13 Nov 2012director interest notice● Neutral
Amplify Energy Corp. President and CEO John A Crum bought 50,000 shares on the open market at $5.35.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
9 Nov 2012quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $17.8 million for the period ended 2012-09-30.
7 Nov 2012quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $17.8 million for the period ended 2012-09-30.
2 Oct 2012asset acquisition disposition▲ GoodMajor
Midstates completed its $650 million Eagle Energy acquisition ($325M cash plus 325,000 new shares of Series A Mandatorily Convertible Preferred Stock), funded by the notes offering that closed the same day; Eagle's controller Riverstone Holdings gained a board seat and veto rights over major corporate actions.
27 Sept 2012material agreement● Neutral
Midstates further amended its credit facility to raise its unsecured-debt basket to $600 million, accommodating the just-priced notes ahead of the Eagle Energy deal's close.
14 Sept 2012material agreement● NeutralMajor
Midstates priced $600 million of 10.75% senior notes due 2020 in a private placement, with proceeds earmarked to help fund the Eagle Energy acquisition.
12 Sept 2012material agreement● Neutral
Midstates amended its credit facility to add $35 million of bridge borrowing capacity and waive a covenant ahead of closing the Eagle Energy acquisition.
5 Sept 2012drilling progress report● Neutral
Midstates detailed the roughly 82,000 net Mississippian Lime acres it would gain from the pending Eagle Energy acquisition and updated its 2012-2013 production guidance for the combined company.
29 Aug 2012director interest notice● Neutral
Amplify Energy Corp. President and CEO John A Crum bought 25,000 shares on the open market at $8.03.
22 Aug 2012director interest notice● Neutral
Amplify Energy Corp. President and CEO John A Crum bought 25,000 shares on the open market at $8.04.
20 Aug 2012director interest notice● Neutral
Amplify Energy Corp. VP - Drilling and Completions Mitchell G. Elkins bought 10,000 shares on the open market at $7.57.
16 Aug 2012director interest notice● Neutral
Amplify Energy Corp. President and CEO John A Crum bought 25,000 shares on the open market at $7.52.
16 Aug 2012director interest notice● Neutral
Amplify Energy Corp. Corporate Counsel & Secretary John P. Foley bought 13,000 shares on the open market at $7.52.
14 Aug 2012quarterly activities report▼ Bad
Amplify Energy Corp. reported a quarterly net loss of $112.4 million for the period ended 2012-06-30.
13 Aug 2012material agreement▲ GoodMajor
Midstates agreed to acquire Mississippian Lime oil and gas assets in Oklahoma and Kansas from Eagle Energy Production for $325 million cash plus $325 million of new preferred stock, its first major acquisition since going public.
13 June 2012material agreement● Neutral
Midstates expanded its revolving credit facility to $500 million (initial borrowing base $200 million) and extended its maturity to 2017, while updating on its ongoing litigation with Clovelly Oil Company over a disputed 1972 joint operating agreement tied to a 2007 acreage purchase.
4 May 2012substantial holder notice● Neutral
First Reserve GP XII Limited, First Reserve GP XII, L.P, FR XII Alternative GP XII, L.L.C, FR Midstates Interholding, LP, William E. Macaulay, Stephen C. Pugh, Thomas L. Mitchell, John A. Crum, Stephen J. McDaniel, John P. Foley, Guy Matthew David Sr, Dexter Burleigh, Curtis A. Newstrom, James R. Hart disclosed a new substantial Amplify Energy Corp. shareholding (52.00% of votes).
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. director Stephen James Mcdaniel received 4,455,627 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. Vice President - Midstream James R. Hart received 93,599 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. VP-Business Development Curtis Newstrom received 345,289 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. Corporate Counsel & Secretary John P. Foley received 589,737 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. EVP & Chief Financial Officer Thomas L Mitchell received 290,399 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. EVP & Chief Operating Officer Stephen C Pugh received 244,245 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. VP - Drilling and Completions Mitchell G. Elkins received 48,076 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. President and CEO John A Crum received 786,301 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. director Loren M Leiker received 9,615 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. 10%+ owner First Reserve Gp Xii LTD sold 9,402,470 shares at $12.22.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. Vice President and Controller Nelson Haight received 30,769 shares as part of the equity award.
26 Apr 2012director interest notice● Neutral
Amplify Energy Corp. director Mary P Ricciardello received 9,615 shares as part of the equity award.
25 Apr 2012material agreement▲ GoodMajor
Midstates Petroleum Company (later renamed Amplify Energy Corp.) completed its initial public offering, selling 27.6 million shares (plus a 3.6 million-share underwriters' option) at $13.00 per share for about $220 million net proceeds, and reorganized from its First Reserve-backed private structure into a public Delaware corporation.