4 Feb 2011substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial EPL OIL & GAS, INC. shareholding (6.00% of votes).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Jan 2011material agreement▲ GoodMajor
Energy Partners agreed to buy shallow-water Gulf of Mexico producing assets from Anglo-Suisse Offshore Partners for $201.5 million cash - about 3,000 barrels a day, 92% oil, and roughly 8 million barrels of proved reserves next to its existing South Timbalier and East Bay fields. Its first real expansion since the bankruptcy.
11 Jan 2011substantial holder notice● Neutral
Farallon Capital Partners, L.P, Farallon Capital Institutional Partners, L.P, Farallon Capital Institutional Partners II, L.P, Farallon Capital Offshore Investors II, L.P, Farallon Capital Management, L.L.C, Farallon Partners, L.L.C, Richard B. Fried, Daniel J. Hirsch, Monica R. Landry, Davide Leone, Michael G. Linn [See Item, Douglas M. MacMahon, Stephen L. Millham, Rajiv A. Patel, Thomas G. Roberts, Jr, Andrew J. M. Spokes, Thomas F. Steyer, John R. Warren [See Item, Mark C. Wehrly reported a EPL OIL & GAS, INC. shareholding of 1,953,987 shares (4.90% of votes) in a periodic institutional filing.
10 Nov 2010quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $56.3 million and a net loss of $7.8 million for the period ended 2010-09-30.
4 Nov 2010quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $56.3 million and a net loss of $7.8 million for the period ended 2010-09-30.
5 Aug 2010quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $56.3 million and a net loss of $7.8 million for the period ended 2010-09-30.
1 July 2010auditor change▲ GoodMajor
Energy Partners redeemed the whole $61.1 million of 20% pay-in-kind notes held by Carlson Capital, Wexford and other exit lenders less than a year after issuing them, and at the same time replaced KPMG with PricewaterhouseCoopers as auditor. The most expensive piece of the bankruptcy financing was gone.
17 June 2010director officer appointment▲ GoodMajor
The GE Capital exit facility was reset with a $70 million borrowing base and a fresh $25 million term loan, conditional on redeeming the 20% pay-in-kind notes issued at emergence - the first step in getting out from under the punitive rate the company had accepted nine months earlier.
4 June 2010director officer appointment● Neutral
Jonathan Gross joined as senior vice president for geosciences on $275,000, rebuilding the technical bench alongside the first annual shareholder meeting since the company emerged from bankruptcy.
10 May 2010substantial holder notice● Neutral
THE K, SHAWN KIMEL, SHAWN KIMEL INVESTMENTS, INC reported a EPL OIL & GAS, INC. shareholding of 1,973,343 shares (4.90% of votes) in a periodic institutional filing.
6 May 2010quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $58.2 million and a net loss of $4.6 million for the period ended 2010-06-30.
6 May 2010quarterly activities report▼ Bad
EPL OIL & GAS, INC. reported quarterly revenue of $58.2 million and a net loss of $4.6 million for the period ended 2010-06-30.
28 Apr 2010substantial holder notice● Neutral
THE K, SHAWN KIMEL, SHAWN KIMEL INVESTMENTS, INC reported a EPL OIL & GAS, INC. shareholding of 2,284,574 shares (5.70% of votes) in a periodic institutional filing.
23 Apr 2010substantial holder notice● Neutral
Farallon Capital Partners, L.P, Farallon Capital Institutional Partners, L.P, Farallon Capital Institutional Partners II, L.P, Farallon Capital Offshore Investors II, L.P, Saddle Rock Onshore Funding, L.L.C, Lighthouse Hill Capital Management II, L.L.C, Farallon Capital Management, L.L.C, Farallon Partners, L.L.C, William F. Duhamel [See Item, Richard B. Fried, Daniel J. Hirsch, Monica R. Landry, Davide Leone, Douglas M. MacMahon, Stephen L. Millham, Jason E. Moment [See Item, Ashish H. Pant [See Item, Rajiv A. Patel, Thomas G. Roberts, Jr. [See Item, Andrew J. M. Spokes, Thomas F. Steyer, Richard H. Voon [See Item, Mark C. Wehrly reported a EPL OIL & GAS, INC. shareholding of 2,859,337 shares (7.10% of votes) in a periodic institutional filing.
21 Apr 2010substantial holder notice● Neutral
THE K, SHAWN KIMEL, SHAWN KIMEL INVESTMENTS, INC reported a EPL OIL & GAS, INC. shareholding of 2,707,670 shares (6.80% of votes) in a periodic institutional filing.
15 Mar 2010substantial holder notice● Neutral
THE K, SHAWN KIMEL, SHAWN KIMEL INVESTMENTS, INC reported a EPL OIL & GAS, INC. shareholding of 3,123,037 shares (7.80% of votes) in a periodic institutional filing.
22 Feb 2010substantial holder notice● Neutral
THE K, SHAWN KIMEL, SHAWN KIMEL INVESTMENTS, INC reported a EPL OIL & GAS, INC. shareholding of 3,671,103 shares (9.20% of votes) in a periodic institutional filing.
16 Feb 2010substantial holder notice● Neutral
Third Point LLC, Daniel S. Loeb, Third Point Offshore Master Fund, L.P, Third Point Advisors II L.L.C reported a EPL OIL & GAS, INC. shareholding of 950,000 shares (2.40% of votes) in a periodic institutional filing.
12 Feb 2010substantial holder notice● Neutral
Renaissance Technologies LLC, James H. Simons reported no remaining EPL OIL & GAS, INC. shareholding in its periodic institutional filing.
20 Jan 2010substantial holder notice● Neutral
Farallon Capital Partners, L.P, Farallon Capital Institutional Partners, L.P, Farallon Capital Institutional Partners II, L.P, Farallon Capital Offshore Investors II, L.P, Saddle Rock Onshore Funding, L.L.C, Lighthouse Hill Capital Management II, L.L.C, Farallon Capital Management, L.L.C, Farallon Partners, L.L.C, William F. Duhamel, Richard B. Fried, Daniel J. Hirsch, Monica R. Landry, Davide Leone [See Item, Douglas M. MacMahon, Stephen L. Millham, Jason E. Moment, Ashish H. Pant, Rajiv A. Patel, Andrew J. M. Spokes, Thomas F. Steyer, Richard H. Voon, Mark C. Wehrly reported a EPL OIL & GAS, INC. shareholding of 4,903,424 shares (12.30% of votes) in a periodic institutional filing.
24 Nov 2009director officer appointment● Neutral
Fresh indemnification agreements were signed with every director and officer of the reorganised company, replacing the ones cancelled in bankruptcy.
12 Nov 2009material agreement● Neutral
The reorganised company set new pay for its non-executive directors - $20,000 a year in cash or shares plus committee fees and a $100,000 annual equity grant - as a largely new board took its seats.
3 Nov 2009securities registration● Neutral
EPL OIL & GAS, INC. filed notice of an exempt private placement.
6 Oct 2009director officer appointment● NeutralMajor
Gary Hanna took over as chief executive on the day the company left bankruptcy, on a three-year contract paying at least $400,000 plus a bonus paid in shares, replacing Richard Bachmann, chairman and chief executive throughout the company's independent life up to that point.
2 Oct 2009substantial holder notice● Neutral
THE K, SHAWN KIMEL, SHAWN KIMEL INVESTMENTS, INC disclosed a new substantial EPL OIL & GAS, INC. shareholding (10.20% of votes).
1 Oct 2009substantial holder notice● Neutral
Third Point LLC, Daniel S. Loeb, Third Point Offshore Master Fund, L.P., Third Point Advisors II L.L.C. disclosed a new substantial EPL OIL & GAS, INC. shareholding (9.10% of votes).
30 Sept 2009substantial holder notice● Neutral
Farallon Capital Partners, L.P, Farallon Capital Institutional Partners, L.P, Farallon Capital Institutional Partners II, L.P, Farallon Capital Offshore Investors II, L.P, Saddle Rock Onshore Funding, L.L.C, Lighthouse Hill Capital Management II, L.L.C, Farallon Capital Management, L.L.C, Farallon Partners, L.L.C, William F. Duhamel, Richard B. Fried, Daniel J. Hirsch, Monica R. Landry, Douglas M. MacMahon, Stephen L. Millham, Jason E. Moment, Ashish H. Pant, Rajiv A. Patel, Andrew J. M. Spokes, Thomas F. Steyer, Richard H. Voon, Mark C. Wehrly disclosed a new substantial EPL OIL & GAS, INC. shareholding (12.30% of votes).
29 Sept 2009substantial 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 7,058,630 shares (17.65% of votes) in a periodic institutional filing.
25 Sept 2009bankruptcy or receivership● NeutralMajor
Energy Partners emerged from Chapter 11 on 21 September 2009, issuing 38 million new shares to noteholders and 2 million to existing shareholders. The old 8.75%, 9.75% and floating-rate notes and every existing equity plan were cancelled; new money came from a GE Capital exit facility and $61.1 million of 20% pay-in-kind second-lien notes taken by Carlson Capital, Wexford and others. The company survived intact; its shareholders kept a twentieth of it.
25 Sept 2009substantial holder notice● Neutral
Double Black Diamond Offshore Ltd., Black Diamond Offshore Ltd., Black Diamond Relative Value Offshore Ltd., Carlson Capital, L.P., Asgard Investment Corp., Clint D. Carlson, Steven J. Pully reported a EPL OIL & GAS, INC. shareholding of 4,038,221 shares (10.10% of votes) in a periodic institutional filing.