentations to begin on June 10 at 4 am; not all company presentations may be webcasted. Webcast Link
News For EXXI;GDP;SYRG;PQ;ATLS;END;MPET;SSN;MILL;BAS;CLB;FTK;WFT From The Last 14 Days
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September 2, 2014
18:26 EDTENDOn The Fly: After Hours Movers
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16:18 EDTENDEndeavour decides not to make interest payments on notes
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09:34 EDTEXXIEnergy XXI downgraded to Hold from Buy at MLV & Co.
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07:03 EDTGDPGoodrich Petroleum completes Denkmann 33-28H-2 well in Mississippi
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August 29, 2014
17:23 EDTMILLDavid Voyticky reports 5.2% passive stake in Miller Energy
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13:14 EDTGDPGoodrich Petroleum management to meet with SunTrust
Meeting to be held in New York on September 3 hosted by SunTrust.
August 28, 2014
08:05 EDTMILLMiller Energy hires independent marketing firm for Tennessee assets divesture
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August 26, 2014
05:27 EDTSSNSamson Oil & Gas provides operational advisory
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August 22, 2014
16:18 EDTWFTWeatherford recommends rejection of 'Mini-Tender' offer by TRC Capital
Weatherford International has received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 5M shares, or approximately 0.65%, of the outstanding ordinary shares of Weatherford at $21.15 per share. TRC Capital's offer is approximately 4.3% below Weatherford's closing price of $22.10 on August 18, the day before the offer commenced. Weatherford does not endorse this unsolicited mini-tender offer and recommends that shareholders reject the offer. Weatherford recommends that shareholders who have not responded to TRC Capital reject the offer by taking no action because the offer is at a price below the current market price for Weatherford shares and is subject to numerous conditions, including any decrease in the market price of Weatherford's shares and the ability of TRC Capital to obtain financing on satisfactory terms. Weatherford further recommends that shareholders who have already tendered shares in TRC Capital's offer withdraw their shares by providing the written notice described in the offering documents prior to the time of expiration stated in the offer, which is on Thursday, September 18.
07:28 EDTPQPetroQuest shares well-positioned after pullback, says Stifel
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August 21, 2014
08:17 EDTMILLMiller Energy receives $31.2M tax credit certificate
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August 20, 2014
08:21 EDTMILLMiller Energy increases total proved reserves from $361M to $448M
Miller Energy announced a substantial increase in the estimated value of its reserves located in the Cook Inlet area of Alaska in a recently issued reserve report commissioned by the company. Total proved PV-10 increased from $360.9M at April 30 to $447.6M at July 31. Miller CEO Scott M. Boruff stated, "This increase demonstrates reserve growth in our Alaskan assets, including Redoubt, West McArthur River and North Fork. As we prove up additional fault blocks at Redoubt and begin drilling out our promising Sabre prospect, we expect further meaningful additions to our reserves, as well as strong increases in production."

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