31 Jan 2012director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Merrill A/ Mcpeak bought 10,000 shares on the open market.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
12 Dec 2011quarterly activities report▼ Bad
MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $9.2 million and a net loss of $4.5 million for the period ended 2011-10-31.
12 Dec 2011quarterly activities report▼ Bad
MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $9.2 million and a net loss of $4.5 million for the period ended 2011-10-31.
11 Oct 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Charles M Stivers bought 40,000 shares on the open market.
28 Sept 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Merrill A/ Mcpeak bought 5,000 shares on the open market at $3.09.
28 Sept 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. CEO ALASKA David Michael Hall bought 10,000 shares on the open market at $2.90.
27 Sept 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. CEO Scott M Boruff bought 10,000 shares on the open market at $2.78.
27 Sept 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. President David J Voyticky bought 10,000 shares on the open market at $2.78.
12 Sept 2011quarterly activities report▼ Bad
MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.9 million and a net loss of $183 thousand for the period ended 2011-07-31.
9 Sept 2011quarterly activities report▼ Bad
MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.9 million and a net loss of $183 thousand for the period ended 2011-07-31.
8 Sept 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. CEO Scott M Boruff received 162,500 shares as part of the equity award.
30 Aug 2011quarterly activities report▼ Bad
MILLER ENERGY RESOURCES, INC. reported quarterly revenue of $8.9 million and a net loss of $183 thousand for the period ended 2011-07-31.
29 Aug 2011material agreement▼ BadMajor
Guggenheim waived the resulting defaults but tightened the screws: extra reporting, a 2% interest increase in some circumstances, a $115,593 waiver fee, 90% of net revenue swept to repayment from October, and -- tellingly -- delisting from the NYSE made an event of default in its own right.
5 Aug 2011listing compliance notice▼ BadMajor
Told the New York Stock Exchange it was in breach of the listing rule requiring an annual report with audited accounts, four months after joining. The audit committee brought in outside counsel Andrews Kurth to investigate how the filing went out unaudited.
1 Aug 2011financial restatement▼ BadMajor
A far worse admission than March's: the company had filed its annual report before KPMG had finished auditing it or consented to its own report being used, so the audited accounts and KPMG's opinion had to be withdrawn, along with three more quarters restated for misclassified royalties, understated share-based pay, mis-valued derivatives and an unconsolidated subsidiary.
15 July 2011late filing notice▼ Bad
MILLER ENERGY RESOURCES, INC. notified the SEC that its annual report would be filed late.
17 June 2011debt financing● NeutralMajor
Signed a $100 million credit facility with Guggenheim (borrowing base $35 million, joined by Citibank and Bristol Investment Fund) at a minimum 9.5% interest, secured on everything and requiring 90% of monthly net revenue to go to repayment from January 2012. Expensive money on a short leash, and the first of four lenders in four years.
16 June 2011debt financing● NeutralMajor
Ordered a custom $17.9 million drilling rig from Voorhees for its Osprey offshore platform, payable in five instalments, with the rig itself assigned to Guggenheim as security under the credit facility signed the next day.
13 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. President David J Voyticky received a stock option grant for 2,300,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. CFO Paul W Boyd received a stock option grant for 175,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Merrill A/ Mcpeak received a stock option grant for 40,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. COO Deloy Miller received a stock option grant for 175,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director David Michael Hall received a stock option grant for 175,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Herman Gettelfinger received a stock option grant for 40,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Charles M Stivers received a stock option grant for 40,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Jonathan S Gross received a stock option grant for 40,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director Don A Turkleson received a stock option grant for 40,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. President and CEO Scott M Boruff received a stock option grant for 250,000 shares.
1 June 2011director interest notice● Neutral
MILLER ENERGY RESOURCES, INC. director David J Voyticky received a stock option grant for 150,000 shares.
11 Apr 2011listing compliance notice▼ BadMajor
MILLER ENERGY RESOURCES, INC.'s securities were notified for removal from listing and registration on its exchange.