NEW YORK, Jan. 16, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) is pleased to announce that Robert Ferer has joined Warren Resources as a Corporate Development and Investor Relations Associate. Mr. Ferer has over four years of experience in financial analysis and the equity capital markets as an equity research associate. Mr. Ferer [...]
NEW YORK, Jan. 10, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) is pleased to announce that Jeffrey R. Keeler has joined the management team at Warren Resources as Vice President, Project Development. Mr. Keeler has held a number of positions throughout the energy sector. He served as Managing Director, Mergers and Acquisitions for [...]
NEW YORK, Jan. 9, 2014 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today announced that on Tuesday, January 14, 2014, Mr. Philip Epstein, the Company's Chairman and Chief Executive Officer, and Mr. Stewart Skelly, Vice President & CFO, will present at the BMO Capital Markets 11th Annual Unconventional Resource Conference at the Crowne [...]
NEW YORK, Dec. 17, 2013 (GLOBE NEWSWIRE) -- Warren Resources Inc. announced that that the syndicate of lenders underwriting the Company's $300 million senior secured credit facility ("Credit Facility") has increased the conforming borrowing base to $165 million as a result of completing the fall 2013 semi-annual redetermination. As of December 17 [...]
Record Oil and Gas Revenue Increases 11% to $34.7 Million Oil and Gas Production Increases 12% to 552,000 BOE Net Earnings Increase to $14.7 Million, or $0.20 per Diluted Share Cash Flow from Operations Increases 26% to $25.7 Million NEW YORK, November 6, 2013 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today reported its third [...]
NEW YORK, Oct. 29, 2013 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report third quarter 2013 financial results on Wednesday, November 6, 2013 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. 7, 2013 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today reported its second quarter 2013 financial and operating results. Warren reported net income of $9.2 million, or $0.13 per basic and diluted share (including a gain on derivative financial instruments of $3.3 million), compared to net income of $5.3 million, or [...]
NEW YORK, Aug. 5, 2013 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) announced today that it entered into a definitive Purchase, Sale and Exploration Agreement to acquire an undivided 62.5% working interest in the Leroy Pine Project area consisting of various oil and gas leases covering approximately 1,610 acres of land. The Leroy Pine [...]
NEW YORK, July 24, 2013 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) will report second quarter 2013 financial results on Wednesday, August 7, 2013 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, July 8, 2013 (GLOBE NEWSWIRE) -- Warren Resources Inc. (Nasdaq:WRES) today announced the promotion of Timothy A. Larkin to Executive Vice President-Mergers and Acquisitions and Stewart P. Skelly to Vice President and Chief Financial Officer. Mr. Larkin has served as Warren's Chief Financial Officer since 1995 and was appointed as an [...]
Warren Resources announced today that due to current market conditions, the company has decided to postpone its planned private placement offering of $200 million in senior notes, which it had previously announced on May 30, 2013. "The conditions in the debt capital markets have led us to conclude that we should delay our offering of senior notes [...]
Warren Resources announced today that it intends to commence a private offering to eligible purchasers of $200 million aggregate principal amount of Senior Notes due 2021, subject to market and other conditions. The Issuer intends to use the net proceeds from the offering to repay borrowings under its credit facility, for capital expenditures and [...]
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