4 May 2011substantial holder notice● Neutral
Zazove Associates, LLC disclosed a new substantial TOREADOR RESOURCES CORP shareholding (10.71% of votes).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
27 Apr 2011agm notice● Neutral
TOREADOR RESOURCES CORP 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).
14 Feb 2011substantial holder notice● Neutral
Samana Capital, L.P, Morton Holdings, Inc, Philip B. Korsant reported a TOREADOR RESOURCES CORP shareholding of 2,060,256 shares (7.90% of votes) in a periodic institutional filing.
11 Feb 2011substantial holder notice● Neutral
Palo Alto Investors, LLC, Palo Alto Investors, William Leland Edwards, Anthony Joonkyoo Yun, MD reported a TOREADOR RESOURCES CORP shareholding of 537,900 shares (2.10% of votes) in a periodic institutional filing.
2 Feb 2011production update● NeutralMajor
Toreador and Hess prepared to spud the first wells of a Paris Basin shale-oil "proof of concept" program, targeting the Liassic play in the first half of 2011.
5 Jan 2011substantial holder notice● Neutral
Zazove Associates, LLC disclosed a new substantial TOREADOR RESOURCES CORP shareholding (6.13% of votes).
29 Nov 2010substantial holder notice● Neutral
Samana Capital, L.P, Morton Holdings, Inc, Philip B. Korsant disclosed a new substantial TOREADOR RESOURCES CORP shareholding (5.60% of votes).
12 Nov 2010quarterly activities report▼ Bad
TOREADOR RESOURCES CORP reported a quarterly net loss of $2.9 million for the period ended 2010-09-30.
9 Nov 2010quarterly activities report▼ Bad
TOREADOR RESOURCES CORP reported a quarterly net loss of $2.9 million for the period ended 2010-09-30.
3 Nov 2010auditor change● Neutral
Toreador clarified its auditor change: on May 9, 2010 the board chose not to re-engage Grant Thornton and approved Ernst & Young Audit for 2010, with the engagement letter signed July 30, 2010. The company says the move of headquarters from Dallas to Paris caused inefficiencies and higher audit costs with a US-based auditor. It also repeats Grant Thornton's earlier warning of a material weakness in financial reporting procedures. This is a clarification of the earlier filing.
11 Aug 2010quarterly activities report▼ Bad
TOREADOR RESOURCES CORP reported a quarterly net loss of $2.9 million for the period ended 2010-09-30.
9 Aug 2010quarterly activities report▼ Bad
TOREADOR RESOURCES CORP reported a quarterly net loss of $2.9 million for the period ended 2010-09-30.
13 May 2010auditor change● Neutral
Toreador replaced Grant Thornton with Ernst & Young as auditor, citing its relocation from Dallas to Paris.
13 May 2010material agreement▲ Good
This amendment only corrects certain figures in the unaudited pro forma financial statements for the May 10, 2010 Hess deal. In that deal Hess may become a 50% holder of Toreador's Paris Basin permit interests, paying $15 million upfront, up to $120 million for a two-phase work program, and Toreador may receive up to $130 million of success fees. The pro forma data show a $14.3 million gain on the sale and $15 million of expected cash, but the filing does not list which figures changed.
11 May 2010quarterly activities report● Neutral
TOREADOR RESOURCES CORP reported a quarterly net income of $6.3 million for the period ended 2010-06-30.
10 May 2010asset acquisition disposition▲ GoodMajor
Toreador struck a major deal with Hess Corporation: Hess would pay $15 million upfront and could invest up to $120 million for a 50% stake in Toreador's Paris Basin shale-oil permits, with up to $130 million of success fees to Toreador - its next big bet after Turkey.
10 May 2010quarterly activities report● Neutral
TOREADOR RESOURCES CORP reported a quarterly net income of $6.3 million for the period ended 2010-06-30.
13 Apr 2010substantial holder notice● Neutral
Palo Alto Investors, LLC, Palo Alto Investors, William Leland Edwards, Anthony Joonkyoo Yun, MD disclosed a new substantial TOREADOR RESOURCES CORP shareholding (7.60% of votes).
13 Apr 2010substantial holder notice● Neutral
Palo Alto Investors, LLC, Palo Alto Investors, William Leland Edwards, Anthony Joonkyoo Yun, MD reported a TOREADOR RESOURCES CORP shareholding of 1,906,800 shares (7.60% of votes) in a periodic institutional filing.
2 Mar 2010substantial holder notice● Neutral
Zazove Associates, LLC disclosed a new substantial TOREADOR RESOURCES CORP shareholding (12.63% of votes).
12 Feb 2010substantial holder notice● Neutral
THE GOLDMAN SACHS GROUP, INC., GOLDMAN, SACHS & CO. reported a TOREADOR RESOURCES CORP shareholding of 49,675 shares (2.00% of votes) in a periodic institutional filing.
11 Feb 2010material agreement▲ GoodMajor
Toreador sold 3.45 million shares at $8.50 (3 million plus the full 450,000-share over-allotment) through RBC Capital Markets and Thomas Weisel Partners. Proceeds were intended for any October 2010 repurchase of its 5.00% convertible notes and general corporate purposes.
9 Feb 2010securities registration● Neutral
TOREADOR RESOURCES CORP filed a free-writing prospectus - marketing material for an offering in progress.
9 Feb 2010securities registration● Neutral
TOREADOR RESOURCES CORP filed a prospectus supplement for an offering off its existing shelf.
8 Feb 2010securities registration● Neutral
TOREADOR RESOURCES CORP filed the final prospectus for a registered offering.
3 Feb 2010capital raising announcement▼ BadMajor
Toreador exchanged $22.2 million of its 5.00% convertible notes plus $9.4 million of new cash from an institutional investor for $31.6 million of new 8.00%/7.00% convertible notes due 2025. The deal cut the notes that could be put back in October 2010 and pushed put and call dates out to 2013.
16 Dec 2009securities registration● Neutral
TOREADOR RESOURCES CORP amended a filing by which it registered a securities offering with the SEC using its shelf eligibility.
12 Nov 2009securities registration● Neutral
TOREADOR RESOURCES CORP registered a securities offering with the SEC using its shelf eligibility.
26 Oct 2009substantial holder notice● Neutral
MatlinPatterson Distressed Opportunities Master Account L.P, MatlinPatterson Capital Management L.P, MatlinPatterson Capital Management GP LLC, David J. Matlin, Mark R. Patterson reported a TOREADOR RESOURCES CORP shareholding of 1,036,561 shares (4.80% of votes) in a periodic institutional filing.
9 Oct 2009asset acquisition disposition▲ GoodMajor
The sale of Toreador Turkey Ltd to Tiway Oil closed for $10.6 million cash plus up to $40 million of future success payments, booking a $21.2 million gain and ending Toreador's Turkey chapter - the country where its whole growth story had played out.