27 Apr 2005securities registration● Neutral
HESS BAKKEN INVESTMENTS I Corp amended an already-effective registration statement.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
25 Apr 2005director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp Vice President Solomon Bob received 1,933,333 shares as part of the equity award.
25 Apr 2005director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp Chief Executive Officer O Brien Patrick D received 1,933,334 shares and a 250,000-share option grant as part of the equity award.
25 Apr 2005director interest notice● Neutral
Solomon Bob became a HESS BAKKEN INVESTMENTS I Corp Vice-President and company insider (initial ownership filing).
25 Apr 2005director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp Secretary Kendell V Tholstrom received 1,933,333 shares as part of the equity award.
25 Apr 2005director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp President and CFO Andrew P Calerich received a stock option grant for 500,000 shares.
1 Apr 2005late filing notice▼ Bad
HESS BAKKEN INVESTMENTS I Corp notified the SEC that its annual report would be filed late.
25 Mar 2005material agreement● NeutralMajor
Signed a letter of intent to buy Tower Colombia outright for 5.8 million shares, and agreed meanwhile to pay Tower $30,000 a month to run its accounting, asset management and human resources. This is not an arm's-length deal: Tower's three owners are American's own chairman and chief executive Patrick O'Brien, director Kendell Tholstrom, and Bob Solomon, and the deal would add 25 percentage points to American's interest in four project areas the two already share.
23 Feb 2005director interest notice● Neutral
Jon R Whitney became a HESS BAKKEN INVESTMENTS I Corp director and company insider (initial ownership filing).
17 Feb 2005director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp Chief Executive Officer O Brien Patrick D received a stock option grant for 250,000 shares.
14 Feb 2005substantial holder notice● Neutral
Wellington Management Company, LLP disclosed a new substantial HESS BAKKEN INVESTMENTS I Corp shareholding (8.60% of votes).
31 Jan 2005securities registration● Neutral
HESS BAKKEN INVESTMENTS I Corp amended a filing by which it registered a securities offering with the SEC.
20 Dec 2004securities registration● Neutral
HESS BAKKEN INVESTMENTS I Corp amended a filing by which it registered a small-business securities offering with the SEC.
3 Dec 2004securities registration● Neutral
HESS BAKKEN INVESTMENTS I Corp registered a small-business securities offering with the SEC.
13 Oct 2004director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp director Nick Demare received 25,000 shares as part of the equity award.
28 Sept 2004capital raising announcement▲ GoodMajor
Raised $4.5 million selling 3 million shares at $1.50 to six institutional accounts of a Boston fund manager, taking fully diluted shares to 29.8 million with no long-term debt. Separately, 1.5 million $1.00 warrants from a March 2004 placement expired unexercised.
2 Apr 2004director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp director Nick Demare received 12,500 shares as part of the equity award.
31 Mar 2004late filing notice▼ Bad
HESS BAKKEN INVESTMENTS I Corp notified the SEC that its annual report would be filed late.
10 Nov 2003director interest notice● Neutral
Nick Demare became a HESS BAKKEN INVESTMENTS I Corp director and company insider (initial ownership filing).
5 Nov 2003director interest notice● Neutral
HESS BAKKEN INVESTMENTS I Corp Secretary Alan Gelfand received 100,238 shares as part of the equity award.
18 July 2003director interest notice● Neutral
Andrew P Calerich became a HESS BAKKEN INVESTMENTS I Corp President and CFO and company insider (initial ownership filing).
15 May 2003late filing notice▼ Bad
HESS BAKKEN INVESTMENTS I Corp notified the SEC that its quarterly report would be filed late.
13 May 2003auditor change● Neutral
Replaced auditor Clyde Bailey with Wheeler Wasoff after management changed and the head office moved to Casper, Wyoming; there was no disagreement over the accounts. Housekeeping that follows the change of control, not a warning sign.
5 Mar 2003asset acquisition disposition▲ GoodMajor
Paid $815,000 - only $400,000 of it at closing - for half of three Rocky Mountain prospects: Bear Creek coalbed methane in Montana, the Krejci oil and gas leases in Wyoming, and Powder River coalbed methane acreage. The sellers, Tower Colombia Corporation and North Finn LLC, become this company's two defining partners.