Just hours after its tender offer of $5.50/share, or $665 million in aggregate, for Dynegy Inc. was due to expire, Icahn Enterprises subsidiary IEH Merger Sub LLC extended the deadline until 5 p.m. EST Monday “to allow additional time for FERC approval,” the company said.
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Icahn Again Extends Deadline for Dynegy Bid
Just hours after its tender offer of $5.50/share, or $665 million in aggregate, for Dynegy Inc., was due to expire, Icahn Enterprises subsidiary IEH Merger Sub LLC extended the deadline until 5 p.m. EST Monday “to allow additional time for FERC approval,” the company said.
Seneca Again Urges Dynegy Shareholders to Reject Icahn Bid
With time running out on billionaire Carl Icahn’s tender offer of $5.50/share, or $665 million in aggregate, for Dynegy Inc., Seneca Capital on Wednesday again urged Dynegy shareholders to reject the offer.
RAM Energy Cuts Debt With North Texas Asset Sale
RAM Energy Resources Inc. has sold its North Texas Barnett Shale and Boonsville properties to Milagro Producing LLC for $43.7 million in cash, prior to adjustments.
‘Shaliest’ Producers Seen Lifting Domestic Gas Output by 9%
Natural gas production in 3Q2009 by the top domestic explorers showed little sign of pulling back, and aggregate output by the end of the year could be 9% higher than in 2008, which points to “substantial uncertainties” for supply and demand drivers in 2010, energy analysts said last week.
‘Shaliest’ Producers Seen Lifting Domestic Gas Output by 9%
Natural gas production in 3Q2009 by the top domestic explorers showed little sign of pulling back, and aggregate output by the end of the year likely will be 9% higher than in 2008, according to an analysis by the exploration and production (E&P) research team at Tudor, Pickering, Holt & Co. Securities Inc. (TPH).
FERC Extends Reporting Deadline for 2008 Gas Sales, Purchases
FERC has extended the deadline to July 1 for companies to file Form No. 552 reports detailing their aggregate volumes of natural gas purchases and sales for last year. The deadline initially was May 1.
FERC Extends Reporting Deadline for 2008 Gas Sales, Purchases
FERC has extended the deadline to July 1 for companies to file Form No. 552 reports detailing their aggregate volumes of natural gas purchases and sales for last year. The deadline initially was May 1.
‘Rapid Declines’ in Barnett Shale Seen Taking Hold
The current number of well completions, active rigs and aggregate decline rates in the Barnett Shale of Texas are inexact at this point, but all signs point to “rapid declines taking hold soon,” according to a review of the play by Barclays Capital energy analysts.
Barclays: ‘Rapid Declines’ in Barnett Shale Taking Hold
The current number of well completions, active rigs and aggregate decline rates in the Barnett Shale of Texas are inexact at this point, but all signs point to “rapid declines taking hold soon,” according to a review of the play by Barclays Capital energy analysts.