NEW YORK, Aug. 6, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) ("Warren" or the "Issuer") announced today that it has priced a 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 offering is [...]
NEW YORK, July 31, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report second quarter 2014 financial results on Monday, August 11, 2014 by issuing a press release before the market opens and conducting a conference call on that date at 9:00 a.m. Eastern Time. The full text of the release will be available at warrenresources.com [...]
NEW YORK, July 24, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) ("Warren" or the "Issuer") announced today that it intends to commence a private offering to eligible purchasers of $300 million aggregate principal amount of Senior Notes due 2022 (the "Notes"). The Issuer intends to use the net proceeds from the offering to fund a [...]
NEW YORK, July 7, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. ("Warren" or the "Company") (Nasdaq:WRES) today announced that it has executed a purchase and sale agreement to acquire essentially all of the Marcellus assets of Citrus Energy Corporation ("Citrus") and two additional working interest owners for $352.5 million. As part of the total [...]
NEW YORK, June 9, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) announced that the syndicate of lenders underwriting the Company's $300 million senior secured credit facility ("Credit Facility") has increased the conforming borrowing base to $175 million as a result of completing the spring 2014 semi-annual redetermination. In [...]
Total Revenue Increases 11% to $34.2 Million Net income Increases 190% to $8.2 Million, or $0.11 per Diluted Share Oil Production Increases 8% to 276,000 barrels Gas Production Increases 4% to 1.6 Bcf EBITDA* Increases 27% to $19.3 Million NEW YORK, May 7, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today reported its first [...]
NEW YORK, April 25, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report first quarter 2014 financial results on Wednesday, May 7, 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 warrenresources.com [...]
NEW YORK, April 1, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) announced today that its Chairman & Chief Executive Officer, Mr. Philip A. Epstein, and its Vice President & Chief Financial Officer, Mr. Stewart Skelly are scheduled to present at the Oil & Gas Investment Symposium, hosted by the Independent Petroleum Association of [...]
NEW YORK, March 6, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. ("Warren" or the "Company") (Nasdaq:WRES) today announced its 2013 production, 2013 estimated proved oil and gas reserves, and 2014 capital budget. 2013 Production Warren's full year 2013 net oil and gas production was 2,143,000 barrels of oil equivalent ("BOE"), or an average of [...]
Record FY13 Revenue Increases 6% to $128.8 Million Record Annual Oil and Gas Production Increases 6% to 2.1 MMBOE Record FY13 Net Income Increases to $30.4 Million, or $0.42 per Diluted Share Record FY13 Cash Flow from Operations Increases 19% to $79.4 Million Record FY13 EBITDA1 Increases 19% to $78.2 Million NEW YORK, March 6, 2014 (GLOBE [...]
NEW YORK, Feb. 20, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report fourth quarter and full-year 2013 financial results on Thursday, March 6, 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, Feb. 18, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) is pleased to announce that Saema Somalya has joined the management team at Warren Resources as Senior Vice President, General Counsel and Corporate Secretary. Ms. Somalya is an experienced corporate and securities attorney with a focus on public company management [...]