13 Feb 2008director interest notice● Neutral
Roger Dale Williams became a Wentworth Energy, Inc. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
28 Jan 2008director interest notice● Neutral
David Watson Steward became a Wentworth Energy, Inc. Chief Executive Officer and company insider (initial ownership filing).
28 Jan 2008director interest notice● Neutral
George D Barnes became a Wentworth Energy, Inc. Vice President of Operations and company insider (initial ownership filing).
25 Jan 2008director interest notice● Neutral
John Punzo became a Wentworth Energy, Inc. director and company insider (initial ownership filing).
25 Jan 2008director interest notice● Neutral
Michael S Studdard became a Wentworth Energy, Inc. President and company insider (initial ownership filing).
25 Jan 2008director interest notice● Neutral
Francis K Ling became a Wentworth Energy, Inc. Chief Financial Officer and company insider (initial ownership filing).
25 Jan 2008director interest notice● Neutral
Tom J Temples became a Wentworth Energy, Inc. VP of Exploration & Production and company insider (initial ownership filing).
25 Jan 2008director interest notice● Neutral
Neil Lande became a Wentworth Energy, Inc. director and company insider (initial ownership filing).
21 Dec 2007director interest notice● Neutral
Wentworth Energy, Inc. Chief Executive Officer David Watson Steward sold 68,000 shares.
21 Dec 2007securities registration● Neutral
Wentworth Energy, Inc. registered a small-business securities offering with the SEC.
17 Dec 2007director interest notice● Neutral
Wentworth Energy, Inc. director John Punzo received a stock option grant for 1,000,000 shares.
15 Nov 2007director interest notice● Neutral
Tom J Temples became a Wentworth Energy, Inc. VP of Exploration & Production and company insider (initial ownership filing).
15 Nov 2007director interest notice● Neutral
Neil Lande became a Wentworth Energy, Inc. director and company insider (initial ownership filing).
15 Nov 2007director interest notice● Neutral
John Punzo became a Wentworth Energy, Inc. CEO and company insider (initial ownership filing).
15 Nov 2007director interest notice● Neutral
George D Barnes became a Wentworth Energy, Inc. Vice President of Operations and company insider (initial ownership filing).
15 Nov 2007director interest notice● Neutral
Michael S Studdard became a Wentworth Energy, Inc. President and company insider (initial ownership filing).
15 Nov 2007director interest notice● Neutral
Francis K Ling became a Wentworth Energy, Inc. CFO and company insider (initial ownership filing).
14 Nov 2007late filing notice▼ Bad
Wentworth Energy, Inc. notified the SEC that its quarterly report would be filed late.
6 Nov 2007capital raising announcement▼ BadMajor
On October 31, 2007 Wentworth restructured the senior notes after disputes over its failure to register the underlying shares, redemption demands and foreclosure notices. Notes are restated at $48,776,572 (the original $32,350,000 plus interest and penalties) plus a new $5,000,000 note, convertible at $0.65 (down from about $1.40) with a full ratchet, due October 31, 2010; existing defaults are waived and redemption notices withdrawn. Cornell (YA Global) debentures were also restated at $1,418,573, and investors agreed to dissolve Wentworth Oil and Gas. This resolves the redemption-demand dispute but with much lower conversion price and larger debt, so more dilution for shareholders.
6 Sept 2007listing compliance notice▼ Bad
Wentworth Energy, Inc. withdrew a registration statement, abandoning the offering it covered.
14 Aug 2007late filing notice▼ Bad
Wentworth Energy, Inc. notified the SEC that its quarterly report would be filed late.
26 July 2007director interest notice● Neutral
David Watson Steward became a Wentworth Energy, Inc. director and company insider (initial ownership filing).
15 May 2007late filing notice▼ Bad
Wentworth Energy, Inc. notified the SEC that its quarterly report would be filed late.
2 May 2007debt financing▼ BadMajor
Three holders of the July 2006 senior notes (CAMOFI, Highbridge and Castlerigg) demanded redemption of $24,000,000 of principal, claiming over $33,600,000, citing claimed events of default. Wentworth disputes parts of the claims, does not intend to redeem and says it does not have the funds; restructuring talks had not been finalized. This turns the $32.35M financing from the earlier thread into a default dispute.
11 Apr 2007director interest notice● Neutral
Wentworth Energy, Inc. Chief Financial Officer Francis K Ling received a stock option grant for 200,000 shares.
2 Apr 2007late filing notice▼ Bad
Wentworth Energy, Inc. notified the SEC that its annual report would be filed late.
16 Feb 2007director interest notice● Neutral
Roger Dale Williams became a Wentworth Energy, Inc. director and company insider (initial ownership filing).
13 Feb 2007director interest notice● Neutral
Neil Lande became a Wentworth Energy, Inc. director and company insider (initial ownership filing).
9 Feb 2007director interest notice● Neutral
Wentworth Energy, Inc. insider Daniel Marvin Leonard sold 2,000 shares at $1.09.
8 Feb 2007director interest notice● Neutral
Wentworth Energy, Inc. insider Daniel Marvin Leonard sold 4,000 shares.