NEW YORK, Feb. 27, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report fourth quarter and full year 2014 financial results on Wednesday, March 11, 2015 by issuing a press release before the market opens and conducting a conference call on that date at 10:00 a.m. Eastern Time. The full text of the release will be available at [...]
Production increased 77% year-over-year in 2014 2015 Capital Budget reduced to approximately $21 million NEW YORK, Jan. 26, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today announced expected total production volumes for the full year 2014 and updated its capital budget and production guidance for the full year 2015. While [...]
NEW YORK, Jan. 6, 2015 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) announced today that the Company will participate in the following upcoming events: Monday, January 12th - Stewart Skelly, Vice President and CFO, will present at the Sidoti & Company's Emerging Growth Institutional Investor Forum in New York at 2:50 pm ET. Tuesday [...]
Production increasing 96% at midpoint to approximately 42 Bcfe Capital Expenditures decreasing to approximately $80 million NEW YORK, Dec. 10, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today announced its preliminary capital budget and production guidance for the full year 2015. Warren is projecting approximately $80 million [...]
NEW YORK, Dec. 9, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) announced today that Stewart Skelly, Vice President and CFO, will present at the Capital One Securities 2014 Energy Conference in New Orleans on Thursday, December 11th at 4:40 pm ET. A copy of the presentation slides will be posted to the Investor Relations section of [...]
NEW YORK, Dec. 5, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. ("Warren" or the "Company") (Nasdaq:WRES) today announced that, effective immediately, the Board of Directors has appointed Warren Resources Board member, Lance Peterson, as Interim Chief Executive Officer and elected Warren Resources Board member, Dominick D'Alleva, as Interim [...]
NEW YORK, Dec. 2, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) announced today that the syndicate of lenders underwriting the Company's $750 million senior secured credit facility ("Credit Facility") has reaffirmed the borrowing base at $225 million as a result of completing the fall 2014 semi-annual redetermination. As of November [...]
Total Revenue Increases 17% to $40.5 Million Production Increases 116% to approximately 7.1 Bcfe Lease Operating Expense and Taxes per Mcfe Declines 33% NEW YORK, Nov. 4, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today reported its third quarter 2014 financial and operating results. Warren reported net income of $3.7 million [...]
NEW YORK, Oct. 21, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report third quarter 2014 financial results on Tuesday, November 4, 2014 by issuing a press release before the market opens and conducting a conference call on that date at 10:00 a.m. Eastern Time. The full text of the release will be available at [...]
NEW YORK, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) ("Warren" or the "Issuer") announced today that it has closed on its previously announced acquisition of the Marcellus assets of Citrus Energy Corporation and two additional working interest owners for $352.5 million. The purchase price consisted of $40 million in [...]
NEW YORK, Aug. 11, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) ("Warren" or the "Issuer") announced today that it has closed on its private offering of $300 million aggregate principal amount of its 9.000% Senior Notes due 2022 (the "Notes") at an issue price of 98.617% of the aggregate principal amount of the Notes. The net [...]
Announced $352.5 Million Marcellus Acquisition Total Revenue Increases 14% to $35.0 Million Net income Increases 17% to $10.8 Million, or $0.15 per Diluted Share Oil Production Increases 8% to approximately 281,000 barrels Gas Production Increases 2% to approximately 1.63 Bcf EBITDA* Increases 1% to $21.9 Million NEW YORK, Aug. 11, 2014 [...]
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