|
| Feb. - 00 |
Brigham Exploration Co. |
$4,500 |
Private placement of 2.195 million common shares and warrants to puyrchase common shares. Warrants consist of the right to buy one common share at $2.05, and 1/3 of a warrant to purchase common at $2.5625 per share. |
| Feb. - 00 |
The Exploration Company |
$3,000 |
Sale of 1,333,333 shares of TXCO common stock for $2.25 per share, plus warrants for 1,238,096 shares with a 5-year term exercisable at $3.00 per share. |
| Feb. - 00 |
Ivanhoe Energy Inc. |
$14,100 |
The sale of 6.25 million units, each consisting of one common share and one share-purchase warrant. Two share-purchase warrants entitle the holder to acquire one common share of Ivanhoe for $4 for a period of one year. |
| Jan. - 00 |
Contango Oil & Gas Company |
$3,567 |
Sale of 5,191,036 common shares and 434,037 warrants to purchase common at $1. |
| Jan. - 00 |
Wiser Oil Co. |
$25,000 |
Sale of 1 million 7% convertible preferred shares, convertible to 5.882 common shares (approx 40% of company) at $4.25 each, rising over time. Also, investor receives 7-year warrants to purchase 5% of Wiser. Preferred votes with common. Automatic conversion at 3 years or if market price of common closes above $10 for 60 consecutive trading days. |
| Jan. - 00 |
Blue Dolphin Exploration Co. |
$6,100 |
Private placement of 1,016,667 shares at $6 each. |
| Dec. - 99 |
Shenandoah Energy, Inc. |
$40,000 |
$10 million of preferred equity in conjuction with an additional $75 million of senior and subordinated debt to finance the acquisition of a private company and producing assets. |
| Dec. - 99 |
Plains Resources |
$50,000 |
Private placement of 50,000 shares of Series F 7-year Cumulative Convertible Preferred Stock. Each sharehas a stated value of $1,000 and bears a dividend of 10% per annum. Dividends are payable semi-annually in either cash or additional shares of Series F Preferred Stock at Company's option and are cumulative from the date of issue. Dividends paid in additional shares of Series F Preferred Stock are limited to an aggregate of six dividend periods. Each share of Series F Preferred Stock is convertible into 81.63 shares of common stock (an initial effective conversion price of $12.25 per share) and in certain circumstances may be converted at Co. option into common stock if the average trading price for any sixty-day trading period is equal to or greater than $21.60 per share. |
| Dec. - 99 |
Spring Resources, Inc. |
$25,000 |
Sale of common equity to fund start-up. Management committed an additional $1.4 million. No existing properties. |
| Dec. - 99 |
Petroglyph Energy Inc. |
$2,000 |
Sale of 1 million shares of common stock to partner at a price of $2 per share. |
| Dec. - 99 |
Carrizo Oil & Gas |
$8,000 |
Sale of 3,636,364 shares of common stock for $2.20 per share, and ssued 2,760,189 warrants to purchase common shares at $2.20 per share. |
| Dec. - 99 |
Carbon Energy Corp |
$24,750 |
Private placement of stock at %5.50 per share. |
| Nov. - 99 |
XPRONET Resources Inc. |
? |
Sale of convertible preferred sales. |
| Nov. - 99 |
Double Eagle |
$1,100 |
400,000 common shares sold at $2.75 |
| Nov. - 99 |
Resource America Inc. |
$16,000 |
Private placement of investment partnership units. |
| Nov. - 99 |
Goodrich Petroleum |
$15,000 |
Sale of convertible notes, preferred stock and warrants. |
| Nov. - 99 |
Energy Partners Ltd. |
$60,000 |
50% equity stake of this privately held company. |
| Oct. - 99 |
Texoil Inc. |
$22,000 |
2.75 million shares of Series A convertible preferred stock at $8 per share. Preferred caries a 9% dividend and is convertible to two shares common at $4 each. |
| Oct. - 99 |
PetroQuest Energy Inc. |
$5,000 |
Sale of 5 million units, each priced at $1 dollar, and consisting of one common share and one warrant to purchase 1/2 common share for $1.25. |
| Oct. - 99 |
Goodrich Petroleum Corp. |
$15,000 |
Private placement of notes that convert to common stock at $4 per share, preferred stock convertible at $2 per share, and warrants to purchase common at $0.93 and $2 per share. |
| Oct. - 99 |
North Coast Energy Inc. |
$4,500 |
Private sale of 1,149,126 shares of common stock. |
| Sep. - 99 |
Middle Bay Oil Co. |
$9,495 |
Sale of 1,055,042 newly issued common shares for $4.75mm, warrants to purchase 798,677 common shares for $2.37mm, and issuance of a 9% senior subordinated convertible note for $2.37mm that converts to common at $3/share. |
| Sep. - 99 |
Crown Oil Partners, LP |
$7,500 |
Common in LLC |
| Sep. - 99 |
Cheniere Energy Inc. |
$3,100 |
|
| Aug. - 99 |
Frontera Resources, Inc. |
$10,000 |
preferred Equity |
| Aug. - 99 |
Benz Energy |
$8,500 |
Private placement of Preferred Shares. |
| Jul. - 99 |
Blue Dolphin Energy |
$1,960 |
Private placement of 392,000 common shares |
| Jul. - 99 |
Parks & Luttrell Resources, LLC |
$9,000 |
Private placement |
| Jul. - 99 |
Middle Bay Oil Co. |
$10,700 |
Sale of 4,755,556 common shares and warrants to purchase 3,600,000 common shares at $1.00 |
Jun. - 99 |
FX Energy Inc. |
$7,200 |
Private placement of 1.792 million common shares. |
| Jun. - 99 |
Fieldpoint Petroleum |
$1,100 |
Private placement of 1,466,666 units at $0.75. Each unit consists of 1 common share and one warrant to purchase another at $1.25 |
| May - 99 |
Nexus Resources Inc. |
$7,800 |
Initial capitalization, sold Series A and B Preferred and Partnership Interests. |
| May - 99 |
Edge Petroleum |
$7,613 |
Private placement of 1.4 million common shares and 420,000 warrants. Warrants have exercise price of $5.4375. |
| May - 99 |
Prize Energy Corp. |
$245,000 |
Financing used to purchase producing assets. Consists of $30 million convertible preferred stock provided by seller with a 6% annual dividend, a bank line of credit, and equity provided by a third party. |
| May - 99 |
PYR Energy |
$5,468 |
3,417,500 shares of common and 341,750 five-year warrants to purchase additional shares of common at $2.50. |
| May - 99 |
Bargo Energy Co. |
$50,000 |
5 million shares of preferred stock. Additionally, Bargo issues 43,815,810 common shares to the investors, representing a 40% interest. |
| Apr. - 99 |
Berco Resources LLC |
$25,000 |
$12.5 million of common equity and $12.5 million of convertible subordinated notes. |
| Apr. - 99 |
Comstock Resources |
$30,000 |
1,948,001 shares of Series A Convertible Preferred stock with $10 par value, and sale of 1,051,999 shares of Series B Non-Convertible Preferred Stock with $10 par value. |
| Mar. - 99 |
FieldPoint Petroleum Corp |
$400 |
Sale of units, each consisting of one common share and rights to purchase one additional share. |
| Mar. - 99 |
Output Exploration LLC |
N/A |
Acquisition from its former parent by management and institutional investors. |
| Feb. - 99 |
Brigham Exploration |
$10,000 |
Formation of LLC with investor, whereby Brigham contributes leases and 200 miles of seismic data and has a 1% WI in LLC. Brigham pays all drilling costs, and receives a 70% WI in each well (i.e. LLC retains 30%) until investor achieves payout, and then backs-in for 94% WI. |
| Feb. - 99 |
Costilla Energy. |
$100,000 |
Investor purchases $65 million of preferred equity, and $35 million to acquire properties. *** Deal Cancelled *** |
| Jan. - 99 |
Houston Exploration Co. |
$100,000 |
Exploration and Development joint venture with former parent -- controlling shareholder. |
| Jan. - 99 |
Odyssey Petroleum Corp |
$3,000 |
Purchase of 24 million common shares at a price of $0.125 each. |
|
Jan. - 99 |
Ella Resources |
$300 |
2 million units of one common share and one warrant at $0.15 each. Each warrant is exercisable into an additional share at $0.20. |
| Jan. - 99 |
Diaz Resources |
$439 |
1.46 million Class A subordinate voting shares on a flow-through basis. |
Jan. - 99 |
EEX Corp |
$150,000 |
Perpetual preferred with an 8% dividend, which can be payed in cash, preferred, or common. Seven and ten year warrants to buy 21 million common shares at $12, representing 33% of common. |
Dec. - 98 |
Middle Bay Oil Co., Inc. |
$11,500 |
2,300,000 shares of 10% Series C convertible preferred stock, each convertible into one share of common. |
| Dec. - 98 |
Aspect Resources, LLC |
$10,000 |
Common Equity |
Dec. - 98 |
Denbury Resources |
$100,000 |
Sold 18,552,876 common shares to investor. Represents 60% of common. |
Dec. - 98 |
Magnum Hunter Resources |
$50,000 |
Purchase of 8% Convertible Preferred stock; convertible at $5.25. |
Dec. - 98 |
Daleco Resources Corporation |
$9,000 |
Purchase of 1,848,566 common shares, representing 37.5% of company. |
Dec. - 98 |
Sheridan Energy, Inc. |
$14,900 |
$1.9 million of common equity, and $13 million of non-voting redeemable preferred stock in a newly formed entity. Preferred bears a 12.5% dividend if cash, 14% if paid with stock. |
| Nov. - 98 |
Saxet Energy Ltd. |
$6,500 |
Common Equity |
Nov. - 98 |
Tipperary Corp / Tipperary Oil & Gas |
$11,700 |
$1.7 mm loan to Corp, and purchase of $4mm of Corp restricted stock, and $6 mm loan to Tipperary Oil & Gas in exchange for 10% common stock interest. |
Nov. - 98 |
Forcenergy |
$150,000 |
Firstly, $42 mm acquisition of convertible preferred shares by two private equity funds, followed by a rights offering to existing shareholders for an additional $108 mm of convertible preferred. Shares convert at $8.80/share. ** Deal cancelled** |
Nov. - 98 |
Ocean Energy |
$50,000 |
6.5% Series A convertible preferred stock. |
Nov. - 98 |
Clayton Williams Energy |
$41,850 |
LP funded 90% of acquisition. |
Nov. - 98 |
Triton Energy |
$50,000 |
Purchase of 5 million common shares |
Nov. - 98 |
North Coast Energy |
$5,000 |
Common |
Nov. - 98 |
Abraxas Petroleum Corp. |
$60,200 |
LP; 1% equity interest retained, back-in for 35%. |
Nov. - 98 |
PYR Energy |
$2,300 |
10% convertible debt, which converts to 10% convertible preferred when approved by shareholders. Preferred converts to common at $0.60 per share. |
Oct. - 98 |
Trinity Energy Inc. |
$4,650 |
Common equity. |
Oct. - 98 |
Clayton Williams Energy |
$46,500 |
LP funded acquisition. |
Oct. - 98 |
Synergy Oil & Gas |
$20,000 |
Purchase of common shares. |
Sep. - 98 |
Encore Acquisition Partners Inc. |
$300,000 |
Blind pool to fund acquisition of properties, and participation in joint ventures and drilling prospects. |
Sep. - 98 |
Venoco Inc. |
$60,000 |
Preferred equity convertible into 26% of common. |
Sep. - 98 |
RIS Resources International |
$11,000 |
Common equity. |
Sep. - 98 |
Magnolia Resources |
$9,000 |
LP; funded acquisition of properties from Penroc. |
Sep. - 98 |
EXCO Resources, Inc. |
$50,000 |
Blind pool, joint venture to acquire oil & gas assets. |
Sep. - 98 |
Pennaco Energy, Inc. |
$3,700 |
One share of common stock and one-half share warrant per unit. |
Aug. - 98 |
Triton Energy Ltd. |
$350,000 |
8% convertible preferred, covertible into 35% of the common stock at $17.50 with $220 million issued through a rights offering with a standby purchase committment. The stock had declined from $45 to $13 6/16 over the last year. |
Aug. - 98 |
COHO Energy |
$250,000 |
41.6 million shares, representing 62% ownership, at $6.00 per share, upon shareholder approval. *** Withdrawn 2/99 ** |
Aug. - 98 |
Brigham Exploration |
$50,000 |
$10 million of common stock (1.053 million shares at $9.50), $40 million of five year senior subordinated notes, and warrants to purchase 1 million shares at $10.45 per share. |
Jul. - 98 |
XPLOR Energy |
$60,000 |
Convertible preferred stock with warrants |
Jul. - 98 |
Classic Resources |
$15,000 |
Equity |
Jul. - 98 |
Queen Sand Resources |
$25,000 |
2.4 million shares of common stock and warrants to purchase 500,000 shares. |
Jul. - 98 |
CityView Energy Corp. |
$1,600 |
1 million shares of common stock at $1.60 per share. |
Jul. - 98 |
Chaparral Resources |
$10,000 |
6.7 million shares of common stock. |
Jul. - 98 |
San Juan Partners |
N/A |
Open market purchases of Burlington Coal Seam Gas Trust common stock , bringing investor groups total holdings to 5.33 million shares. |
Jul. - 98 |
MV Energy |
$74,000 |
Acquisition financing through new partnership called MV Energy with, Murfin Drilling Company (Dallas), and Vess Oil Corp. |
Jun. - 98 |
Merit Energy |
N/A |
2.616 million shares of common stock and 1.628 million special warrants |
Jun. - 98 |
Costilla Energy |
$50,000 |
Convertible Preferred; 7% cash dividend, 8% PIK option in common stock; 25% conversion premium to current stock price. |
Jun. - 98 |
3DX Technologies |
$5,000 |
Entered into an agreement to sell up to $5 million worth of its common stock at $1.50 per share. $2.2 million was immediately sold with 60 day option to purchase remainder upon shareholder approval. |
May - 98 |
COHO Energy Inc. |
N/A |
2.2 million shares of common stock, purchased from Morgan Stanley Leveraged Equity Fund II, L.P. *Financing Terminated* |
May - 98 |
Vaalco Energy |
N/A |
5.2 million common shares for $9.5 million. |
Apr. - 98 |
EnerVest Energy |
$91,000 |
Forms a partnership to acquire Canadian oil and gas properties. |
Apr. - 98 |
Parallel Petroleum |
$6,000 |
Convertible Preferred; 6% cash dividend w/ conversion after 6 months at $6.40/ share; Redeemable at $10/ share after April 1, 1999 |
| Mar. - 98 |
Sam Gary Jr. & Associates |
$36,000 |
Common equity infusion for 62.5% of a special purpose financing entity focused on Hackberry prospects in South Louisiana. Sam Gary & Assoc. contributed $4mm cash and properties valued at $17.5 |
Feb. - 98 |
Carrizo Oil & Gas |
$30,000 |
9% Preferred and Warrants. |
Jan. - 98 |
Saba Petroleum |
$10,000 |
Convertible Preferred w/ warrants (224,719 shares); 6% Cash dividend or Saba can add to conversion price ($9.345); Convertible after 120 days and redeemable until 4/98. |
Jan. - 98 |
Queen Sand Resources |
$10,000 |
Convertible Preferred; Conversion price based on market value at time of conversion. |
Jan. - 98 |
Pease Oil & Gas |
$5,700 |
Convertible Preferred; 0% dividend with conversion at 12% discount to average trading value of common stock prior to conversion. |
Jan. - 98 |
Horizontal Ventures, Inc. |
$2,000 |
Common. |
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