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SKY PETROLEUM, INC.

US:SKPI
US$0.055Close 6 Oct 2026 · delayed

Past year: ▲ 54900%(0.01c – 5.50c USD)

Market cap
A$6.0m
Shares on issue
76.5m
Story beats
33 since 2005
Last event
17 Feb 2023

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

1 Aug 2006agm notice● Neutral

Sky finally held its annual meeting at the second attempt - the June sitting was adjourned for want of a quorum, and even in July only 40% of the shares voted. Directors including Kinney, Meyer, Jobanputra, Baron, Cockcroft, McCue and Noonan were elected.

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1 Aug 2006securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a securities offering with the SEC.

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25 July 2006securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a securities offering with the SEC.

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29 June 2006securities registration● Neutral

SKY PETROLEUM, INC. registered a securities offering with the SEC.

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20 June 2006securities registration● Neutral

SKY PETROLEUM, INC. filed the final prospectus for a registered offering.

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16 June 2006securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a securities offering with the SEC.

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13 June 2006securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a securities offering with the SEC.

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12 June 2006securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a securities offering with the SEC.

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2 June 2006director officer appointment● NeutralMajor

The original shell-era management left: Daniel Meyer, who had bought control for $7,000 fourteen months earlier, resigned as president, finance chief James Screaton was paid off, and Shafiq Ur Rahman was appointed in his place. The bylaws were also loosened to let a third of shareholders form a quorum, a sign the register was too scattered to muster the usual half.

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24 Apr 2006securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a securities offering with the SEC.

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3 Apr 2006director interest notice● Neutral

Ian R Baron became a SKY PETROLEUM, INC. director and company insider (initial ownership filing).

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13 Mar 2006director interest notice● Neutral

Brent D Kinney became a SKY PETROLEUM, INC. Chief Executive Officer and company insider (initial ownership filing).

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7 Mar 2006director interest notice● Neutral

SKY PETROLEUM, INC. Vice President, Corporate Michael David Noonan bought 10,000 shares on the open market.

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13 Feb 2006securities registration● Neutral

SKY PETROLEUM, INC. registered a securities offering with the SEC.

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22 Dec 2005substantial holder notice● Neutral

Metage Capital Limited disclosed a new substantial SKY PETROLEUM, INC. shareholding (8.80% of votes).

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20 Dec 2005capital raising announcement▲ GoodMajor

Sky issued 16,013,120 unregistered common shares at $1.00 each for gross proceeds of about $16 million, placed mostly with non-U.S. investors with agents paid 10%. The price was above the $0.80 paid in the earlier placement, and Sky promised to file a resale registration statement by February 15, 2006.

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18 Nov 2005securities registration● Neutral

SKY PETROLEUM, INC. filed the final prospectus for a registered offering.

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18 Nov 2005securities registration● Neutral

SKY PETROLEUM, INC. filed the final prospectus for a registered offering.

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15 Nov 2005late filing notice▼ Bad

SKY PETROLEUM, INC. notified the SEC that its quarterly report would be filed late.

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10 Nov 2005director officer appointment● NeutralMajor

Sky ended Donald Cameron's contractor agreement as chief executive effective October 31, 2005, and appointed Brent Kinney, an energy lawyer with long Gulf experience, for three years at $17,500 a month. Sky could terminate him after October 2006 if the two Obligation Wells fell short of expectations and the Sir Abu Nuayr program yielded no commercial assets.

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7 Nov 2005securities registration● Neutral

SKY PETROLEUM, INC. filed the final prospectus for a registered offering.

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7 Nov 2005securities registration● Neutral

SKY PETROLEUM, INC. filed the final prospectus for a registered offering.

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31 Oct 2005securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a small-business securities offering with the SEC.

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13 Oct 2005securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a small-business securities offering with the SEC.

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12 Oct 2005securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a small-business securities offering with the SEC.

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29 Sept 2005capital raising announcement● Neutral

Michael Noonan's appointment as VP corporate was formalised with 600,000 options at $1.29, vesting over three years - the strike price shows how far the stock had run since the $0.50 placement in April.

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29 Sept 2005director interest notice● Neutral

SKY PETROLEUM, INC. Vice President, Corporate Michael David Noonan bought 600,000 shares on the open market at $0.00.

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22 Sept 2005capital raising announcement▲ GoodMajor

An $11 million preferred share placement at $3.60 (convertible into four common shares each) closed with a single offshore investor, who also gets to appoint a director. Combined with the August raise this cleared all of Sky's outstanding debt, ending the demand-loan scramble that had funded the Mubarek payments since June.

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13 Sept 2005securities registration● Neutral

SKY PETROLEUM, INC. amended a filing by which it registered a small-business securities offering with the SEC.

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13 Sept 2005securities registration● Neutral

SKY PETROLEUM, INC. registered a small-business securities offering with the SEC.

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