5 Apr 2011securities registration● Neutral
ECA Marcellus Trust I amended a filing by which it registered a securities offering with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 Mar 2011securities registration● Neutral
ECA Marcellus Trust I amended a filing by which it registered a securities offering with the SEC.
14 Mar 2011securities registration● Neutral
ECA Marcellus Trust I registered a securities offering with the SEC.
13 July 2010capital raising announcement▲ GoodMajor
The Trust's formation closed: ECA conveyed perpetual overriding royalty interests in its Marcellus Shale gas properties to the Trust (plus similar interests from private ECA investors and subsidiary Eastern Marketing Corp.), alongside an Administrative Services Agreement ($60,000/year to ECA), a Development Agreement committing ECA to drill specified wells, and a Swap Agreement hedging gas prices on Trust production through March 2014 - the package of agreements that gives the Trust's units their underlying value.
9 July 2010director interest notice● Neutral
ECA Marcellus Trust I 10%+ owner Energy Corp Of America bought 7,697,933 shares on the open market.
6 July 2010material agreement▲ GoodMajor
ECA Marcellus Trust I's IPO underwriting agreement priced its units: sponsor Energy Corporation of America (ECA) sold 8,802,500 trust units at $20.00 each ($18.70 net to the Trust), with a 30-day option for underwriters to buy 1,320,375 more.
1 July 2010securities registration● Neutral
ECA Marcellus Trust I filed the final prospectus for a registered offering.
1 July 2010director interest notice● Neutral
Energy Corp Of America became a ECA Marcellus Trust I 10%+ owner and company insider (initial ownership filing).
30 June 2010listing compliance notice▲ GoodMajor
the New York Stock Exchange certified ECA Marcellus Trust I's securities for listing, clearing them to begin trading.
25 June 2010securities registration● Neutral
ECA Marcellus Trust I amended a filing by which it registered a securities offering with the SEC.
21 June 2010securities registration● Neutral
ECA Marcellus Trust I amended a filing by which it registered a securities offering with the SEC.
11 June 2010securities registration● Neutral
ECA Marcellus Trust I amended a filing by which it registered a securities offering with the SEC.
7 May 2010securities registration● Neutral
ECA Marcellus Trust I amended a filing by which it registered a securities offering with the SEC.
1 Apr 2010securities registration● Neutral
ECA Marcellus Trust I registered a securities offering with the SEC.