23 May 2003director interest notice● Neutral
Lynn S Belcher became a Kerr-McGee (Nevada) LLC VP & GM Northern Division and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
22 May 2003director interest notice● Neutral
Lynn S Belcher became a Kerr-McGee (Nevada) LLC VP & GM Northern Division and company insider (initial ownership filing).
21 May 2003director interest notice● Neutral
Jack Saltz became a Kerr-McGee (Nevada) LLC company insider (initial ownership filing).
16 May 2003director interest notice● Neutral
Lynn S Belcher became a Kerr-McGee (Nevada) LLC VP & GM Northern Division and company insider (initial ownership filing).
15 May 2003director interest notice● Neutral
Robert A Belfer became a Kerr-McGee (Nevada) LLC director and company insider (initial ownership filing).
13 May 2003director interest notice● Neutral
Robert A Belfer became a Kerr-McGee (Nevada) LLC director and company insider (initial ownership filing).
12 May 2003director interest notice● Neutral
Carter G Mathies became a Kerr-McGee (Nevada) LLC VP and General Manager - Weste and company insider (initial ownership filing).
12 May 2003director interest notice● Neutral
Robert A Belfer became a Kerr-McGee (Nevada) LLC director and company insider (initial ownership filing).
9 May 2003director interest notice● Neutral
Robert A Belfer became a Kerr-McGee (Nevada) LLC director and company insider (initial ownership filing).
8 May 2003director interest notice● Neutral
Lynn S Belcher became a Kerr-McGee (Nevada) LLC VP & GM Northern Division and company insider (initial ownership filing).
7 Apr 2003substantial holder notice● Neutral
ERI Investments, Inc, Equitable Resources, Inc, Murry S. Gerber, David L. Porges, Equitable Production Company, NORESCO Holdings, Inc, Equitable Resources Foundation, Inc reported a Kerr-McGee (Nevada) LLC shareholding of 13,049,502 shares (19.54% of votes) in a periodic institutional filing.
18 Feb 2003substantial holder notice● Neutral
MEDICOR FOUNDATION disclosed a new substantial Kerr-McGee (Nevada) LLC shareholding (16.10% of votes).
18 Feb 2003substantial holder notice● Neutral
WESTPORT ENERGY LLC, WESTPORT INVESTMENTS LIMITED reported a Kerr-McGee (Nevada) LLC shareholding of 3,238,001 shares (4.80% of votes) in a periodic institutional filing.
12 Feb 2003substantial holder notice● Neutral
Wellington Management Company, LLP disclosed a new substantial Kerr-McGee (Nevada) LLC shareholding (8.23% of votes).
30 Jan 2003securities registration● Neutral
Kerr-McGee (Nevada) LLC filed the final prospectus for a registered offering.
24 Jan 2003business combination● Neutral
Westport filed a registration statement to let holders swap $300 million of 8 1/4% Senior Subordinated Notes due 2011, privately issued on December 17, 2002, for identical registered notes. The notes are guaranteed by subsidiaries, and the company receives no proceeds. These notes are additional debt under the same indenture as the $275 million issued in November 2001, and their issue was part of the funding for the Utah acquisition. This continues the debt thread.
31 Dec 2002securities registration● Neutral
Kerr-McGee (Nevada) LLC registered a securities offering with the SEC using its shelf eligibility.
27 Dec 2002asset acquisition disposition● NeutralMajor
Westport completed the purchase of natural gas properties and gathering and compression assets in Uintah County, Utah, from affiliates of El Paso Corporation on December 17, 2002, for about $510 million. It paid with 11.5 million new common shares sold in a public offering and $300 million of 8.25% Senior Subordinated Notes due 2011 sold privately. This is the second amendment to the 8-K, adding the purchase agreement as an exhibit. It adds to the company's assets and to its debt, and the share issue dilutes existing holders.
12 Dec 2002securities registration● Neutral
Kerr-McGee (Nevada) LLC filed a prospectus supplement for an offering off its existing shelf.
2 Dec 2002securities registration● Neutral
Kerr-McGee (Nevada) LLC filed a prospectus supplement for an offering off its existing shelf.
30 Oct 2002substantial holder notice● Neutral
ROBERT A. BELFER, RENEE E. BELFER, BELFER CORP., ROBERT A. AND RENEE E. BELFER FAMILY FOUNDATION, RENEE HOLDINGS PARTNERSHIP, L.P., A&B INVESTORS, INC., BELWEST PETROLEUM, INC., BELFER TWO CORP, LIZ PARTNERS LP reported a Kerr-McGee (Nevada) LLC shareholding of 5,410,491 shares (10.20% of votes) in a periodic institutional filing.
15 Apr 2002auditor change● Neutral
On April 9, 2002, Westport dismissed Arthur Andersen as its auditor and hired KPMG for the fiscal year ending December 31, 2002. Andersen's reports for 2000 and 2001 were unqualified, apart from an explanatory paragraph about the 2001 change in accounting for derivatives. The filing reports no disagreements with Andersen.
7 Feb 2002securities registration● Neutral
Kerr-McGee (Nevada) LLC filed the final prospectus for a registered offering.
18 Jan 2002business combination● Neutral
Westport filed a registration statement to let holders swap $275 million of 8 1/4% Senior Subordinated Notes due 2011, privately issued on November 5, 2001, for identical notes registered with the SEC. Subsidiaries guarantee the notes, and the company receives no proceeds. This shows a $275 million debt issue made after the merger. The visible text does not say what the money was used for.
29 Nov 2001dividend declaration▲ Good
The company, now named Westport Resources, declared its fourth-quarter 2001 dividend of $0.40625 per share on the 6.5% preferred stock, payable December 17, 2001 to holders of record on December 7. This is the preferred stock that survived the merger. It is a routine dividend notice and the filing says nothing about common stock dividends.
5 Sept 2001substantial holder notice● Neutral
ROBERT A. BELFER, RENEE E. BELFER, BELFER CORP., ROBERT A. AND RENEE E. BELFER FAMILY FOUNDATION, RENEE HOLDINGS PARTNERSHIP, L.P., A&B INVESTORS, INC., BELWEST PETROLEUM, INC. reported a Kerr-McGee (Nevada) LLC shareholding of 3,989,594 shares (7.66% of votes) in a periodic institutional filing.
31 Aug 2001substantial holder notice● Neutral
ERI Investments, Inc., Equitable Resources, Inc., Murry S. Gerber, David L. Porges disclosed a new substantial Kerr-McGee (Nevada) LLC shareholding (65.00% of votes).
31 Aug 2001substantial holder notice● Neutral
LAURENCE D. BELFER, LDB CORP., ROBERT A. BELFER FAMILY TRUST, THE LAURENCE D. BELFER FAMILY FOUNDATION, VANTZ LIMITED PARTNERSHIP reported a Kerr-McGee (Nevada) LLC shareholding of 1,581,315 shares (3.03% of votes) in a periodic institutional filing.
31 Aug 2001substantial holder notice● Neutral
ROBERT A. BELFER, RENEE E. BELFER, BELFER CORP., ROBERT A. AND RENEE E. BELFER FAMILY FOUNDATION, RENEE HOLDINGS PARTNERSHIP, L.P., A&B INVESTORS, INC., BELWEST PETROLEUM, INC. reported a Kerr-McGee (Nevada) LLC shareholding of 3,962,202 shares (7.61% of votes) in a periodic institutional filing.
31 Aug 2001asset acquisition disposition● NeutralMajor
The Westport merger closed on August 21, 2001, after Belco shareholders approved it. Westport was merged into Belco, which survives under the name Westport Resources Corporation ("New Westport"). Belco holders get 0.4125 New Westport share per Belco share and Westport holders get one-for-one; former Westport holders own about 73.9% of the combined company. Belco's 6 1/2% convertible preferred stays outstanding and converts into 0.465795 New Westport share. The press release values the deal at about $866 million, including $523 million of assumed long-term debt, the convertible preferred and a hedge portfolio. This resolves the merger thread open since June 2001. The filing reports about 1.1 Tcfe of combined proved reserves at June 30, 2001 (Belco 637 Bcfe, Westport 445 Bcfe). Donald Wolf is Chairman and CEO and Barth Whitham is President and COO, with Grant Henderson (ex-Belco) joining management and Robert and Laurence Belfer joining the board.