Operator
Emerald Oil Inc
40 articles mentioning Emerald Oil Inc · Page 1 of 2
Bankrupt Emerald Appoints Petro-Hunt Takes Over Operatorship of Bakken Assets
Crestline and Fir Tree formed the Company in 2016 by purchasing Emerald Oil Inc. during its Chapter 11 bankruptcy process.
Emerald Oil Emerges from Bankruptcy with New Name
Emerald Oil has emerged from bankruptcy with no debt.
Bank Acquires Bankrupt Bakken E&P
Bankrupt Bakken/Williston Basin Emerald Oil Inc. was tentatively sold to its prepetition lender Friday, in a $110.5 million deal that would mostly cancel the company’s secured debt but supply as much as $16 million in cash...
Bankrupt E&P To Sell Bakken Property For $75 Million; Fire Sale
Emerald oil is reporting that the company has a "stalking horse" asset purchase agreement from a buyer formed and owned by CL Energy Opportunity Fund, L.P. and SSC Emerald LP, affiliates of Crestline Management, L.P. and...
After Bankruptcy Filing, Emerald Oil Stock Delisted from NYSE
Trading in the Company's common stock was suspended at the market opening on March 23, 2016.
Emerald Oil Files for Bankruptcy
McAndrew Rudisill, President and Chief Executive Officer of Emerald, said, "The plan we are announcing today will provide for continuity in Emerald's current and future business operations."
Bakken/Williston : 36 Operators Plan To Complete 533 Wells In 2016
Excel sheet - downloadable copy.
Koch Exploration JV Partner Engages Legal Advisors
Emerald Oil, Inc. announced that it is continuing to negotiate with the lending group associated with its revolving credit facility to cure the outstanding borrowing base deficiency.
Shale Experts Analyzed 17 US E&Ps; Financial Health: Here's What We Found
We Analyzed 17 US E&P companies, looking at their financials, Debt, Debt to Revenue, Planned Capital Spend, and Production. We found that most, of these companies might seek Chapter 11 protection. A spreadsheet with the company's...
Emerald Oil To Sell Non-Op (9,750 net acres) Interest To Private Equity Group
Emerald oil to sell non-op, undeveloped leasehold 9,750 net acres for $9.75m to Angelus Private Equity Group (Private Equity)
Emerald Oil Tags 49% Production Increase; 5,687 BOEPD
Third quarter production of 523,202 BOE increased 49% as compared to 351,755 BOE in the third quarter of 2014.
Emerald Oil's Borrowing Base Chopped In Half
Emerald has retained financial advisor Opportune LLP, investment banker Intrepid Partners, LLC, and legal advisors Mayer Brown LLP to advise management and the board of directors on capital structure options.
Emerald Oil Details 2Q Financials; Raises Production Guidance
Second quarter production of 453,495 BOE increased 33% as compared to 340,320 BOE in the second quarter of 2014.
Emerald IPs Key Wells in the Bakken; 50-Stage Frac
These two wells confirm Emerald's geologic thesis in southern McKenzie County and provide two modern control points for further development of our southern acreage.
Emerald Oil Inks Midstream JV for McKenzie County Ops
Emerald will not be required to make a capital contribution at inception and is not obligated to make future capital investments in the entity.
Emerald Oil Inks $75 Million Senior Term Loan
Emerald Oil, Inc. has signed a term sheet with respect to a $75 million senior secured second lien term loan facility, and has provided both an ATM and liquidity update.
Emerald Oil Scraps Delaware Basin Deal
As a result of the Company's election not to proceed with its public offering, the Company will not be taking action to close the previously announced Delaware Basin acquisition.
Emerald Oil Funding Latest Acquisition
Net proceeds from this offering to fund the previously announced acquisition of certain assets in the Delaware Basin.
Emerald Oil Updates Guidance Following Permian Acquisition
After announcing an acreage acquisition in the Delaware Basin, Emerald Oil Inc. has reported an updated 2015 Production and CAPEX Guidance.
Emerald Oil Snags Permian Acreage; Increase Budget
Emerald Oil, Inc. and one of its wholly owned subsidiaries entered into a purchase and sale agreement with Yates Petroleum Corporation and its affiliates pursuant to which the Company agreed to acquire Seller's right, title and...