1 Mar 2013quarterly activities report▼ Bad
Grizzly Energy, LLC reported quarterly revenue of $67.4 million and a net loss of $27.0 million for the period ended 2013-03-31.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
5 Feb 2013material agreement● Neutral
Sold 9.2 million common units (over-allotment fully exercised) at $27.85 each, continuing to fund acquisitions with public equity.
1 Feb 2013securities registration● Neutral
Grizzly Energy, LLC filed a prospectus supplement for an offering off its existing shelf.
30 Jan 2013securities registration● Neutral
Grizzly Energy, LLC filed the final prospectus for a registered offering.
28 Jan 2013director interest notice● Neutral
Grizzly Energy, LLC director Singletary Loren received a stock option grant for 4,671 shares.
28 Jan 2013director interest notice● Neutral
Grizzly Energy, LLC director Mcgoldrick John R. received a stock option grant for 4,671 shares.
28 Jan 2013director interest notice● Neutral
Grizzly Energy, LLC director Mccullough Bruce W. received a stock option grant for 4,671 shares.
28 Jan 2013director interest notice● Neutral
Grizzly Energy, LLC director W Richard Anderson received a stock option grant for 4,671 shares.
24 Jan 2013director interest notice● Neutral
Grizzly Energy, LLC Senior VP of Engineering Pence Britt received a stock option grant for 12,500 shares.
3 Jan 2013director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Robert Richard A bought 3,696 shares on the open market at $25.37.
3 Jan 2013asset acquisition disposition● NeutralMajor
Vanguard closed its purchase of natural gas and liquids assets in Colorado's Piceance Basin and Wyoming's Powder River and Wind River Basins from Bill Barrett Corporation on December 31, 2012, for an adjusted $328.8 million, funded by borrowing on its existing reserve-based credit facility. The assets carry about 300 billion cubic feet equivalent of proved reserves (about 86% natural gas, 80% proved developed) and produce about 65 million cubic feet equivalent per day. It continues the acquisition strategy and adds to the credit facility debt.
3 Jan 2013director interest notice● Neutral
Grizzly Energy, LLC Vice President of Engineering Pence Britt bought 12,936 shares on the open market at $25.37.
26 Dec 2012material agreement termination▼ Bad
Lost the $131 million Montana Bakken acquisition after a third party exercised its preferential right to buy the assets instead - a rare deal announced weeks earlier that didn't close.
20 Nov 2012director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Scott W Smith bought 2,000 shares on the open market at $25.00.
15 Nov 2012material agreement▲ GoodMajor
Agreed to buy non-operated Bakken oil assets in Montana for $131.0 million, currently producing about 1,100 barrels of oil equivalent a day, effective 1 August 2012 and due to close by year end. The 8-K text calls the seller undisclosed, but the purchase and sale agreement filed with it names Halliburton Energy Services. A third party holds a pre-emptive right to buy the assets instead, expiring 30 days after notice.
5 Nov 2012material agreement▲ GoodMajor
Agreed to buy $335 million of natural gas assets in Colorado's Piceance Basin and Wyoming's Powder River and Wind River basins from Bill Barrett Corporation.
2 Nov 2012quarterly activities report▼ Bad
Grizzly Energy, LLC reported quarterly revenue of $27.9 million and a net loss of $68.7 million for the period ended 2012-09-30.
1 Nov 2012quarterly activities report▼ Bad
Grizzly Energy, LLC reported quarterly revenue of $27.9 million and a net loss of $68.7 million for the period ended 2012-09-30.
9 Oct 2012director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Robert Richard A exercised stock options for 50,000 shares and disposed of 100,000 shares.
9 Oct 2012director interest notice● Neutral
Grizzly Energy, LLC Vice President of Engineering Pence Britt exercised stock options for 75,000 shares and disposed of 150,000 shares.
9 Oct 2012debt financing● Neutral
Issued an additional $200 million of its 7.875% 2020 notes as an add-on to the April offering, using proceeds to pay down credit-facility borrowings.
3 Oct 2012securities registration● Neutral
Grizzly Energy, LLC filed a free-writing prospectus - marketing material for an offering in progress.
3 Oct 2012securities registration● Neutral
Grizzly Energy, LLC filed a prospectus supplement for an offering off its existing shelf.
2 Oct 2012securities registration● Neutral
Grizzly Energy, LLC filed the final prospectus for a registered offering.
17 Sept 2012material agreement● Neutral
Sold 6.9 million common units (including a fully exercised over-allotment) at $27.51 each, its largest common-unit offering to date.
14 Sept 2012director interest notice● Neutral
Grizzly Energy, LLC Vice President of Engineering Pence Britt bought 5,000 shares on the open market at $27.32.
14 Sept 2012director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Robert Richard A exercised stock options for 50,000 shares and disposed of 50,000 shares.
12 Sept 2012securities registration● Neutral
Grizzly Energy, LLC filed a prospectus supplement for an offering off its existing shelf.
11 Sept 2012securities registration● Neutral
Grizzly Energy, LLC filed the final prospectus for a registered offering.
3 Aug 2012director interest notice● Neutral
Grizzly Energy, LLC Executive VP and CFO Robert Richard A received a stock option grant for 125,000 shares.