Past year: ▲ 1238%(49.5c – 6.91 USD)
Each one in plain English, with the numbers worked through for a shareholder.
14 Feb 2003production update▲ GoodMajor
Now renamed Harvest Natural Resources, the company restarted oil production and sales in Venezuela after the national strike that had shut the industry down - the first sign that its one remaining core business was still functioning.
9 Apr 2002asset acquisition disposition▲ GoodMajor
Then still called Benton Oil and Gas, the company agreed to sell its entire 68% of Arctic Gas Company to a nominee of Russia's Yukos for $190 million plus about $30 million of loan repayments, and used the money to call in its $108 million of 11 5/8% senior notes. A leveraged company was turning a Russian asset into a clean balance sheet.
