DENVER, Nov. 06, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) announced today the appointment of Brian Gelman as Interim Chief Financial Officer, effective immediately. Stewart P. Skelly, the current Vice President and Chief Financial Officer, has resigned, effective immediately, in order to pursue other opportunities in connection [...]
NEW YORK, Oct. 28, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report third quarter 2015 financial results on Monday, November 9, 2015 by issuing a press release before the market opens and conducting a conference call on that date at 8:30 a.m. Eastern Time. The full text of the release will be available at warrenresources.com [...]
Exchange of $63.1 million of unsecured high yield notes (plus accrued interest) for $40.1 million of second lien debt, providing significant deleveraging Additional second lien loan of $11 million in new money and first lien draw down of an additional $10 million, providing significant additional liquidity NEW YORK, Oct. 22, 2015 (GLOBE NEWSWIRE [...]
NEW YORK, Sept. 30, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (NASDAQ:WRES) today announced that the corporate headquarters will be relocated to its pre-existing Denver, Colorado office effective immediately. In addition, the Company will close its New York City and Roswell, New Mexico offices, with the transition and elimination of affected [...]
NEW YORK, Sept. 29, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (NASDAQ:WRES) today announced that it will present at the IPAA OGIS San Francisco Conference on Tuesday, October 6, 2015 at 11:30 a.m. PDT / 2:30 p.m. EDT at the Palace Hotel in San Francisco, California. Senior management including interim Chief Executive Officer Lance Peterson and [...]
NEW YORK, Sept. 9, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (NASDAQ:WRES) today announced that it will present at the Imperial Capital Global Opportunities Conference on Thursday, September 17 at 9:00 a.m. EDT at the Waldorf Astoria Hotel in New York, NY. Senior management including interim Chief Executive Officer Lance Peterson and Vice [...]
Combined daily production rate from two Upper Marcellus wells is 17 MMcf per day with 3% of flowback load recovered NEW YORK, Aug. 18, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (NASDAQ:WRES) today announced initial results from its well completion operations in the Upper Marcellus formation, located within its acreage block in Wyoming County [...]
NEW YORK, Aug. 12, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today announced that it will present at Enercom The Oil and Gas Conference on Wednesday, August 19, 2015 at 10:55 a.m. MDT (12:55 p.m. EDT). Senior management including interim Chief Executive Officer Lance Peterson and Vice President and Chief Financial Officer Stewart [...]
LOE has been reduced 22% to $1.40 per Mcfe over the past two quarters G&A has been reduced 18% to $0.41 per Mcfe for the same period Achieved record production at the upper end of guidance Liquidity of $45 million at June 30, 2015 Commenced completion operations on first two Upper Marcellus wells NEW YORK, Aug. 4, 2015 (GLOBE NEWSWIRE) -- [...]
NEW YORK, July 27, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) (the "Company") today announced that it has completed its offer to exchange up to $230,410,000 aggregate principal amount of its 9.000% Senior Notes due 2022, which have been registered under the Securities Act of 1933, as amended (the "Exchange Notes"), for up to [...]
NEW YORK, July 23, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today announced that it has extended the expiration date of its registered offer to exchange (the "Exchange Offer") up to $230,410,000 aggregate principal amount of its 9.000% Senior Notes due 2022, which have been registered under the Securities Act of 1933, as amended [...]
NEW YORK, July 21, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report second quarter 2015 financial results on Tuesday, August 4, 2015 by issuing a press release before the market opens and conducting a conference call on that date at 11:00 a.m. Eastern Time. The full text of the release will be available at [...]