Past year: ▲ 16%(88.0c – 1.52 USD)
Each one in plain English, with the numbers worked through for a shareholder.
15 Nov 2011production update▲ GoodMajor
USE reported a second successful Zavanna-operated Bakken well (Koufax 3-10 #1H, 1,660 BOE/d) validating a new acreage block, while simultaneously advancing wells across three other programs: Eagle Ford (Crimson), a new California test well with Cirque Resources, and ongoing Gulf Coast completions.
7 Nov 2011quarterly activities report● Neutral
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $10.0 million and net income of $268 thousand for the period ended 2011-09-30.
7 Nov 2011quarterly activities report● Neutral
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $10.0 million and net income of $268 thousand for the period ended 2011-09-30.
23 Sept 2011security holder rights change● Neutral
USE's decade-old shareholder rights plan (poison pill), first adopted in 2001, expired on its own terms with no replacement adopted.
11 Aug 2011quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.1 million and a net loss of $75 thousand for the period ended 2011-06-30.
9 Aug 2011quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.1 million and a net loss of $75 thousand for the period ended 2011-06-30.
8 Aug 2011quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.1 million and a net loss of $75 thousand for the period ended 2011-06-30.
2 Aug 2011agm notice● Neutral
BIG SKY INDUSTRIAL INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
11 July 2011drilling progress report▼ Bad
USE's new Colorado exploration well reached total depth but found no hydrocarbons in its target formation and was plugged and abandoned, with no further drilling planned on that acreage - a clean dry hole after the company's first operated well there.
5 July 2011farm in farm out agreement▲ GoodMajor
USE entered a second Eagle Ford participation deal with Crimson Exploration, acquiring 30% of Crimson's working interest in about 7,186 acres (2,156 net to USE) in Zavala and Dimmit Counties, Texas - bringing USE's total Eagle Ford position to roughly 11,861 gross acres with up to 70 potential drilling locations, complementing its existing Leona River acreage with the same partner.
28 June 2011drilling progress report▲ GoodMajor
USE's Rough Rider Bakken wells with Brigham kept delivering strong results - four wells completed in Q2 2011 with initial rates as high as 2,375 BOE/d, and all 15 spacing units now held by production - though unusually severe North Dakota flooding disrupted access to some sites; separately, USE spudded its first well on a new operated Colorado prospect.
24 June 2011agm notice● Neutral
BIG SKY INDUSTRIAL INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
9 May 2011quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported a quarterly net loss of $2.2 million for the period ended 2011-03-31.
27 Apr 2011agm notice● Neutral
BIG SKY INDUSTRIAL INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
7 Apr 2011drilling progress report▲ GoodMajor
USE's Bakken position with Brigham Exploration was accelerating - four wells nearing completion, offsetting a well that had already delivered the company's best-ever initial rate of over 4,000 BOE/d - while its non-operated Zavanna wells saw its working interests bumped up (other partners declining to participate); separately, BNP Paribas raised USE's credit facility borrowing base from $12 million to $22.5 million.
9 Feb 2011substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial BIG SKY INDUSTRIAL INC. shareholding (6.58% of votes).
8 Feb 2011drilling progress report▲ Good
USE gave a routine update on its scattered small-working-interest Gulf Coast drilling program with four different partners (PetroQuest, Yuma, Houston Energy and Southern Resources): 2010 production exited the year at 535 BOE/d, a new Louisiana well just began producing, and several more modest-interest wells were spudding or about to spud on a $3.8 million 2011 budget.
24 Jan 2011substantial holder notice● Neutral
Sprott Asset Management LP reported a BIG SKY INDUSTRIAL INC. shareholding of 1,514,098 shares (5.60% of votes) in a periodic institutional filing.
8 Nov 2010quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $5.7 million and a net loss of $235 thousand for the period ended 2010-09-30.
9 Aug 2010quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $6.2 million and a net loss of $131 thousand for the period ended 2010-06-30.
2 Aug 2010material agreement▲ GoodMajor
USE set up a $75 million revolving credit facility with BNP Paribas, run through a new wholly-owned borrowing subsidiary (Energy One LLC) and guaranteed by USE itself, with an initial borrowing base of $12 million against its oil and gas properties - undrawn at signing but real growth-financing capacity for the new drilling programs.
10 May 2010quarterly activities report● Neutral
BIG SKY INDUSTRIAL INC. reported a quarterly net income of $1.5 million for the period ended 2010-03-31.
16 Feb 2010substantial holder notice● Neutral
CORRIENTE ADVISORS, LLC reported no remaining BIG SKY INDUSTRIAL INC. shareholding in its periodic institutional filing.
26 Jan 2010substantial holder notice● Neutral
Sprott Asset Management LP reported a BIG SKY INDUSTRIAL INC. shareholding of 1,757,600 shares (6.50% of votes) in a periodic institutional filing.
21 Jan 2010production update▲ GoodMajor
USE elected to join a third group of five Bakken wells with Brigham (taking a bigger 50% interest since Brigham scaled back its own share) and reported production had already beaten its year-end target, exiting 2009 at 1,400 net barrels of oil equivalent per day versus a 1,200 goal.
16 Dec 2009material agreement▲ GoodMajor
USE raised about $24.3 million in a firm-commitment stock offering, selling 5 million shares at $5.25 through Madison Williams, funding it needed to expand its new Bakken drilling program.
14 Dec 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. filed a prospectus supplement for an offering off its existing shelf.
11 Dec 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. filed a free-writing prospectus - marketing material for an offering in progress.
1 Dec 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. filed the final prospectus for a registered offering.
4 Nov 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
