3 Sept 2008listing compliance notice● NeutralMajor
Bois d Arc Energy, Inc.'s exchange filed to remove a class of its securities from listing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 Aug 2008listing compliance notice▼ BadMajor
Bois d Arc Energy, Inc. terminated the registration of a class of securities, ending its reporting obligation for them.
27 Aug 2008business combination● NeutralMajor
On August 27, 2008, stockholders of both Bois d'Arc and Stone approved the merger. Bois d'Arc holders receive $13.65 in cash and 0.165 Stone shares per share, and closing was expected August 28, 2008. This completes the deal announced April 30, 2008; the lawsuit disclosed in July is not mentioned in this filing.
22 July 2008business combination▼ BadMajor
Bois d'Arc set a special stockholder meeting for August 27, 2008 (record date July 18, 2008) to vote on the Stone Energy merger. It also disclosed a putative class action filed in Clark County, Nevada (Packard v. Allison) against the company, its directors, Comstock, Stone and the merger subsidiary, seeking to block or rescind the merger and award damages; the company says it will defend vigorously and cannot predict the outcome.
1 May 2008business combination● NeutralMajor
Bois d'Arc agreed on April 30, 2008 to merge into a subsidiary of Stone Energy Corporation. Each Bois d'Arc share would convert into 0.165 Stone shares plus $13.65 in cash. The deal needs approval from both companies' stockholders and regulators, and either side may owe the other a $55.0 million termination fee under specified circumstances.
28 Aug 2006capital raising announcement● NeutralMajor
Bois d'Arc agreed on August 25, 2006 to sell 2,250,000 new shares to Comstock Resources in a private placement at $15.94 per share (the NYSE closing price that day), with closing expected August 31, 2006. It also agreed to buy an additional 20% working interest in its Ship Shoal 113 Unit for $19.2 million (effective March 1, 2006, estimated about 9 billion cubic feet equivalent of proved reserves), to be funded with the Comstock proceeds. Existing shareholders are diluted by the new shares.
12 Apr 2005listing compliance notice▲ GoodMajor
the New York Stock Exchange certified Bois d Arc Energy, Inc.'s securities for listing, clearing them to begin trading.