Past year: ▲ 16%(88.0c – 1.52 USD)
Each one in plain English, with the numbers worked through for a shareholder.
7 Apr 2014production update▲ GoodMajor
USE's new Buda Limestone wells with Contango and U.S. Enercorp delivered strong, oil-rich initial rates (up to 1,185 BOE/d on one well) using open-hole completions without fracture stimulation - early validation of the strategic pivot toward this play.
11 Feb 2014production update▲ GoodMajor
USE set a $30.2 million 2014 budget centered on a new focus, the Buda Limestone formation in South Texas (Booth-Tortuga, now operated by Contango Oil & Gas, and the Big Wells block operated by U.S. Enercorp) alongside continued Williston Basin drilling and $8 million set aside for further acreage or producing-property acquisitions.
12 Nov 2013quarterly activities report▼ Bad
The company said it issued a press release on November 12, 2013 reporting its third-quarter 2013 highlights and selected financial results for the three and nine months to September 30, plus an operational update. The 8-K itself gave no figures.
8 Nov 2013quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.6 million and a net loss of $834 thousand for the period ended 2013-09-30.
16 Sept 2013asset acquisition disposition▲ GoodMajor
USE closed the sale of its Remington Village apartment complex in Gillette, Wyoming for $15 million, paying off a $9.5 million note against the property and netting about $5 million to redeploy into oil and gas development or debt reduction - shedding a non-core real estate asset to focus on its energy business.
8 Aug 2013quarterly activities report● Neutral
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $7.9 million and net income of $573 thousand for the period ended 2013-06-30.
8 Aug 2013quarterly activities report● Neutral
The company said it issued a press release on August 8, 2013 reporting its second-quarter 2013 highlights and selected financial results, plus an operational update. The 8-K itself gave no figures.
25 July 2013material agreement▲ GoodMajor
USE refinanced its revolving credit facility with a new lead lender, Wells Fargo, replacing BNP Paribas - extending the facility to 2017, lowering its interest margins, and setting a $25 million borrowing base.
28 June 2013agm notice● Neutral
BIG SKY INDUSTRIAL INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
10 May 2013quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $7.9 million and a net loss of $5.9 million for the period ended 2013-03-31.
10 May 2013quarterly activities report▼ Bad
The company furnished an 8-K saying it had issued a press release with its first quarter 2013 highlights and financial results for the quarter ended March 31, 2013, plus an operational update.
29 Apr 2013agm notice● Neutral
The company issued its proxy statement for the annual meeting set for June 28, 2013. Shareholders were asked to elect two directors, ratify Hein & Associates LLP as auditor, and hold an advisory vote on executive pay.
7 Jan 2013production update● NeutralMajor
USE set a $27.1 million 2013 oil and gas budget that shifted strategy - only $7.1 million for organic Williston Basin drilling but $20 million earmarked for buying producing properties outright, while South Texas drilling was paused pending nearby operators' results - and separately budgeted $5.4 million to keep advancing the Mount Emmons molybdenum project, including buying out partner Thompson Creek's interest in an adjacent property, after filing a formal Mine Plan of Operations with the U.S. Forest Service in October 2012.
9 Nov 2012quarterly activities report▼ Bad
The company furnished an 8-K saying it had issued a press release with its third quarter 2012 operational and selected financial results and an operational update.
9 Nov 2012quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $7.6 million and a net loss of $1.9 million for the period ended 2012-09-30.
17 Sept 2012production update▼ BadMajor
USE's new Woodbine Sub-Clarksville 7 project in northeast Texas (a 26.5% working interest acquired in May 2012) came up mostly empty - six of seven back-to-back test wells were dry holes, and the one well that found hydrocarbons saw the zone water out - while its Eagle Ford and Williston Basin wells kept producing modest, unremarkable results.
10 Sept 2012substantial holder notice● Neutral
Sprott Inc. filed a Schedule 13G amendment showing it held 1,326,898 shares (4.8%) as of August 31, 2012, meaning it had ceased to be a holder of more than 5% of the company.
10 Aug 2012quarterly activities report▼ Bad
The company furnished an 8-K saying it had issued a press release with its second quarter 2012 highlights, financial results for the quarter ended June 30, 2012, and an operational update.
9 Aug 2012quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.5 million and a net loss of $990 thousand for the period ended 2012-06-30.
11 July 2012substantial holder notice● Neutral
BlackRock, Inc reported a BIG SKY INDUSTRIAL INC. shareholding of 756,969 shares (2.76% of votes) in a periodic institutional filing.
29 June 2012agm notice● Neutral
BIG SKY INDUSTRIAL INC. shareholders approved the routine matters put to a vote at the company's annual meeting (director elections, auditor ratification, and the executive-pay advisory vote).
14 June 2012production update▲ GoodMajor
USE reported solid initial rates (1,000-1,400+ BOE/d) on three more participated Williston Basin wells - including its first well with new operator Slawson Exploration, albeit at a token 1% working interest - and closed a separate sale of its Montana leasehold acreage.
10 May 2012quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.3 million and a net loss of $381 thousand for the period ended 2012-03-31.
10 May 2012quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.3 million and a net loss of $381 thousand for the period ended 2012-03-31.
30 Apr 2012agm notice● Neutral
The company gave notice of its annual meeting on June 29, 2012, in Riverton, Wyoming. Shareholders were asked to elect two directors, ratify Hein & Associates as auditor, hold a say-on-pay vote and approve a 2012 Equity Plan.
13 Feb 2012substantial holder notice● Neutral
BlackRock, Inc reported a BIG SKY INDUSTRIAL INC. shareholding of 1,647,414 shares (6.04% of votes) in a periodic institutional filing.
1 Feb 2012substantial holder notice● Neutral
Sprott Inc reported a BIG SKY INDUSTRIAL INC. shareholding of 1,495,598 shares (5.50% of votes) in a periodic institutional filing.
31 Jan 2012production update▲ GoodMajor
More strong Bakken results (a new well at 1,869 BOE/d, another offsetting the program's best-ever well) and continued Eagle Ford progress, plus USE entered a new participation agreement for an Oakville oil prospect in Live Oak County, Texas.
26 Jan 2012asset acquisition disposition▲ GoodMajor
USE monetized undeveloped Bakken acreage it wasn't going to drill itself, selling 75% of its Yellowstone/SE HR leasehold to GeoResources and Yuma for $16.7 million (on top of a $13.7 million sale of undeveloped Rough Rider acreage to Brigham the month before) while keeping its working interests in producing wells; separately, it listed its Remington Village apartment complex (Gillette, WY) for sale and flagged an expected non-cash impairment on that real estate asset.
21 Dec 2011material agreement▲ GoodMajor
USE approved a $48.1 million 2012 drilling budget across its Eagle Ford, Williston Basin and San Joaquin programs, projected a 70% jump in average daily production for 2012, sold part of its undeveloped Rough Rider acreage to Brigham, and reported a strong 1,840 BOE/d initial rate from its latest Zavanna well.
