23 Aug 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. President and CEO James A Tuell bought 2,500 shares on the open market.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Aug 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. VP and Chief Financial Officer Timothy A Ficker bought 1,500 shares on the open market at $4.33.
15 Aug 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. President and CEO James A Tuell bought 5,000 shares on the open market.
15 Aug 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. VP and Chief Financial Officer Timothy A Ficker bought 850 shares on the open market at $4.65.
10 Aug 2006late filing notice▼ Bad
AMERICAN NOBLE GAS, INC. notified the SEC that its quarterly report would be filed late.
15 June 2006material agreement● Neutral
On June 9, 2006 Infinity signed change-in-control agreements with Tuell (CEO), Ficker (CFO), Stanfield and Dean. On a change in control, their unvested equity vests, and if they are terminated or leave for good reason within 30 months they get lump-sum severance of 2.0, 1.5, 1.0 and 1.0 times annual compensation respectively. A change in control includes noteholders and warrantholders from the January 2005 deal reaching 35% of the voting power; Stanfield has a separate trigger tied to a sale of Consolidated Oil Well Services.
8 June 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. Senior VP - Oilfield Svcs. Stephen D Stanfield exercised stock options for 30,000 shares and disposed of 60,000 shares.
30 May 2006material agreement● Neutral
At the May 23, 2006 annual meeting, shareholders re-elected all five directors, approved a 2006 Equity Incentive Plan covering 470,000 shares, and ratified Ehrhardt Keefe Steiner & Hottman as auditor. The company also granted options on 340,000 shares at $6.48 to directors, officers and employees, vesting after one year. This adds to potential share dilution.
26 May 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. Chairman of the Board Stanton E Ross sold 10,000 shares.
19 May 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. President and CEO James A Tuell bought 2,500 shares on the open market at $6.13.
18 May 2006securities registration● Neutral
AMERICAN NOBLE GAS, INC. filed the final prospectus for a registered offering.
2 May 2006late filing notice▼ Bad
AMERICAN NOBLE GAS, INC. amended its notice to the SEC that its annual report would be filed late.
26 Apr 2006securities registration● Neutral
AMERICAN NOBLE GAS, INC. filed the final prospectus for a registered offering.
26 Apr 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. Chairman of the Board Stanton E Ross sold 10,000 shares.
18 Apr 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. President and CEO James A Tuell bought 2,500 shares on the open market.
7 Apr 2006securities registration● Neutral
AMERICAN NOBLE GAS, INC. registered a securities offering with the SEC using its shelf eligibility.
30 Mar 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. VP - Strategic & Corp. Dev. James W Dean bought 350 shares on the open market at $7.03.
29 Mar 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. Chairman of the Board Stanton E Ross sold 10,000 shares.
28 Mar 2006securities registration● Neutral
AMERICAN NOBLE GAS, INC. filed a prospectus supplement covering resales by selling shareholders.
17 Mar 2006capital raising announcement● NeutralMajor
On March 17, 2006 Infinity sold $8.0 million more of senior secured notes with five-year warrants for 258,960 shares at $8.65 and 205,128 shares at $10.53, under the January 2005 purchase agreement, to fund exploration and development. Unlike the 42-month December 2005 tranche, these have an 18-month maturity that extends to 42 months only if at least $5 million of the notes is redeemed or converted by September 17, 2006; a closing agreement waived certain conditions for the sale.
15 Mar 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. President and CEO James A Tuell exercised stock options for 5,000 shares and disposed of 5,000 shares.
2 Mar 2006financial restatement▼ BadMajor
On March 1, 2006 Infinity said it must restate its 2005 Q1, Q2 and Q3 financials again, this time because the January 2005 notes contain an embedded derivative and the attached warrants (and non-employee options and warrants) must be treated as liabilities rather than equity. Changes in their value will run through earnings. The changes are non-cash and do not alter cash flows; this follows the November 2005 restatement of the same notes' accounting, and investors are told not to rely on the earlier figures.
24 Feb 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. Chairman of the Board Stanton E Ross sold 10,000 shares at $8.71.
14 Feb 2006substantial holder notice● Neutral
Wellington Management Company, LLP reported a AMERICAN NOBLE GAS, INC. shareholding of 1,905,625 shares (10.38% of votes) in a periodic institutional filing.
14 Feb 2006substantial holder notice● Neutral
Wellington Global Holdings, Ltd. Not Applicable reported a AMERICAN NOBLE GAS, INC. shareholding of 1,003,000 shares (5.46% of votes) in a periodic institutional filing.
10 Feb 2006securities registration● Neutral
AMERICAN NOBLE GAS, INC. filed the final prospectus for a registered offering.
3 Feb 2006securities registration● Neutral
AMERICAN NOBLE GAS, INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
27 Jan 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. Chairman of the Board Stanton E Ross sold 10,000 shares.
4 Jan 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. VP and Chief Financial Officer Timothy A Ficker bought 575 shares on the open market at $6.99.
3 Jan 2006director interest notice● Neutral
AMERICAN NOBLE GAS, INC. VP - Strategic & Corp. Dev. James W Dean bought 700 shares on the open market.