8 Feb 2007director interest notice● Neutral
TOREADOR RESOURCES CORP director David M Brewer sold 40,000 shares.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
1 Feb 2007director interest notice● Neutral
TOREADOR RESOURCES CORP Senior Vice President Douglas W Weir sold 25,000 shares at $27.33.
31 Jan 2007director interest notice● Neutral
TOREADOR RESOURCES CORP director David M Brewer sold 40,000 shares.
29 Jan 2007director interest notice● Neutral
TOREADOR RESOURCES CORP Vice President, Accounting Charles J Campise received 2,695 shares as part of the equity award.
29 Jan 2007director interest notice● Neutral
TOREADOR RESOURCES CORP Sr. VP, Exploration & Developm Michael J Fitzgerald received 7,800 shares as part of the equity award.
29 Jan 2007director interest notice● Neutral
TOREADOR RESOURCES CORP Senior Vice President Douglas W Weir received 8,100 shares as part of the equity award.
29 Jan 2007director interest notice● Neutral
TOREADOR RESOURCES CORP President G Thomas III Graves received 20,900 shares as part of the equity award.
17 Jan 2007substantial holder notice● Neutral
William Blair & Company, L.L.C reported no remaining TOREADOR RESOURCES CORP shareholding in its periodic institutional filing.
4 Jan 2007security holder rights change▲ GoodMajor
Toreador and its Turkey, Romania, France and Hungary subsidiaries entered a major new loan facility with the International Finance Corporation (World Bank Group), diversifying its lender base beyond its French and US bank facilities.
29 Dec 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Peter Lawrence Et Al Falb gifted 2,000 shares.
27 Dec 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Peter Lawrence Et Al Falb gifted 2,000 shares.
22 Dec 2006debt financing● Neutral
Toreador drew $5.55 million under its Texas Capital Bank credit facility for general corporate purposes.
21 Dec 2006debt financing▲ GoodMajor
Toreador disclosed that the delayed third-quarter 10-Q put it in covenant default under its 5.00% convertible notes indenture, after the trustee sent notice on December 15, 2006. The default becomes an Event of Default only if not cured by January 14, 2007, and Texas Capital Bank and Natixis orally waived their related defaults.
11 Dec 2006debt financing● Neutral
Toreador drew $8 million under its Natexis revolving facility to fund Turkey and Hungary operations.
11 Dec 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Peter Lawrence Et Al Falb gifted 10,000 shares.
6 Dec 2006substantial holder notice● Neutral
Scott Bedford disclosed a new substantial TOREADOR RESOURCES CORP shareholding (5.01% of votes).
1 Dec 2006listing compliance notice▼ BadMajor
Toreador pushed back the filing of its restated financials to January 11, 2007 - the same date set for its Nasdaq delisting hearing.
22 Nov 2006financial restatement▼ BadMajor
The restatement widened further still, now also covering fiscal 2003 and 2004 financial statements.
20 Nov 2006listing compliance notice▼ BadMajor
Nasdaq issued a deficiency letter over Toreador's late third-quarter 10-Q, driven by the ongoing restatement; the company requested a hearing to avoid delisting.
13 Nov 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Lovett Nigel received 750 shares as part of the equity award.
13 Nov 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Herbert C III Williamson received 750 shares as part of the equity award.
13 Nov 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Rostow Nicholas received 750 shares as part of the equity award.
2 Oct 2006financial restatement▼ BadMajor
The 2006 restatement widened and slipped: the September 8, 2006 filing covers the audited 2005 year and the March and June 2006 quarters. Because the company recently engaged its current auditor to re-audit its statements, the corrected filings are delayed to about December 1, 2006, a later date than the August 25 target in the earlier update.
21 Sept 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director H R Jr. Sanders bought 2,000 shares on the open market at $18.15.
15 Sept 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Peter Lawrence Et Al Falb sold 7,000 shares at $19.76.
8 Sept 2006financial restatement▼ BadMajor
The restatement widened to cover all of fiscal 2005 plus the first two quarters of 2006, including reclassifying Black Sea drilling costs - a deepening accounting problem.
30 Aug 2006substantial holder notice● Neutral
Peter Lawrence Falb, Edward Nathan Dane, Dane, Falb, Stone & Co., Inc, Firethorn I, LP disclosed a new substantial TOREADOR RESOURCES CORP shareholding (4.60% of votes).
16 Aug 2006financial restatement▼ BadMajor
Toreador updated shareholders on its restatement of the quarter ended March 31, 2006, first announced August 8, 2006. The company is still preparing the restated statements and amended 10-Q, which need its auditor's review, and expects to file by August 25, 2006. This starts the restatement episode that later widened.
11 Aug 2006director interest notice● Neutral
TOREADOR RESOURCES CORP director Alan D Bell received 3,000 shares as part of the equity award.
11 Aug 2006director interest notice● Neutral
Alan D Bell became a TOREADOR RESOURCES CORP director and company insider (initial ownership filing).