Emerald Oil announced today it has signed a definitive agreement with affiliates of White Deer Energy, an energy private equity firm, to issue and sell a number of the Company's shares of common stock that, inclusive of the warrants held by White Deer, equals 19.9% of the Company's common stock outstanding immediately after the closing of the [...]
Emerald Oil announced today it intends to commence an underwritten public offering of 15,000,000 shares of the Company's common stock. The Company intends to use the net proceeds from this offering to accelerate development and growth plans, finance in whole or in part, the cost of leasing and acquisitions and finance capital expenditures and/or [...]
Emerald Oil today announced that it has sold substantially all of its non-operated Williston Basin acreage in two transactions for approximately $113 million. Based on encouraging results from its recently drilled operated wells, the Company simultaneously increased third quarter and 2013 exit rate production guidance on its remaining properties.
Emerald Oil, today announced its results for the quarter ended June 30, 2013. Emerald plans to file its quarterly report on Form 10-Q with the U.S. Securities and Exchange Commission no later than Wednesday, August 7, 2013.
Emerald Oil plans to announce its second quarter 2013 financial and operational results on Tuesday, August 6, 2013 after the close of trading on the NYSE MKT. The Company will host a conference call on Wednesday, August 7, 2013 at 10:00 a.m. Eastern Time (8:00 a.m. Mountain Time) to discuss financial and operational results for the quarter.
Emerald Oil today announced its results for recently completed operated wells and an update on well development. Emerald's second operated Bakken well (Arsenal 1-17-20H) produced 22,558 barrels of oil equivalent (BOE) during the first 30 days of production or an average of 761 barrels of equivalent per day (BOEPD) with an initial peak 24 hour rate [...]
Emerald Oil announced today that it has completed the sale of 2,785,600 shares of its common stock to affiliates of White Deer Energy, an energy private equity firm, for approximately $16.2 million after deducting placement agent fees. The Company plans to use the net proceeds from the private placement, along with cash on hand, proceeds from its [...]
Emerald Oil announced today that it has completed the sale of 12,000,000 shares of its common stock and that the underwriters have exercised their over-allotment option of an additional 1,800,000 shares of the Company's common stock in full. All shares of common stock were sold to the public at an offering price of $6.10 per share. The resulting [...]
Emerald Oil announced today that it has priced an underwritten public offering of 12,000,000 shares of the Company's common stock at $6.10 per share. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,800,000 shares of common stock. The Company intends to use the net proceeds from this offering, along with [...]
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