Paragon Offshore Plc

HOUSTON, Feb. 15, 2016 /PRNewswire/ -- Paragon Offshore plc ("Paragon" or the "company") (OTC: PGNPF) today announced that the company and certain of its subsidiaries have elected to commence proceedings under Chapter 11 of the United States Bankruptcy Code ("Chapter 11") in the United States Bankruptcy Court in the District of Delaware.  As [...]

HOUSTON, Jan. 18, 2016 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (OTC: PGNPF) announced today that it issued a report on drilling rig status and contract information as of January 18, 2016.  The report, titled "Fleet Status Report," can be found on the Company's website at www.paragonoffshore.com, under the "Our Fleet" section of the [...]

HOUSTON, Jan. 15, 2016 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (OTC: PGNPF) today announced that it has elected to defer an interest payment of approximately $15.4 million due today on its 6.75% senior unsecured notes maturing July 2022 (the "2022 Notes"). Under the terms of the indenture governing the 2022 Notes, the company has a 30-day [...]

HOUSTON, Dec. 18, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) today announced that it received notification from The New York Stock Exchange (the "NYSE") notifying Paragon that the NYSE had suspended trading in Paragon's shares effective immediately.  The NYSE determined that Paragon's ordinary shares were no longer suitable [...]

HOUSTON, Dec. 14, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it issued a report on drilling rig status and contract information as of December 14, 2015.  The report, titled "Fleet Status Report," can be found on the Company's website at www.paragonoffshore.com, under the "Our Fleet" section of the [...]

HOUSTON, Dec. 8, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) today announced that it received a letter from The New York Stock Exchange (the "NYSE") notifying Paragon that it had fallen below the NYSE's continued listing standard that requires listed companies to have a minimum average market capitalization greater than $50 [...]

HOUSTON, Dec. 7, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that Lee M. Ahlstrom, Senior Vice President – Investor Relations, Strategy and Planning of Paragon, will present at the Capital One Securities 10th Annual Energy Conference in New Orleans, Louisiana beginning at 1:00 p.m. U.S. Central Time on [...]

HOUSTON, Nov. 23, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that Randall D. Stilley, President and Chief Executive Officer of Paragon will present at the Cowen and Company 5th Annual Ultimate Energy Conference in New York, New York beginning at 2:25 p.m. U.S. Eastern Time on Wednesday, December 2, 2015. A [...]

-- Adjusted EBITDA of $140.3 million net of impairments and tax benefit; revenues of $369.0 million -- Non-cash impairment charge of $1.15 billion -- Expect full-year 2015 contract drilling services costs to decrease by 13% and G&A to decrease by 14% year-on-year -- $733.0 million cash balance -- Contract backlog at September 30, 2015 of $1.29 [...]

HOUSTON, Oct. 19, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it plans to report financial results for the third quarter 2015 on Monday, November 9, 2015, before the open of trading on the New York Stock Exchange.  Copies of Paragon's earnings release will be available on its website at [...]