12 Oct 2010 capital raising announcement ● Neutral Major
On Oct 11, 2010 the company signed a binding Heads of Agreement to acquire CAMAC's remaining interest in the same Nigerian production sharing contract (OML 120 and 121) outside the Oyo Field, with closing expected by Nov 30, 2010. It pays $5 million cash within 15 days of closing, then can keep the rights by paying $5 million, $5 million, $20 million and $25 million at four milestones (first non-Oyo well drilled, commercial discovery, development plan approved, commercial production), in cash or, at Allied's option, shares (up to $55 million in shares in total). If it declines at a milestone the rights revert to CAMAC with no refund. Chairman Kase Lawal is a director of the CAMAC sellers and owns 27.7% of CAMAC International Limited, so this is a related-party deal. It continues the CAMAC relationship from the April closing.
Discuss in chat
8 Oct 2010 director interest notice ● Neutral
Byron A Dunn became a Erin Energy Corp. CEO & President and company insider (initial ownership filing).
Discuss in chat
7 Oct 2010 director interest notice ● Neutral
Erin Energy Corp. Chairman Kase Lukman Lawal bought 100,000 shares on the open market.
Discuss in chat
17 Sept 2010 director interest notice ● Neutral
Erin Energy Corp. Chairman Kase Lukman Lawal bought 100,000 shares on the open market.
Discuss in chat
3 Sept 2010 director interest notice ● Neutral
Erin Energy Corp. Chief Financial Officer Abiola L. Lawal received a stock option grant for 116,000 shares.
Discuss in chat
25 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. Chairman Kase Lukman Lawal bought 200,000 shares on the open market.
Discuss in chat
19 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. Chairman Kase Lukman Lawal bought 200,000 shares on the open market.
Discuss in chat
9 Aug 2010 quarterly activities report ▼ Bad
Erin Energy Corp. reported a quarterly net loss of $3.2 million for the period ended 2010-06-30.
Discuss in chat
9 Aug 2010 quarterly activities report ▼ Bad
Erin Energy Corp. reported a quarterly net loss of $3.2 million for the period ended 2010-06-30.
Discuss in chat
6 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. director James F. Link Jr. sold 10,620 shares at $0.00.
Discuss in chat
6 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. Interim CEO William Dozier sold 10,620 shares at $0.00.
Discuss in chat
2 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. director Lee Patrick Brown received 30,270 shares as part of the equity award.
Discuss in chat
2 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. Chief Financial Officer Abiola L. Lawal received a stock option grant for 116,000 shares.
Discuss in chat
2 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. director John Hofmeister received 20,270 shares as part of the equity award.
Discuss in chat
2 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. Interim CEO William Dozier received 130,270 shares as part of the equity award.
Discuss in chat
2 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. director Leary Hazel O received 30,270 shares as part of the equity award.
Discuss in chat
2 Aug 2010 director interest notice ● Neutral
Erin Energy Corp. director James F. Link Jr. received 40,270 shares as part of the equity award.
Discuss in chat
23 July 2010 director interest notice ● Neutral
Erin Energy Corp. director James F. Link Jr. sold 6,000 shares at $0.00.
Discuss in chat
9 July 2010 director interest notice ● Neutral
Erin Energy Corp. CEO & President Frank C Ingriselli sold 70,000 shares at $0.00.
Discuss in chat
9 June 2010 securities registration ● Neutral
Erin Energy Corp. filed the final prospectus for a registered offering.
Discuss in chat
9 June 2010 director interest notice ● Neutral
Erin Energy Corp. Senior VP, Managing Director Richard Grigg gifted 29,851 shares.
Discuss in chat
9 June 2010 director interest notice ● Neutral
Erin Energy Corp. Interim CFO Abiola L. Lawal received 84,000 shares as part of the equity award.
Discuss in chat
21 May 2010 director interest notice ● Neutral
Abiola L. Lawal became a Erin Energy Corp. Interim CFO and company insider (initial ownership filing).
Discuss in chat
21 May 2010 securities registration ● Neutral
Erin Energy Corp. registered a securities offering with the SEC using its shelf eligibility.
Discuss in chat
14 May 2010 director interest notice ● Neutral
Erin Energy Corp. director William Dozier sold 4,000 shares at $0.00.
Discuss in chat
11 May 2010 late filing notice ▼ Bad
Erin Energy Corp. notified the SEC that its quarterly report would be filed late.
Discuss in chat
23 Apr 2010 director interest notice ● Neutral
Erin Energy Corp. CFO, VP Stephen F Groth gifted 3,000 shares.
Discuss in chat
19 Apr 2010 director interest notice ● Neutral
John Hofmeister became a Erin Energy Corp. director and company insider (initial ownership filing).
Discuss in chat
19 Apr 2010 substantial holder notice ● Neutral
CAMAC Energy Holdings Ltd, CAMAC Energy EP Limited, CAMAC International Ltd, Kase Lawal, Limota Lawal, Iyabo Adegbemile, Kamoru Lawal, Sifawu Lawal, Mukaila Lawal disclosed a new substantial Erin Energy Corp. shareholding (62.74% of votes).
Discuss in chat
19 Apr 2010 director interest notice ● Neutral
Lee Patrick Brown became a Erin Energy Corp. director and company insider (initial ownership filing).
Discuss in chat
← Newer Older → General information only - not financial advice. Figures are extracted automatically from companies' own filings and announcements and have not been reviewed by a person; they can be wrong. Values use fixed in-ground prices, not forecasts, and the calculator is a way to explore a company's own disclosures, not a recommendation to buy or sell. Check every figure against the filing before relying on it.