29 Aug 2006listing compliance notice▼ BadMajor
ARENA RESOURCES INC's securities were notified for removal from listing and registration on its exchange.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
25 Aug 2006listing compliance notice▲ GoodMajor
the New York Stock Exchange certified ARENA RESOURCES INC's securities for listing, clearing them to begin trading.
12 July 2006securities registration● Neutral
ARENA RESOURCES INC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
7 July 2006director interest notice● Neutral
ARENA RESOURCES INC President, CEO Rochford Lloyd Timothy sold 100,000 shares at $33.57.
5 July 2006director interest notice● Neutral
ARENA RESOURCES INC director Woodrum Clayton Eugene sold 3,000 shares at $31.67.
5 July 2006director interest notice● Neutral
ARENA RESOURCES INC Treasurer, Secretary Mccabe Stanley Myron sold 100,000 shares at $34.53.
22 June 2006securities registration● Neutral
ARENA RESOURCES INC registered a securities offering with the SEC using its shelf eligibility.
22 June 2006director interest notice● Neutral
ARENA RESOURCES INC Chief Executive Officer Broaddrick William Randall sold 50,000 shares at $29.16.
30 May 2006capital raising announcement▲ GoodMajor
Raised $32.2 million placing 1.15 million shares at $28.04 with thirty accredited investors, a 5% discount to the market price. The shares have almost tripled since the $10.30 placement eleven months earlier.
What it means for a shareholder
1.1m new shares at $28.04 to raise about $32.2m. Shares on issue before the raise aren't in the record, so the dilution can't be worked out.
Create a free account to see this worked out for your own holding.
5 May 2006material agreement▲ GoodMajor
Files the signed credit agreement (dated May 3, 2006) for the MidFirst Bank facility, now with Compass Bank and Bank of Scotland as lenders. It completes the March 31, 2006 commitment letter: the facility rises from $50 million (with a $35 million borrowing base) to a maximum of $150 million with an initial $65 million borrowing base. This adds the borrowing room used for later purchases.
24 Apr 2006director interest notice● Neutral
ARENA RESOURCES INC director Crawford Charles Mark sold 10,000 shares at $34.40.
12 Apr 2006director interest notice● Neutral
ARENA RESOURCES INC director Kemendo Chris V Jr. sold 10,000 shares at $36.02.
5 Apr 2006material agreement▲ GoodMajor
Tripled the bank line: MidFirst brought in Compass Bank and Bank of Scotland to lift the facility ceiling from $50 million to $150 million and the amount actually drawable from $35 million to $65 million, for three years. The lending group is growing in step with the asset base.
24 Mar 2006director interest notice● Neutral
ARENA RESOURCES INC Treasurer, Secretary Mccabe Stanley Myron sold 100,000 shares at $30.02.
24 Mar 2006director interest notice● Neutral
ARENA RESOURCES INC President, CEO Rochford Lloyd Timothy sold 100,000 shares at $30.02.
15 Feb 2006securities registration● Neutral
ARENA RESOURCES INC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
17 Oct 2005securities registration● Neutral
ARENA RESOURCES INC amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
12 Oct 2005listing compliance notice▼ BadMajor
ARENA RESOURCES INC's securities were notified for removal from listing and registration on its exchange.
22 Aug 2005securities registration● Neutral
ARENA RESOURCES INC registered a securities offering with the SEC using its shelf eligibility.
14 July 2005capital raising announcement▲ GoodMajor
Raised $10 million selling 970,874 new shares at $10.30 to a group of investors, who also took over the company's call-option rights on 149,658 existing shares. First equity money to sit alongside the bank debt that had paid for both Permian purchases.
8 Apr 2005director interest notice● Neutral
ARENA RESOURCES INC Treasurer, Secretary Mccabe Stanley Myron sold 11,500 shares.
8 Apr 2005director interest notice● Neutral
ARENA RESOURCES INC President, CEO Rochford Lloyd Timothy sold 11,500 shares.
6 Apr 2005director interest notice● Neutral
ARENA RESOURCES INC President, CEO Rochford Lloyd Timothy sold 67,500 shares.
6 Apr 2005director interest notice● Neutral
ARENA RESOURCES INC Treasurer, Secretary Mccabe Stanley Myron sold 67,500 shares.
4 Apr 2005director interest notice● Neutral
ARENA RESOURCES INC Treasurer, Secretary Mccabe Stanley Myron sold 21,000 shares.
4 Apr 2005director interest notice● Neutral
ARENA RESOURCES INC President, CEO Rochford Lloyd Timothy sold 21,000 shares.
7 Mar 2005asset acquisition disposition● Neutral
Supplied the audited accounts and pro-forma figures the December Fuhrman-Mascho purchase required, and disclosed for the first time that 30,000 shares had gone to Redemption Marketing, a company owned by Bill Parsons, as a consulting and finder's fee on the deal.
4 Jan 2005asset acquisition disposition▲ GoodMajor
Bought the Fuhrman-Mascho leases in Andrews County, Texas - 84 leases and 172 producing wells - for $10.55 million, $9.5 million of it cash borrowed from MidFirst again plus 150,013 shares at $7.00. Bought as much for the drilling locations on it as the existing production; Fuhrman-Mascho becomes the company's core asset.
3 Dec 2004listing compliance notice▼ BadMajor
ARENA RESOURCES INC's securities were notified for removal from listing and registration on its exchange.
28 Oct 2004director interest notice● Neutral
ARENA RESOURCES INC Treasurer, Secretary Mccabe Stanley Myron gifted 75,000 shares.