|
Date |
Company |
$000's |
Type |
| Mar-04 |
Delta Petroleum |
$32,000 |
Private placement of public company stock. |
| Mar-04 |
Mariner Energy Inc. |
$271,000 |
Leveraged management buyout. |
| Jan-04 |
Stroud Investments 2001, Ltd. |
$27,000 |
Redeemable preferred equity with common. |
| Jan-04 |
Galaxy Energy Corp. |
$11,900 |
private placement of common and warrants for public company. |
| Dec-03 |
Parallel Petroleum |
$13,000 |
4 million shares of common at $3.25 each. |
| Dec-03 |
Contango Oil & Gas Company |
$8,000 |
Private placement of preferred stock in a public company. |
| Dec-03 |
Quest Resources |
$51,000 |
Private equity for Cherokee Basin CBM acquisition and refinancing of existing reserves. |
| Oct-03 |
DGL Acquisition Corp |
$55,000 |
Private equity for the start-up acquisition company, to close purchase of U.S. Exploration Inc. |
| Oct-03 |
Angus Energy Corp. |
$3,000 |
Private equity for Barnett Shale acquisition. |
| Sep-03 |
Triana Energy Holdings |
$330,000 |
Private company Triana purchases Columbia Energy Appalachian assets. |
| Aug-03 |
The Exploration Company |
$16,000 |
Redeemable preferred with 8% coupon. Also received about 2.3 million shares of common stock as a grant. Company has right to repurchase 1/2 of the common for $6 per share. |
| Aug-03 |
Pine Mountain Oil & Gas |
$23,000 |
Private Equity. |
| Aug-03 |
The Exploration Company |
$16,000 |
Redeemable preferred with 8% coupon. Also received about 2.3 million shares of common stock as a grant. Company has right to repurchase 1/2 of the common for $6 per share. |
| Jun-03 |
Pinnacle Gas Resources |
$30,000 |
Private equity for CBM acquisitions in Rocky Mtn region. |
| Jun-03 |
Denali Oil & Gas |
$50,000 |
Private equity for start up. |
| May-03 |
Peak Energy Resources, Inc. |
$55,000 |
Private equity for start up focused on Rockies tight gas and CBM. |
| May-03 |
ATP Oil & Gas Corporation |
$11,800 |
Private placement of 4 million common shares. |
| May-03 |
EXCO Resources Inc. |
$136,500 |
Private equity to take company private; management buyout. |
| Apr.-03 |
Linn Energy LLC |
$15,000 |
Private Equity for Appalacian Basin acquisition and exploitation. |
| Feb.-03 |
Antero Resources Corp. |
$260,000 |
Private equity placement for acquisitions in Mid-continent and Rocky mountains. |
| Jan.-03 |
BPK Resources Inc. |
$1,300 |
Private equity to support acquisition and development |
| Jan.-03 |
Gasco Energy Inc. |
$4,000 |
10,927 shares of convertible preferred at $440 each. |
| Dec.-02 |
Lightning Gas, LLC |
$100,000 |
Equity to support investment in CBM projects using patented horizontal drilling technology. |
| Dec.-02 |
Latigo Petroleum |
$300,000 |
Equity |
| Nov.-02 |
Brigham Exploration |
$20,000 |
Preferred Shares. |
| Nov.-02 |
Westport Resources Corp. |
$50,000 |
3.125 million common shares to qualified institutional buyers. |
| Sep.-02 |
Quintana Minerals |
$13,000 |
Subordinated debt with Warrants |
| Sep.-02 |
Canaan |
$18,000 |
Private placement of equity. |
| Aug.-02 |
Ascent Energy Inc. |
$20,000 |
Private equity placement. |
| Aug.-02 |
Gasco Energy Inc. |
$6,500 |
Common shares. |
| Aug.-02 |
Powder River Basin Gas Corp. |
$600 |
Private placement of equity. |
| Aug.-02 |
Teton Petroleum Co. |
$4,400 |
Private placement of 10% convertible notes with warrants. |
| Aug.-02 |
McMoran |
$33,500 |
1.4 mm shares of 5% conv preferred. |
| Aug.-02 |
Arena Resources, Inc. |
$3,000 |
Privately placed 1.89 million shares of 10% cumulative preferred stock at $1.75 each to fund development and acquisitions. |
| Aug.-02 |
McMoran |
$33,500 |
1.4 mm shares of 5% conv preferred. |
| Jul - 02 |
Stafford Energy Inc. |
$10,000 |
Private equity to finance acquisition of Canadian asset. |
| May - 02 |
Craton Energy Corp. |
$15,000 |
Equity commitment for acquisitions in N. LA and E. TX. |
| May - 02 |
Medicine Bow Energy |
$50,000 |
Common Stock for start-up headed by Mitch Solich. |
| May - 02 |
Pyr Energy Corporation |
$6,000 |
Convertible Notes due 2009. Coupon of 4.99% and are convertible into 4,615,385 shares of stock. |
| May - 02 |
Kestrel Energy Inc. |
$1,002 |
Privately placed 1.46 million units at $0.70 each. Each consists of 1 share of common stock and one warrant to purchase an additional share for $1.25 in this public company. |
| May - 02 |
Rockford Energy Partners LLC |
$15,000 |
Rockford will primarily focus on acquiring operated long-life gas reserves in the Midcontinent in $5- to $50-million deals. |
| May - 02 |
Aurora Gas LLC |
$5,000 |
$25 mm line of equity available for acquisition and development of Alaskan gas. |
| May - 02 |
The Meridian Resource Corp. |
$67,000 |
Series C Redeemable Convertible Preferred Stock, used to de-lever and accelerate growth. 8.5% dividend, 7-year maturity, and a conversion price of $4.74 (36% premium). Company can force 1/3 of the shares to convert annually if the stock price exceeds the conversion price by 1.50% for 30 out of 40 consecutive days. |
| Apr. - 02 |
The Exploration Co. |
$15,000 |
2.5 million restricted common shares for $6.00 each. Company agreed to file registration statement within 30 days. |
| Mar. - 02 |
White Oaks Holdings Corp. |
$10,000 |
Start-up equity to fund a $20mm acquisition in TX GC. |
| Mar. - 02 |
Bill Barrett Corp. |
$107,500 |
$107.5 mm funded, and additional $175mm committed for this start-up, which focuses on finding and developing natural gas in the Rockies. Initial acquisition of $73mm in Wind River Basin. |
| Mar. - 02 |
Ovation |
|
Start-up acquisition/exploitation company focused on East Texas and Mid-Continent. |
| Mar. - 02 |
Quicksilver Resources, Inc. |
$9,900 |
Sale of common stock warrants. |
| Mar. - 02 |
Gryphon |
$5,000 |
Follow-on funding from previously closed deal. |
| Mar. - 02 |
Greystone |
$62,000 |
Equity to purchase the Sligo field from Devon for $125mm. Company formed for transaction. |
| Feb. - 02 |
Carrizo Oil & Gas |
$6,000 |
Convertible participating series B participating preferred and warrants. Stock converts at $5.70 per share, warrants enable holder to purchase common for $5.94 per share. Stock pays 8% cash or 10% PIK dividend. |
| Feb. - 02 |
Tri-C Resources |
$15,000 |
Common Equity. |
| Oct. - 01 |
EnSight Energy Partners, LP |
$12,000 |
Common equity for this acquisition/exploitation company focused on the Ark-La-Tex region. |
| Oct. - 01 |
Tri-Valley Corp |
$15,000 |
A private equity line for the purchase of common stock , to be used for inventory of California petroleum leads and prospects. |
| Sep. - 01 |
Legend Natural Gas |
$100,000 |
Equity for start-up. Former management of Noth Central. |
| Jul. - 01 |
Wapiti Energy, LLC |
|
Equity investment along side of a VPP. |
| Jul. - 01 |
Merlon Petroleum Company |
$20,000 |
Common equity. |
| Jul. - 01 |
Chroma Energy |
$18,000 |
Common equity for technology-based exploration prospect generation shop. |
| Jul. - 01 |
Tarpon Operating |
$10,000 |
Partnership equity for Gulf of Mexico development drilling. |
| Jul. - 01 |
Rising Star Holdings Corp. |
$25,000 |
Equity commitment for TX and Mid-Con acquisitions. |
| Jul. - 01 |
Meritage |
$15,000 |
Common equity in LLC, focused on Rocky mountains. |
| Jul. - 01 |
Beta Oil & Gas |
$5,500 |
Sale of 604,263 8% Convertible Preferred shares and 302,132 Common Stock purchase warrants. Warrants have a strike price of $9.25. |
| Jun. - 01 |
Infinity Inc. |
$6,475 |
Convertible subordianted debt to finance pilot stage CBM projects. Convertible at $10/share. |
| Jun. - 01 |
Carneros Energy, Inc. |
$11,000 |
|
| Jun. - 01 |
Preston Exploration |
$10,000 |
Common equity in start-up exploration company focused in the Gulf Coast. |
| Jun. - 01 |
Wiser Oil Co. |
$10,000 |
Sale of 400,000 shares of 7% cumulative convertible preferred stock, convertible into 2,352,918 common shares at $4.25. Also issued warrants for 296,686 shares of common stock at $4.25, not exerciseable for 2 years, and expire in 7 years. |
| May - 01 |
Gryphon/Cheniere Energy |
$10,000 |
Private preferred equity placement for exploration drilling in GOM. |
| Apr. - 01 |
Aspen Group |
$1,800 |
Priavte placement of 1.2 million special warrants at $1.50 each. Each warrant is exchangeable for one common share and a half purchase warrant exercisable at $1.80 for two years. |
| Mar. - 01 |
Trans Energy |
$10,000 |
$10 million 'line of credit', whereby the company will sell common equity to the investor over 18 months as desired. |
| Mar. - 01 |
Classic Petroleum |
$18,000 |
Equity |
| Mar. - 01 |
N-Vision Technology |
$25,000 |
Private equity placement to fund the acquisition of Fremont exploration. |
| Mar. - 01 |
Brigham Exploration |
$10,000 |
Mandatorily redeemable preferred stock and warrants. 6% dividend (8% if PIK, at the company's option through 2005) Matures in November 2010, redeemable at anytime at Company's option for 100% or 101%. 2,105,263 warrants have term of 10 years and strike price of $4.75. |
| Feb. - 01 |
Energy Search |
$4,700 |
859,000 shares of 9% redeemable convertible preferred stock. Convertible on a share-for-share basis into common. |
| Feb. - 01 |
Cordillera Energy Partners |
$18,000 |
Redeemable Preferred with warrants to buy common stock at no cost to the investor. Funding to back identified and not-yet-identified acquisitions. |
| Feb. - 01 |
Cheniere Energy Inc. |
$3,100 |
Private placement of 1.55 million units. Each unit consists of one share and one warrant to purchase one-sixth of a common share at $3 each. |
| Feb. - 01 |
Miller Petroleum Inc. |
$1 |
Private placement of common stock. |
| Feb. - 01 |
KCS Energy |
$30,000 |
Preferred stock convertible to common for $3/share. |
| Jan. - 01 |
Trioco Resources Inc. |
$10,037 |
Equity |
| Dec. - 00 |
Goodrich Petroeum |
$5,000 |
Private placement of 1 million common shares. |
| Nov. - 00 |
Brigham Exploration |
$40,000 |
$20mm of 10.75% subordinated noted with warrants. Also sold $20 mm of 10-year, manditorily redeemable preferred stock and 6,666,667 common stock purchase warrants. Preferred has 6% cash coupon (8% PIK). Warrants have a ten-year term and $3 per share exercise price. Brigham may force warrants to be exercised if share price trades above $5 for 60 days. Proceeds from exercise will be used to buy down preferred stock. |
| Oct. - 00 |
Westwin Energy |
|
Equity for start-up to focus on Permian Basin. |
| Oct. - 00 |
Ivanhoe Energy, Inc. |
$25,000 |
Sale of 5 million units, each unit consisting of one common share (public) and one share purchase warrant. |
| Sep. - 00 |
Pecos Production Co. |
$14,000 |
Equity |
| Sep. - 00 |
Contango Oil & Gas |
$5,000 |
Purchased 2,272,727 shares of 8% series B convertible cumulative preferred . Each share is convertible into common at $2.20 per share. |
| Sep. - 00 |
Gryphon/Cheniere Energy |
$25,000 |
Private equity placement for exploration drilling in GOM. An additional $75 million is committed. |
| Aug. - 00 |
Michael Petroleum |
$32,000 |
Private placement to recapitalize company and emerge from Chapter 11 bankruptcy protection. Common stock placement. |
| Aug. - 00 |
PYR Energy Corporation |
$9,450 |
Sale of 2.7 mm shares of common and 3-year warrants to purchase additional 540,000 shares at $4.80 each. |
| Aug. - 00 |
Contango Oil & Gas |
$2,500 |
Purchased 8% series A convertible preferred at $1.25 per share. Also granted the investor 5-year warrants to purchase 500,000 shares of common stock at $1 per share. |
| Jul. - 00 |
PetroQuest Energy Inc. |
$12,225 |
Private placement of 4.89 million common shares at $2.50 each. This publically traded company agreed to register with the SEC for resale of the common stock issued within 30 days of the transaction. |
| Jul. - 00 |
Miller Exploration |
$6,000 |
Company issued a convertible promissory note in the amount of $5.0 million, and three warrants exercisable, for 1,562,500, 2,500,000 and 9,000,000 shares of the Company's common stock, respectively. Also sold 2,222,222 shares of common stock for $1 million in cash, and issued warrants exercisable for a total of 2,031,250 shares of common stock. |
| Jun. - 00 |
Wiser Oil |
$15,000 |
Sale of 600,000 shares of 7% cumulative convertible preferred stock, convertible into 3,529,412 common shares at $4.25. Also issued warrants for 445,030 shares of common stock at $4.25, not exerciseable for 2 years, and expire in 7 years. Investor also has the option to invest $10mm additional and receive the same securities as listed above at the same valuation, before Nov. 25, 00. |
| Jun. - 00 |
Contango Oil & Gas |
$2,500 |
Private placement of 2.5 million common shares, and a 90-day option to purchase 2.5 million additional shares at the same price. |
| Jun. - 00 |
First Permian LLC |
$20,000 |
Sale of common and preferred membership interests, proceeds of which will be used to pay down subordinated debt and increase infill drilling. |
| May - 00 |
Aroc, Inc. |
$46,507 |
Private placement of Series A Preferred shares for cash and properties. Preferred shares have a liquidation preference of $50, are convertible into 384.6 common shares, accrues cumulative dividends at the rate of $5 per share per year which can be paid in kind through May 2002 with additional preferred shares. |
| May - 00 |
Kestrel Energy, Inc. |
$1,070 |
Private Placement of 376,000 shares of common stock valued at $3 each. |
| May - 00 |
Magnum Hunter Resources, Inc. |
$23,000 |
Transfer of producing properties into a newly formed LP, Mallard Hunter LP, for a cash payment of $23 million and a 35% reversionary interest. |
| May - 00 |
United Heritage Corp. |
$3,000 |
Sale of equity |
| Apr. - 00 |
Matrix Oil & Gas, Inc. |
$28,500 |
Sale of Common and Preferred Stock. |
| Mar. - 00 |
Cortez Oil & Gas, Inc. |
$22,000 |
Equity |
| Mar. - 00 |
Goodrich Petroleum Corp. |
$4,500 |
Private placement of 1.5 million common shares. |
| Feb. - 00 |
Tipperary Corp. |
$2,400 |
Sale of 1.518 restricted shares for $1.58, plus warrants to purchase 288,000 common shares at $2 each. |
| Feb. - 00 |
Brigham Exploration Co. |
$30,000 |
Convertible debt. |
