21 Jan 2014asset acquisition disposition▲ GoodMajor
The Nexen purchase closed on schedule at $70.4 million, adding the Eugene Island 258/259 leases to EPL's oil-weighted shelf position.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
6 Jan 2014material agreement▲ GoodMajor
EPL agreed to buy Nexen's Eugene Island 258/259 field for $70.4 million - five leases at full working interest producing about 900 barrels a day, 95% oil, with about $27 million of well-abandonment liability coming with them.
31 Oct 2013quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $184.0 million and a net loss of $1.3 million for the period ended 2013-09-30.
31 Oct 2013quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $184.0 million and a net loss of $1.3 million for the period ended 2013-09-30.
8 Aug 2013substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 1,608,888 shares (4.12% of votes) in a periodic institutional filing.
1 Aug 2013quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $184.0 million and a net loss of $1.3 million for the period ended 2013-09-30.
1 Aug 2013quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $184.0 million and a net loss of $1.3 million for the period ended 2013-09-30.
15 July 2013substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 2,174,961 shares (5.54% of votes) in a periodic institutional filing.
13 June 2013substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 2,650,648 shares (6.75% of votes) in a periodic institutional filing.
30 May 2013substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 3,076,848 shares (7.84% of votes) in a periodic institutional filing.
16 May 2013substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 3,803,709 shares (9.69% of votes) in a periodic institutional filing.
10 May 2013securities registration● Neutral
EPL OIL & GAS, INC. filed an automatic shelf registration, effective immediately as a well-known seasoned issuer.
9 May 2013substantial holder notice● Neutral
Double Black Diamond Offshore Ltd, Black Diamond Offshore Ltd, Double Black Diamond Intermediate Ltd, Double Black Diamond, L.P, Carlson Capital, L.P, Asgard Investment Corp, Asgard Investment Corp. II, Clint D. Carlson, Steven J. Pully reported a EPL OIL & GAS, INC. shareholding of 2,515,673 shares (6.40% of votes) in a periodic institutional filing.
3 May 2013material agreement● Neutral
Shareholders approved lifting the ceiling on shares issuable under the 2009 incentive plan from 2.47 million to 3.57 million at the annual meeting, alongside the routine board and auditor votes.
2 May 2013quarterly activities report● Neutral
EPL OIL & GAS, INC. reported quarterly revenue of $184.1 million and net income of $69.6 million for the period ended 2013-06-30.
2 May 2013quarterly activities report● Neutral
EPL OIL & GAS, INC. reported quarterly revenue of $184.1 million and net income of $69.6 million for the period ended 2013-06-30.
21 Mar 2013substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 5,109,723 shares (13.03% of votes) in a periodic institutional filing.
21 Mar 2013agm notice● Neutral
EPL OIL & GAS, 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).
21 Mar 2013agm notice● Neutral
EPL OIL & GAS, INC. announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
14 Mar 2013substantial holder notice● Neutral
Double Black Diamond Offshore Ltd, Black Diamond Offshore Ltd, Double Black Diamond Intermediate Ltd, Double Black Diamond, L.P, Carlson Capital, L.P, Asgard Investment Corp, Asgard Investment Corp. II, Clint D. Carlson, Steven J. Pully reported a EPL OIL & GAS, INC. shareholding of 3,067,734 shares (7.80% of votes) in a periodic institutional filing.
7 Mar 2013quarterly activities report● Neutral
EPL OIL & GAS, INC. reported quarterly revenue of $182.3 million and net income of $29.0 million for the period ended 2013-03-31.
13 Feb 2013substantial holder notice● Neutral
Donald Smith & Co., Inc, Donald Smith Long/Short Equities Fund, L.P disclosed a new substantial EPL OIL & GAS, INC. shareholding (1.51% of votes).
31 Dec 2012substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 5,649,149 shares (14.45% of votes) in a periodic institutional filing.
5 Dec 2012substantial holder notice● Neutral
Debello Investors LLC, Wexford Catalyst Investors LLC, Wexford Catalyst Trading Limited, Wexford Spectrum Fund, L.P, Spectrum Intermediate Fund Limited, Wexford Capital LP, Wexford GP LLC, Charles E. Davidson, Joseph M. Jacobs reported a EPL OIL & GAS, INC. shareholding of 6,133,936 shares (15.69% of votes) in a periodic institutional filing.
6 Nov 2012asset acquisition disposition▲ GoodMajor
EPL completed the $550 million Hilcorp acquisition, funded by the new notes and bank borrowings, and at the same time expanded its secured facility from $250 million to a maximum of $750 million with maturity out to 2016. The company was now roughly three times the size it left bankruptcy at - and carried the debt to match.
1 Nov 2012quarterly activities report● Neutral
EPL OIL & GAS, INC. reported quarterly revenue of $138.9 million and net income of $24.2 million for the period ended 2012-12-31.
1 Nov 2012quarterly activities report● Neutral
EPL OIL & GAS, INC. reported quarterly revenue of $138.9 million and net income of $24.2 million for the period ended 2012-12-31.
30 Oct 2012material agreement● Neutral
The $300 million of additional 8.25% 2018 notes were issued and the proceeds placed in escrow pending completion of the Hilcorp purchase, taking EPL's bond debt to $510 million.
24 Oct 2012material agreement● NeutralMajor
EPL agreed to sell a further $300 million of 8.25% senior notes due 2018, netting about $288 million, to fund the Hilcorp acquisition.
21 Sept 2012quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $86.7 million and a net loss of $2.2 million for the period ended 2012-09-30.