19 Jan 2012securities registration● Neutral
Grizzly Energy, LLC filed a prospectus supplement for an offering off its existing shelf.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
18 Jan 2012securities registration● Neutral
Grizzly Energy, LLC filed the final prospectus for a registered offering.
18 Nov 2011agm notice● Neutral
Grizzly Energy, LLC announced its upcoming annual shareholder meeting, covering the routine agenda (director elections, auditor ratification, executive-pay advisory vote).
8 Nov 2011quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $185.3 million and net income of $75.9 million for the period ended 2011-09-30.
3 Nov 2011quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $185.3 million and net income of $75.9 million for the period ended 2011-09-30.
31 Oct 2011securities registration● Neutral
Grizzly Energy, LLC filed the final prospectus for a registered offering.
19 Oct 2011business combination● Neutral
Vanguard filed Amendment No. 3 to its registration for the Encore Energy Partners merger, with the terms unchanged: each Encore unit not already owned by Vanguard's subsidiary converts into 0.75 Vanguard common units, and the subsidiary's 20,924,055 Encore units (about 46.0%) will be voted in favor. Both companies' unitholders must still approve it. The ownership percentages, the Vanguard meeting date (shown only as 'November , 2011') and unit prices are still blank in this draft, so it continues the process without settling the vote.
5 Oct 2011material agreement▲ GoodMajor
Lined up a much larger credit facility - borrowing base jumping to $765 million - conditioned on completing the pending Encore Energy Partners merger, reflecting the combined company's bigger reserve base.
3 Oct 2011business combination● Neutral
Vanguard filed Amendment No. 2 to the Encore merger registration, keeping the same 0.75 exchange ratio and now setting the Vanguard unitholder vote for November 14, 2011. The unit issuance needs a majority of votes cast, provided that is also a majority of outstanding units, so the deal moves closer to a decision but is not yet approved.
12 Sept 2011material agreement● Neutral
Expanded its at-the-market equity program to $200 million with Knight Capital, its main channel for incremental unit sales alongside larger underwritten offerings.
9 Sept 2011securities registration● Neutral
Grizzly Energy, LLC filed a prospectus supplement for an offering off its existing shelf.
6 Sept 2011business combination● Neutral
Vanguard filed Amendment No. 1 to its registration for the Encore merger, with the same terms as the first filing: 0.75 Vanguard unit per Encore unit, with Vanguard's subsidiary holding about 46.0% of Encore. The meeting dates and ownership percentages are still blank, so the deal is not yet put to a vote.
9 Aug 2011quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $185.3 million and net income of $75.9 million for the period ended 2011-09-30.
4 Aug 2011quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $185.3 million and net income of $75.9 million for the period ended 2011-09-30.
3 Aug 2011asset acquisition disposition● Neutral
Vanguard completed a Permian Basin purchase in West Texas on July 29, 2011 for an adjusted $40.7 million from an undisclosed seller, funded by credit facility borrowings. The properties hold 2.74 million barrels of oil equivalent of proved reserves (all proved developed) and produced about 500 barrels of oil equivalent per day at closing, with hedges placed on a substantial portion of production through 2014. It continues the acquisition strategy and adds to the debt on the credit facility.
2 Aug 2011business combination● NeutralMajor
Vanguard filed to register units for a merger with Encore Energy Partners, in which each Encore unit not already owned by Vanguard would be converted into 0.75 Vanguard units. Vanguard's subsidiary already holds 20,924,055 Encore units (about 46.0%), and up to 19,119,406 new Vanguard units could be issued. Vanguard unitholders keep their existing units but must vote to approve the issuance, so existing holders face dilution; the percentage split is left blank in this draft. The merger agreement is dated July 10, 2011.
11 July 2011business combination▲ GoodMajor
Agreed to fully merge with Encore Energy Partners, converting all remaining public ENP units into 0.75 Vanguard units each - the roll-up of the MLP it had taken control of seven months earlier into a single company.
23 June 2011material agreement▲ Good
Agreed to buy another $42.5 million of Permian Basin oil and gas properties from a private seller, continuing its acquire-and-hedge growth model.
9 June 2011director interest notice● Neutral
Grizzly Energy, LLC director Singletary Loren received 721 shares as part of the equity award.
9 June 2011director interest notice● Neutral
Grizzly Energy, LLC Vice President of Engineering Pence Britt received 12,500 shares as part of the equity award.
9 June 2011director interest notice● Neutral
Grizzly Energy, LLC director Mccullough Bruce W. received 721 shares as part of the equity award.
9 June 2011director interest notice● Neutral
Grizzly Energy, LLC director Mcgoldrick John R. received 721 shares as part of the equity award.
9 June 2011agm notice● Neutral
Grizzly Energy, LLC 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).
6 June 2011director interest notice● Neutral
Grizzly Energy, LLC director W Richard Anderson received 721 shares as part of the equity award.
13 May 2011quarterly activities report● Neutral
Grizzly Energy, LLC reported quarterly revenue of $112.5 million and net income of $31.8 million for the period ended 2011-06-30.
12 May 2011director interest notice● Neutral
Grizzly Energy, LLC director Mccullough Bruce W. received 2,250 shares as part of the equity award.
12 May 2011director interest notice● Neutral
Grizzly Energy, LLC director Singletary Loren received 2,250 shares as part of the equity award.
12 May 2011director interest notice● Neutral
Grizzly Energy, LLC director W Richard Anderson received 2,250 shares as part of the equity award.
12 May 2011director interest notice● Neutral
Grizzly Energy, LLC director Mcgoldrick John R. received 2,250 shares as part of the equity award.
11 May 2011late filing notice▼ Bad
Grizzly Energy, LLC notified the SEC that its quarterly report would be filed late.