8 Sept 2008director interest notice● Neutral
Grizzly Energy, LLC Vice President of Engineering Pence Britt bought 2,000 shares on the open market at $14.83.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 Sept 2008auditor change● Neutral
Auditor UHY LLP resigned after determining that hiring a member of its own audit team created an independence conflict - not a dispute over the company's books, which UHY had signed off on cleanly.
15 Aug 2008director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Robert Richard A bought 5,000 shares on the open market at $15.46.
30 July 2008asset acquisition disposition▲ Good
Closed the South Texas gas acquisition from the Lewis Energy Group affiliate, paying $32 million cash and issuing 1.35 million units, and assumed Lewis's existing gas hedges through 2011.
21 July 2008material agreement▲ GoodMajor
Agreed to buy South Texas natural gas properties from an affiliate of the Lewis Energy Group for about $53.4 million in cash and units, with Lewis continuing to operate the wells and jointly develop undeveloped acreage.
12 May 2008financial restatement● Neutral
Corrected per-unit earnings figures in its 2007 annual report (from $0.24 to $0.39) due to a unit-count calculation error; the fix didn't change total assets, income or cash flow.
1 Apr 2008director interest notice● Neutral
Grizzly Energy, LLC CFO and Executive VP Robert Richard A received a stock option grant for 1 shares.
1 Apr 2008director interest notice● Neutral
Grizzly Energy, LLC President and CEO Scott W Smith received a stock option grant for 1 shares.
5 Mar 2008director interest notice● Neutral
Mccullough Bruce W. became a Grizzly Energy, LLC director and company insider (initial ownership filing).
5 Mar 2008director interest notice● Neutral
Grizzly Energy, LLC director Mccullough Bruce W. received 5,000 shares as part of the equity award.
4 Mar 2008director interest notice● Neutral
Mcgoldrick John R. became a Grizzly Energy, LLC director and company insider (initial ownership filing).
4 Mar 2008director interest notice● Neutral
Grizzly Energy, LLC director Mcgoldrick John R. received 5,000 shares as part of the equity award.
3 Mar 2008director interest notice● Neutral
Grizzly Energy, LLC director Singletary Loren received 5,000 shares as part of the equity award.
3 Mar 2008director interest notice● Neutral
Singletary Loren became a Grizzly Energy, LLC director and company insider (initial ownership filing).
14 Feb 2008substantial holder notice● Neutral
Third Point LLC, Daniel S. Loeb, Third Point Partners L.P., BLRTQS Partnership, Bradley L. Radoff disclosed a new substantial Grizzly Energy, LLC shareholding (9.50% of votes).
13 Feb 2008substantial holder notice● Neutral
Lehman Brothers Holdings Inc., Lehman Brothers Inc., LB I Group Inc., Lehman Brothers MLP Opportunity Associates LLC, Lehman Brothers MLP Opportunity Associates LP, Lehman Brothers MLP Opportunity Fund LP of Abo, Lehman Brothers MLP Associates, L.P. of Above, Lehman Brothers MLP Partners, LP of Above Pers disclosed a new substantial Grizzly Energy, LLC shareholding (11.20% of votes).
4 Feb 2008asset acquisition disposition▲ Good
Closed the Apache Permian Basin purchase at $73.4 million after price adjustments, and locked in swaps covering most of the acquired oil output through 2011.
7 Jan 2008director interest notice● Neutral
Grizzly Energy, LLC 10%+ owner Lehman Brothers Holdings INC bought 7,500 shares on the open market.
7 Jan 2008director interest notice● Neutral
Grizzly Energy, LLC 10%+ owner Lehman Brothers Holdings INC bought 32,300 shares on the open market.
28 Dec 2007material agreement▲ GoodMajor
Agreed to buy Permian Basin oil and gas properties from Apache Corporation for about $78.3 million, funded through its reserve-based credit facility - the first major acquisition for the newly public upstream MLP.
5 Dec 2007director interest notice● Neutral
Grizzly Energy, LLC President and CEO Scott W Smith bought 2,000 shares on the open market at $16.50.
5 Dec 2007director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Robert Richard A bought 10,000 shares on the open market at $16.68.
3 Dec 2007director interest notice● Neutral
Grizzly Energy, LLC 10%+ owner Lehman Brothers Holdings INC bought 20,000 shares on the open market.
31 Oct 2007director interest notice● Neutral
Grizzly Energy, LLC Exec. VP and CFO Robert Richard A bought 2,000 shares on the open market at $19.00.
31 Oct 2007director interest notice● Neutral
Grizzly Energy, LLC VP of Engineering Pence Britt bought 5,500 shares on the open market at $19.00.
31 Oct 2007director interest notice● Neutral
Grizzly Energy, LLC President and CEO Scott W Smith bought 5,000 shares on the open market at $19.00.
24 Oct 2007director interest notice● Neutral
Cannon Michael J became a Grizzly Energy, LLC director and company insider (initial ownership filing).
24 Oct 2007director interest notice● Neutral
Wagene Lasse became a Grizzly Energy, LLC director and company insider (initial ownership filing).
24 Oct 2007director interest notice● Neutral
Nami Majeed S became a Grizzly Energy, LLC 10%+ owner and company insider (initial ownership filing).
24 Oct 2007director interest notice● Neutral
Nami Ariana became a Grizzly Energy, LLC 10%+ owner and company insider (initial ownership filing).