Past year: ▲ 16%(88.0c – 1.52 USD)
Each one in plain English, with the numbers worked through for a shareholder.
15 Nov 2011production update▲ GoodMajor
USE reported a second successful Zavanna-operated Bakken well (Koufax 3-10 #1H, 1,660 BOE/d) validating a new acreage block, while simultaneously advancing wells across three other programs: Eagle Ford (Crimson), a new California test well with Cirque Resources, and ongoing Gulf Coast completions.
7 Nov 2011quarterly activities report● Neutral
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $10.0 million and net income of $268 thousand for the period ended 2011-09-30.
7 Nov 2011quarterly activities report● Neutral
U.S. Energy filed an 8-K noting it had published a press release dated November 7, 2011 on its operational and financial results for the quarter ended September 30, 2011. The 8-K itself gave no figures.
23 Sept 2011security holder rights change● Neutral
USE's decade-old shareholder rights plan (poison pill), first adopted in 2001, expired on its own terms with no replacement adopted.
11 Aug 2011quarterly activities report▼ Bad
U.S. Energy filed Amendment No. 1 to its June 30, 2011 10-Q solely to add XBRL-formatted financial statements. It made no other changes to the original report.
9 Aug 2011quarterly activities report▼ Bad
U.S. Energy filed an 8-K noting it had published a press release dated August 8, 2011 on its operational and financial results for the quarter ended June 30, 2011. The 8-K itself gave no figures.
8 Aug 2011quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $8.1 million and a net loss of $75 thousand for the period ended 2011-06-30.
2 Aug 2011agm notice● Neutral
BIG SKY INDUSTRIAL INC. said it would follow the shareholder vote on say-on-pay frequency (1 year received the most votes) and hold the executive-pay advisory vote annually. The amendment was filed solely to disclose this decision.
11 July 2011drilling progress report▼ Bad
BIG SKY INDUSTRIAL INC. (as USE) published a press release announcing results of its southeastern Colorado drilling program. The 8-K itself gave no well-level results.
5 July 2011farm in farm out agreement▲ GoodMajor
USE entered a second Eagle Ford participation deal with Crimson Exploration, acquiring 30% of Crimson's working interest in about 7,186 acres (2,156 net to USE) in Zavala and Dimmit Counties, Texas - bringing USE's total Eagle Ford position to roughly 11,861 gross acres with up to 70 potential drilling locations, complementing its existing Leona River acreage with the same partner.
28 June 2011drilling progress report▲ GoodMajor
USE's Rough Rider Bakken wells with Brigham kept delivering strong results - four wells completed in Q2 2011 with initial rates as high as 2,375 BOE/d, and all 15 spacing units now held by production - though unusually severe North Dakota flooding disrupted access to some sites; separately, USE spudded its first well on a new operated Colorado prospect.
24 June 2011agm 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).
9 May 2011quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported a quarterly net loss of $2.2 million for the period ended 2011-03-31.
27 Apr 2011agm notice● Neutral
BIG SKY INDUSTRIAL INC. gave notice of its annual meeting on June 24, 2011, to elect three directors, hold say-on-pay and say-on-pay frequency votes, and ratify the auditor. The record date was April 25, 2011.
7 Apr 2011drilling progress report▲ GoodMajor
USE's Bakken position with Brigham Exploration was accelerating - four wells nearing completion, offsetting a well that had already delivered the company's best-ever initial rate of over 4,000 BOE/d - while its non-operated Zavanna wells saw its working interests bumped up (other partners declining to participate); separately, BNP Paribas raised USE's credit facility borrowing base from $12 million to $22.5 million.
9 Feb 2011substantial holder notice● Neutral
BlackRock, Inc disclosed a new substantial BIG SKY INDUSTRIAL INC. shareholding (6.58% of votes).
8 Feb 2011drilling progress report▲ Good
USE filed an 8-K noting a February 8, 2011 press release updating its oil and gas drilling in Texas and Louisiana with partners PetroQuest, Yuma, Houston Energy and Southern Resources. The filing itself gave no production, well or budget figures.
24 Jan 2011substantial holder notice● Neutral
Sprott Asset Management LP reported a BIG SKY INDUSTRIAL INC. shareholding of 1,514,098 shares (5.60% of votes) in a periodic institutional filing.
8 Nov 2010quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $6.4 million, after a $586 thousand unrealized hedging loss, and a net loss of $235 thousand for the quarter ended 2010-09-30.
9 Aug 2010quarterly activities report▼ Bad
BIG SKY INDUSTRIAL INC. reported quarterly revenue of $6.8 million, including $6.2 million from oil and gas, and a net loss of $130 thousand for the quarter ended 2010-06-30.
2 Aug 2010material agreement▲ GoodMajor
USE set up a $75 million revolving credit facility with BNP Paribas, run through a new wholly-owned borrowing subsidiary (Energy One LLC) and guaranteed by USE itself, with an initial borrowing base of $12 million against its oil and gas properties - undrawn at signing but real growth-financing capacity for the new drilling programs.
10 May 2010quarterly activities report● Neutral
BIG SKY INDUSTRIAL INC. reported a quarterly net income of $1.5 million for the period ended 2010-03-31.
16 Feb 2010substantial holder notice● Neutral
CORRIENTE ADVISORS, LLC reported no remaining BIG SKY INDUSTRIAL INC. shareholding in its periodic institutional filing.
26 Jan 2010substantial holder notice● Neutral
Sprott Asset Management LP reported holding 1,757,600 BIG SKY INDUSTRIAL INC. shares, 6.5% of the class, in an amended Schedule 13G as of 31 December 2009.
21 Jan 2010production update▲ GoodMajor
USE announced it had elected to participate in the third group of five wells with Brigham Exploration under their Drilling Participation Agreement. It also issued a production update and a summary of its 2010 oil and gas budget.
16 Dec 2009material agreement▲ GoodMajor
USE raised about $24.3 million in a firm-commitment stock offering, selling 5 million shares at $5.25 through Madison Williams, funding it needed to expand its new Bakken drilling program.
14 Dec 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. filed a prospectus supplement for an offering off its existing shelf.
11 Dec 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. filed a free-writing prospectus - marketing material for an offering in progress.
1 Dec 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. filed a preliminary prospectus supplement for a 5,000,000-share common stock offering, with pricing left blank and a 750,000-share over-allotment option for the underwriters.
4 Nov 2009securities registration● Neutral
BIG SKY INDUSTRIAL INC. amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
