10 Dec 2013agm notice● Neutral
EQUAL ENERGY LTD. 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).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
10 Dec 2013business combination● NeutralMajor
On December 6, 2013, Equal agreed to be acquired by Petroflow Energy Corporation (through its subsidiary Petroflow Canada Acquisition Corp.) for US$5.43 per share in cash, about US$230 million in total. The deal needs a 66 2/3% shareholder vote plus a majority of the minority, court approval, Petroflow obtaining financing, and dissent rights not exceeding 5% of shares, among other conditions; Equal owes a US$2 million termination fee in certain cases. Directors and officers holding about 1.9% of shares have agreed to vote in favour, and Petroflow is to offer to buy the CAD$45 million convertible debentures at 101% of face value plus accrued interest within 30 days after closing.
9 Dec 2013director interest notice● Neutral
EQUAL ENERGY LTD. director Victor Stanley Dusik bought 105 shares on the open market.
9 Dec 2013director interest notice● Neutral
Lee M Canaan became a EQUAL ENERGY LTD. director and company insider (initial ownership filing).
6 Dec 2013director interest notice● Neutral
EQUAL ENERGY LTD. Senior VP and COO John S. Chimahusky bought 170 shares on the open market at $5.04.
6 Dec 2013director interest notice● Neutral
EQUAL ENERGY LTD. VP & CFO Scott Smalling bought 158 shares on the open market at $5.04.
15 Nov 2013substantial holder notice● Neutral
Nawar Alsaadi, Adam Arthur Goldstein reported a EQUAL ENERGY LTD. shareholding of 85,650 shares (0.20% of votes) in a periodic institutional filing.
14 Nov 2013quarterly activities report▼ Bad
EQUAL ENERGY LTD. reported quarterly revenue of $16.6 million and a net loss of $867 thousand for the period ended 2013-09-30.
8 Nov 2013director interest notice● Neutral
EQUAL ENERGY LTD. President and CEO Donald Charles Klapko bought 1,117 shares on the open market at $4.70.
8 Nov 2013director interest notice● Neutral
EQUAL ENERGY LTD. Senior VP and COO John S. Chimahusky bought 126 shares on the open market at $4.52.
8 Nov 2013director interest notice● Neutral
EQUAL ENERGY LTD. VP & CFO Scott Smalling bought 117 shares on the open market at $4.52.
7 Nov 2013quarterly activities report▼ Bad
EQUAL ENERGY LTD. reported quarterly revenue of $16.6 million and a net loss of $867 thousand for the period ended 2013-09-30.
7 Nov 2013quarterly activities report▼ Bad
EQUAL ENERGY LTD. reported quarterly revenue of $16.6 million and a net loss of $867 thousand for the period ended 2013-09-30.
11 Oct 2013director interest notice● Neutral
EQUAL ENERGY LTD. VP & CFO Scott Smalling bought 114 shares on the open market at $4.68.
11 Oct 2013director interest notice● Neutral
EQUAL ENERGY LTD. Senior VP and COO John S. Chimahusky bought 122 shares on the open market at $4.68.
24 Sept 2013substantial holder notice● Neutral
W & M Investments, W & H Investments, William C. Hazelrig, Sr, Frederick G. Wedell, Lynn Hazelrig, Kathryn Hazelrig Brinkley, William C. Hazelrig, Jr, Virginia Hazelrig, Elizabeth Hazelrig reported a EQUAL ENERGY LTD. shareholding of 900,100 shares (2.50% of votes) in a periodic institutional filing.
10 Sept 2013director interest notice● Neutral
EQUAL ENERGY LTD. President and CEO Donald Charles Klapko bought 1,061 shares on the open market at $4.95.
10 Sept 2013director interest notice● Neutral
EQUAL ENERGY LTD. Senior VP and COO John S. Chimahusky bought 121 shares on the open market at $4.70.
10 Sept 2013director interest notice● Neutral
EQUAL ENERGY LTD. VP & CFO Scott Smalling bought 113 shares on the open market at $4.70.
9 Aug 2013director interest notice● Neutral
EQUAL ENERGY LTD. Senior VP and COO John S. Chimahusky bought 203 shares on the open market.
9 Aug 2013director interest notice● Neutral
EQUAL ENERGY LTD. VP & CFO Scott Smalling bought 116 shares on the open market at $4.19.
9 Aug 2013director interest notice● Neutral
EQUAL ENERGY LTD. President and CEO Donald Charles Klapko bought 4,320 shares on the open market.
8 Aug 2013quarterly activities report● Neutral
EQUAL ENERGY LTD. reported quarterly revenue of $18.2 million and net income of $4.7 million for the period ended 2013-06-30.
8 Aug 2013quarterly activities report● Neutral
EQUAL ENERGY LTD. reported quarterly revenue of $18.2 million and net income of $4.7 million for the period ended 2013-06-30.
8 Aug 2013quarterly activities report● Neutral
EQUAL ENERGY LTD. reported quarterly revenue of $18.2 million and net income of $4.7 million for the period ended 2013-06-30.
16 July 2013director interest notice● Neutral
Wendell Percy Chapman became a EQUAL ENERGY LTD. Former Senior VP and CFO and company insider (initial ownership filing).
9 July 2013director interest notice● Neutral
EQUAL ENERGY LTD. President and CEO Donald Charles Klapko bought 1,280 shares on the open market at $4.10.
9 July 2013director interest notice● Neutral
EQUAL ENERGY LTD. Senior VP and CFO Wendell Percy Chapman bought 860 shares on the open market at $4.10.
8 July 2013director interest notice● Neutral
EQUAL ENERGY LTD. Senior VP and COO John S. Chimahusky bought 143 shares on the open market at $4.21.
8 July 2013director interest notice● Neutral
EQUAL ENERGY LTD. VP & CFO Scott Smalling bought 110 shares on the open market at $4.21.