Emerald Oil Inc.

Emerald Oil today announced that the Company has entered into a stalking horse asset purchase agreement with a buyer formed and owned by CL Energy Opportunity Fund, L.P. and SSC Emerald LP, affiliates of Crestline Management, L.P. and Sole Source Capital LLC, respectively, to sell substantially all of the Company's assets. Under the terms of the [...]

Emerald Oil announced today that the Company received notice from the NYSE MKT Exchange that the NYSE MKT has determined to commence proceedings to delist the common stock of the Company - ticker symbol EOX - from the NYSE MKT.  Trading in the Company's common stock was suspended at the market opening on March 23, 2016. NYSE MKT has indicated that [...]

DENVER, CO--(Marketwired - March 23, 2016) - Emerald Oil Inc. (the "Company" or "Emerald")  (NYSE MKT: EOX)  announced today that the Company and its subsidiaries filed voluntary Chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware (the "Bankruptcy Court"), initiating a process  intended to preserve value and [...]

DENVER, CO--(Marketwired - February 01, 2016) - Emerald Oil Inc. (the "Company")  (NYSE MKT: EOX)  today announced that it is continuing to negotiate with the lending group associated with its revolving credit facility to cure the outstanding borrowing base deficiency.  On January 14, 2016, the Company made a presentation to the lending group [...]

DENVER, CO--(Marketwired - January 12, 2016) - On January 11, 2016, Emerald Oil Inc. (the "Company") (NYSE MKT: EOX) and two of its wholly owned subsidiaries closed the sale of a portion of the Company's undeveloped leaseholds in Montana and North Dakota, consisting of approximately 9,750 net acres, as well as certain production from non-operated [...]

DENVER, CO--(Marketwired - December 24, 2015) - On December 18, 2015, Emerald Oil Inc. (the "Company") (NYSE MKT: EOX) and two of its wholly owned subsidiaries entered into a purchase and sale agreement with Angelus Private Equity Group ("Angelus") pursuant to which Angelus will acquire a portion of the Company's undeveloped leaseholds in Montana [...]

DENVER, CO--(Marketwired - October 27, 2015) - Emerald Oil Inc. ("Emerald" or the "Company") (NYSE MKT: EOX) plans to announce its third quarter 2015 financial and operational results on Wednesday, November 4, 2015 after the close of trading on the NYSE MKT. The Company will host a conference call on Thursday, November 5, 2015 at 9:30 a.m. Eastern [...]

DENVER, CO--(Marketwired - October 12, 2015) - Emerald Oil Inc. (NYSE MKT: EOX) ("Emerald" or the "Company") today announced that, effective as of October 6, 2015, the borrowing base under its revolving credit facility has been decreased from $200 million to $120 million as part of the Company's regularly scheduled semi-annual redetermination by [...]

DENVER, CO--(Marketwired - October 02, 2015) - Emerald Oil, Inc. (NYSE MKT: EOX) ("Emerald" or the "Company") today announced that it has closed the previously announced transaction with Koch Exploration Company, LLC for total consideration of approximately $17.4 million, including normal and customary closing adjustments. Koch Exploration also [...]

DENVER, CO--(Marketwired - August 04, 2015) - Emerald Oil Inc. (NYSE MKT: EOX) ("Emerald" or the "Company") today announced financial and operational results for the quarter ended June 30, 2015, 2015 guidance increase, and Revolving Credit Facility ("Credit Facility") and Senior Secured Second Lien Term Loan Facility ("Term Loan Facility") updates [...]