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Warren Resources to refinance with Franklin Square?

27 May 2015 @ 06:51
$250 million First Lien term loan, with $202.5 million of new funds – Exchange of $69.6 million of unsecured high yield notes for $47.2 million of first lien debt Warren Resources, Inc. (Nasdaq:WRES) today announced the closing of a $250 million strategic refinancing with funds sponsored by Franklin Square Capital Partners and sub-advised by GSO […]
 

Little Fish to Swallow Big Fish: Charter & Time Warner

27 May 2015 @ 02:50
The big conversation in the U.S. this morning is the announcement that Charter Communications, Inc. (NASDAQ:CHTR) has entered into an agreement to merge with its bigger rival Time Warner Cable, Inc. (NYSE:TWC) and a smaller rival, Bright House Networks. Bright House is not a publicly-traded company. Some seem to be stunned that Charter and TWC […]
 

Gazit-Globe acquires Norway's Sektor for EUR1.47bn

26 May 2015 @ 06:30
Chaim Katzman, Chairman of Gazit-Globe and Citycon: “This Transaction Strengthens the Position of Gazit-Globe as a Leader in the Global Shopping Center Industry” Gazit-Globe (NYSE:GZT) (TSX:GZT) (TASE:GZT), one of the world’s leading multi-national real estate companies focused on the management, acquisition, development and redevelopment of supermarket-anchored shopping...
 

Armadale Capital: Final results and gold production in Mpokoto details

26 May 2015 @ 06:21
Final Results Armadale, the AIM quoted investment company focused on natural resource projects in Africa, has announced its final results for the year ended 31 December 2014. Highlights – Targeting low capex, low opex commercial gold production in H1 2016 at the Mpokoto Gold Project in the Katanga province of the south of the Democratic […]
 

Ferrex discuss near-term production and cashflow

26 May 2015 @ 06:16
Nayega Manganese Togo Update Ferrex plc, the AIM quoted manganese development and iron ore exploration company focused in Africa, is pleased to announce that its Definitive Feasibility Study for an accelerated start-up at its Nayega Manganese Project in northern Togo is complete and a maiden Ore Reserve has been defined. The project is held through […]
 

Chris Oil Busy City Life and Bowleven

25 May 2015 @ 22:57
I have been keeping my head down and getting on with the job in hand after the national newspapers highlighted the events at a certain company. I hope to continue writing as a hobby with now limited time on my hands. However i still believe as a city investor & financial writer its my role […]
 

Drilling results announced for Bacanora's Sonora lithium project

24 May 2015 @ 09:53
La Ventana Drilling Results, Sonora Lithium Project Mexico Bacanora, the Canadian and London listed (TSX-V:BCN) and (LSE:BCN) lithium and borates company focussed on Mexico,is very pleased to announce assay results from a total of 2,946 metres of drilling in 22 holes recently completed on its wholly-owned La Ventana concession, as well as one hole drilled […]
 

Plutus PowerGen secures new contracts

24 May 2015 @ 09:51
Management Contract Awarded for Fifth 20MW Project Plutus PowerGen plc, the AIM listed power company focused on the development, construction and operation of flexible stand-by electricity generation in the UK, has announced that it has been awarded two further management contracts, for the construction and operation of 20MW flexible stand-by electricity plants, by Precise Energy […]
 

MX Oil to seek non-Mexican investments?

24 May 2015 @ 09:49
Potential Investment and Trading Update MX Oil plc, the AIM quoted oil and gas investment company, has announced that besides its focus on Mexico, it is considering a number of near term, cash generative investments in geographies outside of the Americas that could assist in funding the work programmes of its target Mexican assets. However, […]
 

Empyrean release Q1 details

24 May 2015 @ 09:46
Q1 2015 Production from Sugarloaf AMI, Texas Empyrean Energy, the profitable US onshore oil, gas and condensate exploration, development and production company with assets in Texas and California, has provided a production update from its flagship Sugarloaf AMI Project in the prolific Eagle Ford Shale, Texas, for the three month period to the end of […]
 
 
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