Each one in plain English, with the numbers worked through for a shareholder.
15 Feb 2018substantial holder notice● Neutral
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a BATTALION OIL CORP shareholding of 13,022,936 shares (8.30% of votes) in a periodic institutional filing.
TYRUS CAPITAL S.A.M, TONY CHEDRAOUI reported a BATTALION OIL CORP shareholding of 11,447,181 shares (7.60% of votes) in a periodic institutional filing.
Halcón agreed to buy 10,524 net acres in Ward County, Texas (the West Quito Draw properties, also in the Southern Delaware Basin) from Shell affiliate SWEPI LP for $200 million, paying a $20 million deposit toward an early-April 2018 close.
Halcón estimated proved reserves at December 31, 2017 of 48-52 MMBoe with PV-10 of $275-300 million, and fourth-quarter 2017 net production of about 6,300 Boe/d.
Halcón filed a preliminary prospectus supplement for an offering of 8,000,000 common shares, with the price not yet set, and a 30-day option for underwriters to buy 1,200,000 more.
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a BATTALION OIL CORP shareholding of 16,372,936 shares (10.90% of votes) in a periodic institutional filing.
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a BATTALION OIL CORP shareholding of 19,211,432 shares (12.80% of votes) in a periodic institutional filing.
Halcón filed a prospectus for an offer to exchange up to $425,005,000 of unregistered 6.75% Senior Notes due 2025 for registered notes with identical terms. The exchange offer was set to expire January 29, 2018, unless extended.
Franklin Resources, Inc, Charles B. Johnson, Rupert H. Johnson, Jr, Franklin Advisers, Inc reported a BATTALION OIL CORP shareholding of 21,522,936 shares (14.30% of votes) in a periodic institutional filing.