18 June 2014director interest notice● Neutral
SARATOGA RESOURCES INC /TX director Rex H White Jr. received a stock option grant for 35,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 June 2014director interest notice● Neutral
SARATOGA RESOURCES INC /TX director Kevin Smith received a stock option grant for 35,000 shares.
18 June 2014director interest notice● Neutral
SARATOGA RESOURCES INC /TX director John William Rhea IV received a stock option grant for 35,000 shares.
15 May 2014director interest notice● Neutral
SARATOGA RESOURCES INC /TX VP - Finance/Business Develop John C Ebert received a stock option grant for 60,000 shares.
15 May 2014quarterly activities report▼ Bad
SARATOGA RESOURCES INC /TX reported quarterly revenue of $11.7 million and a net loss of $8.3 million for the period ended 2014-03-31.
15 May 2014director interest notice● Neutral
SARATOGA RESOURCES INC /TX Controller Randal B Mcdonald Jr. received a stock option grant for 30,000 shares.
14 May 2014securities registration● Neutral
SARATOGA RESOURCES INC /TX filed the final prospectus for a registered offering.
25 Apr 2014business combination● Neutral
Amendment No. 2 to the S-4 for the exchange of the $54.6 million 10.0% first lien notes, with unchanged exchange terms and the same section list as before. The page numbers shifted, so the text appears to have been revised, but the visible part does not say how. The exchange is still not shown as complete.
18 Feb 2014substantial holder notice● Neutral
Macquarie Group Limited, Macquarie Bank Limited, Macquarie Americas Corp This Schedule disclosed a new substantial SARATOGA RESOURCES INC /TX shareholding (5.20% of votes).
18 Feb 2014substantial holder notice● Neutral
Macquarie Group Limited, Macquarie Bank Limited, Macquarie Americas Corp This Schedule disclosed a new substantial SARATOGA RESOURCES INC /TX shareholding (5.20% of votes).
11 Feb 2014business combination● Neutral
Amendment No. 1 to the S-4 for the exchange of the $54.6 million 10.0% first lien notes. The cover terms are unchanged. The table of contents now lists added sections (management discussion, business, legal proceedings, management, executive compensation, ownership, financial statements), so the amendment appears to add fuller company disclosure. This is an inference from the contents list.
13 Jan 2014business combination● Neutral
The company filed an S-4 to offer to swap the $54.6 million of 10.0% first lien notes sold privately on November 22, 2013 for identical notes registered with the SEC. This is the exchange registration promised in the November 2013 deal; the company receives no proceeds and the notes' terms stay the same.
29 Nov 2013director interest notice● Neutral
John C Ebert became a SARATOGA RESOURCES INC /TX VP - Finance and Bus. Dev. and company insider (initial ownership filing).
25 Nov 2013debt financing● NeutralMajor
On November 22, 2013 the company sold $54.6 million of new 10.0% Senior Secured Notes due December 31, 2015 (first lien) to two institutional investors at par. The company received about $25.4 million net cash, and the investors handed back $27.3 million of the 12.5% notes, which were retired. The new notes rank ahead of the remaining 12.5% notes, now called second lien and stated at $152.5 million, under an intercreditor agreement. The new notes mature sooner (2015, versus 2016 for the 12.5% notes), and total secured debt rises net of the retirement; the filing does not say why the company did this.
13 Nov 2013quarterly activities report▼ Bad
SARATOGA RESOURCES INC /TX reported quarterly revenue of $16.5 million and a net loss of $5.7 million for the period ended 2013-09-30.
12 Nov 2013quarterly activities report▼ Bad
SARATOGA RESOURCES INC /TX reported quarterly revenue of $16.5 million and a net loss of $5.7 million for the period ended 2013-09-30.
9 Aug 2013quarterly activities report▼ Bad
SARATOGA RESOURCES INC /TX reported quarterly revenue of $18.9 million and a net loss of $2.3 million for the period ended 2013-06-30.
9 Aug 2013quarterly activities report▼ Bad
SARATOGA RESOURCES INC /TX reported quarterly revenue of $18.9 million and a net loss of $2.3 million for the period ended 2013-06-30.
20 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX director John William Rhea IV sold 14,909 shares at $1.93.
20 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX director Kevin Smith sold 8,000 shares at $1.73.
18 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX President Andy Clifford bought 2,105 shares on the open market at $1.89.
17 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX Chairman and CEO Thomas F Cooke bought 2,000 shares on the open market at $1.98.
11 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX director Kevin Smith received a stock option grant for 35,000 shares.
11 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX President Andy Clifford received a stock option grant for 250,000 shares.
11 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX director Rex H White Jr. received a stock option grant for 35,000 shares.
11 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX Chairman and CEO Thomas F Cooke received a stock option grant for 250,000 shares.
11 June 2013director interest notice● Neutral
SARATOGA RESOURCES INC /TX director John William Rhea IV received a stock option grant for 35,000 shares.
13 May 2013quarterly activities report▼ Bad
SARATOGA RESOURCES INC /TX reported quarterly revenue of $18.7 million and a net loss of $1.1 million for the period ended 2013-03-31.
10 May 2013quarterly activities report▼ Bad
SARATOGA RESOURCES INC /TX reported quarterly revenue of $18.7 million and a net loss of $1.1 million for the period ended 2013-03-31.
18 Mar 2013late filing notice▼ Bad
SARATOGA RESOURCES INC /TX notified the SEC that its annual report would be filed late.