22 Dec 2009listing compliance notice▼ BadMajor
PARALLEL PETROLEUM CORP deregistered its securities, ending its obligation to file reports with the SEC.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 Dec 2009listing compliance notice▼ BadMajor
PARALLEL PETROLEUM CORP deregistered its securities, ending its obligation to file reports with the SEC.
15 Dec 2009securities registration● Neutral
PARALLEL PETROLEUM CORP amended an already-effective registration statement.
15 Dec 2009securities registration● Neutral
PARALLEL PETROLEUM CORP amended an already-effective registration statement.
30 Nov 2009substantial holder notice● Neutral
I.R.S. Identification of Above Person PLLL Holdings, LLC, I.R.S. Identification of Above Person Apollo Management VII, L.P, I.R.S. Identification of Above Person AIF VII Management, LLC, I.R.S. Identification of Above Person Apollo Management, L.P, I.R.S. Identification of Above Person Apollo Management GP, LLC, I.R.S. Identification of Above Person Apollo Management Holdings, L.P, I.R.S. Identification of Above Person Apollo Management Holdings GP, LLC reported a PARALLEL PETROLEUM CORP shareholding of 100.00% of votes in a periodic institutional filing.
25 Nov 2009listing compliance notice● NeutralMajor
PARALLEL PETROLEUM CORP's exchange filed to remove a class of its securities from listing.
2 Nov 2009substantial holder notice● Neutral
I.R.S. Identification of Above Person PLLL Acquisition Co, I.R.S. Identification of Above Person PLLL Holdings, LLC, I.R.S. Identification of Above Person Apollo Management VII, L.P, I.R.S. Identification of Above Person AIF VII Management, LLC, I.R.S. Identification of Above Person Apollo Management, L.P, I.R.S. Identification of Above Person Apollo Management GP, LLC, I.R.S. Identification of Above Person Apollo Management Holdings, L.P, I.R.S. Identification of Above Person Apollo Management Holdings GP, LLC disclosed a new substantial PARALLEL PETROLEUM CORP shareholding (87.40% of votes).
10 Mar 2009substantial holder notice● Neutral
Neuberger Berman Inc., Neuberger Berman, LLC, Neuberger Berman Management LLC, Neuberger Berman Equity Funds reported a PARALLEL PETROLEUM CORP shareholding of 509,895 shares (1.23% of votes) in a periodic institutional filing.
24 Feb 2009resource reserve update▼ BadMajor
Production held up in late 2008 at 7,641 barrels of oil equivalent a day, but reserves did not: proved reserves fell 13% to 33.2 million barrels of oil equivalent after an 8.2 million barrel downward revision driven purely by the price collapse, oil having gone from $96 to $45. The value of those reserves halved, to about $308 million.
13 Feb 2009substantial holder notice● Neutral
Next Century Growth Investors, LLC, Thomas L. Press reported no remaining PARALLEL PETROLEUM CORP shareholding in its periodic institutional filing.
12 Feb 2009substantial holder notice● Neutral
Neuberger Berman Inc., Neuberger Berman, LLC, Neuberger Berman Management LLC, Neuberger Berman Equity Funds reported a PARALLEL PETROLEUM CORP shareholding of 3,080,089 shares (7.41% of votes) in a periodic institutional filing.
12 Feb 2009substantial holder notice● Neutral
Barrow, Hanley, Mewhinney & Strauss, Inc reported a PARALLEL PETROLEUM CORP shareholding of 2,169,780 shares (5.22% of votes) in a periodic institutional filing.
11 Feb 2009substantial holder notice● Neutral
Barrow, Hanley, Mewhinney & Strauss, Inc disclosed a new substantial PARALLEL PETROLEUM CORP shareholding (5.22% of votes).
5 Feb 2009substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. and 1 other disclosed a new substantial PARALLEL PETROLEUM CORP shareholding (3.79% of votes).
15 Apr 2008securities registration● Neutral
PARALLEL PETROLEUM CORP filed the final prospectus for a registered offering.
28 Mar 2008securities registration● Neutral
PARALLEL PETROLEUM CORP registered a securities offering with the SEC using its shelf eligibility.
10 Mar 2008substantial holder notice● Neutral
Neuberger Berman Inc., Neuberger Berman, LLC, Neuberger Berman Management Inc., Neuberger Berman Equity Funds reported a PARALLEL PETROLEUM CORP shareholding of 4,443,544 shares (10.77% of votes) in a periodic institutional filing.
14 Feb 2008substantial holder notice● Neutral
Next Century Growth Investors, LLC, Thomas L. Press disclosed a new substantial PARALLEL PETROLEUM CORP shareholding (7.86% of votes).
12 Feb 2008substantial holder notice● Neutral
Neuberger Berman Inc., Neuberger Berman, LLC, Neuberger Berman Management Inc., Neuberger Berman Equity Funds reported a PARALLEL PETROLEUM CORP shareholding of 4,115,645 shares (9.98% of votes) in a periodic institutional filing.
30 Jan 2008securities registration● Neutral
PARALLEL PETROLEUM CORP filed the final prospectus for a registered offering.
5 Dec 2007securities registration● Neutral
PARALLEL PETROLEUM CORP filed a prospectus supplement for an offering off its existing shelf.
3 Dec 2007securities registration● Neutral
PARALLEL PETROLEUM CORP filed the final prospectus for a registered offering.
17 Oct 2007securities registration● Neutral
PARALLEL PETROLEUM CORP registered a securities offering with the SEC using its shelf eligibility.
15 Oct 2007securities registration● Neutral
PARALLEL PETROLEUM CORP amended an already-effective registration statement.
1 Aug 2007debt financing● NeutralMajor
Parallel Petroleum sold $150 million of seven-year unsecured notes at a 10.25% coupon. That rate is what the bond market charged a small West Texas producer for money that could not be called back by a bank.
28 Feb 2007production update● Neutral
Fourth-quarter 2006 production averaged 6,124 barrels of oil equivalent a day - 26% above the year before but 8% below the September quarter, as declines in the Barnett Shale and south Texas gas outweighed a gain in the New Mexico Wolfcamp. Growth by acquisition and drilling was starting to be offset by decline in the existing base.
12 Oct 2006joint venture update▲ GoodMajor
Chesapeake Energy took over as operator of Parallel's West Fork Barnett Shale project after buying the roughly 61% working interest previously held by Dale Gas Partners. Parallel keeps its stake but the drilling pace is now set by a company many times its size.
11 Aug 2006securities registration● Neutral
PARALLEL PETROLEUM CORP filed the final prospectus for a registered offering.
11 Aug 2006securities registration● Neutral
PARALLEL PETROLEUM CORP filed a free-writing prospectus - marketing material for an offering in progress.
11 Aug 2006securities registration● Neutral
PARALLEL PETROLEUM CORP filed a free-writing prospectus - marketing material for an offering in progress.