28 Apr 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 20,000 shares on the open market.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
24 Apr 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 25,000 shares on the open market at $0.80.
24 Apr 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 10,000 shares on the open market at $5.35.
23 Apr 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 25,000 shares on the open market at $0.80.
10 Apr 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal received 188,679 shares as part of the equity award.
31 Mar 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 50,000 shares on the open market at $0.53.
31 Mar 2015director interest notice● Neutral
Erin Energy Corp. General Counsel SR VP Nicolas J Evanoff exercised stock options for 60,000 shares.
25 Mar 2015resource reserve update● Neutral
The company received an independent reserves report from DeGolyer and MacNaughton on the Oyo field (OMLs 120/121), effective Dec 31, 2014, covering proved, probable and possible reserves. The filing gives no reserve volumes in the 8-K itself; proved figures are in the 2014 Form 10-K and the full report is on the company website.
24 Mar 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 20,000 shares on the open market at $0.44.
12 Mar 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 70,000 shares on the open market.
3 Mar 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 70,000 shares on the open market.
2 Mar 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 71,822 shares on the open market.
23 Feb 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 30,000 shares on the open market.
20 Feb 2015director interest notice● Neutral
Erin Energy Corp. SVP Exploration-Development Segun Omidele received 569,620 shares as part of the equity award.
20 Feb 2015director interest notice● Neutral
Erin Energy Corp. General Counsel SR VP Nicolas J Evanoff received 460,443 shares as part of the equity award.
20 Feb 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal received 675,105 shares as part of the equity award.
20 Feb 2015director interest notice● Neutral
Erin Energy Corp. SVP and CAO Heidi Wong received 395,570 shares as part of the equity award.
19 Feb 2015director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal received 1,350,210 shares as part of the equity award.
19 Feb 2015director interest notice● Neutral
Erin Energy Corp. SVP and CAO Heidi Wong received 395,570 shares as part of the equity award.
19 Feb 2015director interest notice● Neutral
Erin Energy Corp. VP, Ctrlr & Chief Acct Ofcr Adama Traore received 52,557 shares as part of the equity award.
19 Feb 2015director interest notice● Neutral
Erin Energy Corp. SVP Exploration-Development Segun Omidele received 569,620 shares as part of the equity award.
19 Feb 2015director interest notice● Neutral
Erin Energy Corp. General Counsel SR VP Nicolas J Evanoff received 460,443 shares as part of the equity award.
14 Jan 2015material agreement termination▼ BadMajor
A dispute with Northern Offshore over the drillship Energy Searcher, which was supplied to the company's subsidiary CPL through Oceanic Consultants. Northern said on Jan 2, 2015 it was terminating the contract over a missing letter of credit and demanded payment; on Jan 7 Oceanic and CPL rejected that and terminated themselves, claiming wasted costs over $50 million and delay damages over $3 million. The company says it believes its damages exceed any Northern claim, but the outcome is unresolved. The press release says Oyo drilling is now being done by the Transocean Sedco Express rig, with production still expected online by end of Q1 2015.
19 Dec 2014securities registration● Neutral
Erin Energy Corp. registered a securities offering with the SEC using its shelf eligibility.
10 Nov 2014quarterly activities report▼ Bad
Erin Energy Corp. reported a quarterly net loss of $42.2 million for the period ended 2014-09-30.
10 Nov 2014quarterly activities report▼ Bad
Erin Energy Corp. reported a quarterly net loss of $42.2 million for the period ended 2014-09-30.
27 Oct 2014director interest notice● Neutral
Erin Energy Corp. director Leary Hazel O sold 30,000 shares at $0.50.
24 Oct 2014director interest notice● Neutral
Erin Energy Corp. director Leary Hazel O bought 30,000 shares on the open market at $0.50.
22 Oct 2014director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 50,000 shares on the open market at $0.48.
21 Oct 2014director interest notice● Neutral
Erin Energy Corp. Chairman & CEO Kase Lukman Lawal bought 150,000 shares on the open market.