Latest Coastal Energy Compa (CENJF) Headlines
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Posted On: 03/09/2014 6:57:08 AM
Latest Coastal Energy Compa (CENJF) Headlines
Coastal Completes Merger With CEPSA
Thomson Reuters ONE - Fri Jan 17, 4:13PM CST
HOUSTON, Jan. 17, 2014 (GLOBE NEWSWIRE) -- Coastal Energy Company ("Coastal") (TSX:CEN) (AIM:CEO) announces the successful completion of the previously announced merger (the "Merger") with Condor Acquisition (Cayman) Limited (the "Purchaser"), a newly-incorporated entity controlled by Compania Espanola de Petroleos, S.A.U. ("CEPSA") and in which Strategic Resources (Global) Limited ("SRG") is an investor. Pursuant to the Merger, the Purchaser acquired all of Coastal's issued and outstanding shares (the "Common Shares") for consideration of C$19.00 per Common Share with effect from January 17, 2014.
Coastal Shareholders Vote in Favor of Merger
Thomson Reuters ONE - Mon Jan 06, 12:35PM CST
HOUSTON, Jan. 6, 2014 (GLOBE NEWSWIRE) -- Coastal Energy Company ("Coastal") (TSX:CEN) (AIM:CEO) announced today that its shareholders have voted to approve the merger (the "Merger") with Condor Acquisition (Cayman) Limited ("Purchaser"). As previously announced on November 19, 2013, Purchaser, a newly-incorporated entity controlled by Compania Espanola de Petroleos, S.A.U. ("CEPSA") and in which Strategic Resources (Global) Limited ("SRG") is an investor, entered into a definitive merger agreement with Coastal pursuant to which it would acquire all of Coastal's issued and outstanding shares. The Merger was approved by 97.56% of the votes cast at Coastal's extraordinary meeting of shareholders. Under the terms of the Merger, Coastal shareholders will receive consideration of C$19.00 in cash for each common share of Coastal (each, a "Common Share").
Coastal Mails Meeting Materials
Thomson Reuters ONE - Fri Dec 13, 11:27AM CST
HOUSTON, Dec. 13, 2013 (GLOBE NEWSWIRE) -- Coastal Energy Company ("Coastal") (TSX:CEN) (AIM:CEO) announced today that it has mailed a management information circular (the "Circular") to Coastal shareholders in connection with the extraordinary meeting to be held on January 6, 2014 (the "Meeting") to consider and vote on the proposed transaction (the "Merger") with Condor Acquisition (Cayman) Limited ("Purchaser"), a newly-incorporated entity controlled by Compania Espanola de Petroleos, S.A.U. ("CEPSA") and in which Strategic Resources (Global) Limited ("SRG") is an investor. The Merger involves the acquisition by Purchaser of all of the issued and outstanding common shares of Coastal ("Common Shares") at a price of C$19.00 per Common Share in cash by way of a plan of merger under section 233 of the Companies Law (2013 Revision) of the Cayman Islands.
CEPSA to Acquire Coastal Energy Company for C$19.00 Per Share
GlobeNewswire - Mon Nov 18, 11:00PM CST
Coastal Energy Company ("Coastal" or the "Company") (TSX:CEN) (AIM:CEO) announced today that it has entered into a definitive merger agreement providing for the acquisition by Compania Espanola de Petroleos, S.A.U. ("CEPSA") of all of the issued and outstanding shares of Coastal at a price of C$19.00 per common share in cash. The purchase price represents a premium of 28% to the closing price of the Company's common shares on the TSX on November 18, 2013. The purchaser is a newly-incorporated CEPSA controlled entity in which Strategic Resources (Global) Limited ("SRG") is an investor. The proposed transaction has an aggregate value of approximately C$2.3 billion including the assumption of C$51 million of net debt. The transaction, which will be completed by way of statutory merger, is expected to close in the first quarter of 2014.
Coastal Energy Announces Third Quarter 2013 Financial Results & Operations Update
GlobeNewswire - Mon Nov 11, 7:45AM CST
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (LSE:CEO), an independent exploration and production company with assets in Southeast Asia, announces the financial results for the three and nine months ended September 30, 2013. The functional and reporting currency of the Company is the United States dollar.
IIROC Trade Resumption - Coastal Energy Company
Newsfile Corp - Tue Sep 17, 9:37AM CDT
Trading resumes in:
IIROC Trade Resumption - CEN (all issues)
CNW Group - Tue Sep 17, 9:30AM CDT
Trading resumes in:
UPDATE -- Coastal Energy Responds to Media Reports of Strategic Discussions
GlobeNewswire - Tue Sep 17, 9:21AM CDT
Coastal Energy Company (the "Company") (TSX:CEN) (AIM:CEO) wishes to comment on media reports regarding strategic discussions between Coastal and a third party. The Company advises that it continuously evaluates opportunities to maximize shareholder value. The Company advises that there is no transaction to announce and if the Company enters into any material transaction it will announce it immediately.
IIROC Trading Halt - CEN
CNW Group - Tue Sep 17, 8:15AM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Coastal Energy Company
Newsfile Corp - Tue Sep 17, 8:12AM CDT
The following issues have been halted by IIROC:
Coastal Energy Responds to Media Reports of Strategic Discussions
GlobeNewswire - Tue Sep 17, 1:30AM CDT
Coastal Energy Company (the "Company") (TSX:CEN) (AIM:CEO) wishes to comment on media reports regarding strategic discussions between Coastal and a third party. The Company advises that it continuously evaluates opportunities to maximize shareholder value.
Coastal Energy Company Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
M2 - Fri Sep 13, 3:26AM CDT
Summary
Coastal Energy Announces Second Quarter 2013 Financial Results & Operations Update
GlobeNewswire - Mon Aug 12, 3:05PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, announces the financial results for the three and six months ended June 30, 2013. The functional and reporting currency of the Company is the United States dollar.
Coastal Energy Announces Onshore Operations Update
GlobeNewswire - Tue Jul 16, 3:45PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, today announces an update to its onshore operations.
Coastal Energy Announces Operations Update
GlobeNewswire - Mon Jul 08, 3:54PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, today announces an operations update.
Coastal Energy Announces Result of Annual General Meeting
GlobeNewswire - Tue Jun 18, 10:16AM CDT
Coastal Energy Company (TSX:CEN) (AIM:CEO) is pleased to announce that at the AGM of the Company held earlier today, 18 June 2013, all resolutions put to shareholders were duly passed.
Coastal Energy Announces Operations & Guidance Update and Successful Exploration Results
GlobeNewswire - Mon Jun 17, 3:15PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, today announces the results of the Bua Ban North B-17 and Ko Kra A-01 exploration wells and an update to its 2013 guidance.
Coastal Completes Merger With CEPSA
Thomson Reuters ONE - Fri Jan 17, 4:13PM CST
HOUSTON, Jan. 17, 2014 (GLOBE NEWSWIRE) -- Coastal Energy Company ("Coastal") (TSX:CEN) (AIM:CEO) announces the successful completion of the previously announced merger (the "Merger") with Condor Acquisition (Cayman) Limited (the "Purchaser"), a newly-incorporated entity controlled by Compania Espanola de Petroleos, S.A.U. ("CEPSA") and in which Strategic Resources (Global) Limited ("SRG") is an investor. Pursuant to the Merger, the Purchaser acquired all of Coastal's issued and outstanding shares (the "Common Shares") for consideration of C$19.00 per Common Share with effect from January 17, 2014.
Coastal Shareholders Vote in Favor of Merger
Thomson Reuters ONE - Mon Jan 06, 12:35PM CST
HOUSTON, Jan. 6, 2014 (GLOBE NEWSWIRE) -- Coastal Energy Company ("Coastal") (TSX:CEN) (AIM:CEO) announced today that its shareholders have voted to approve the merger (the "Merger") with Condor Acquisition (Cayman) Limited ("Purchaser"). As previously announced on November 19, 2013, Purchaser, a newly-incorporated entity controlled by Compania Espanola de Petroleos, S.A.U. ("CEPSA") and in which Strategic Resources (Global) Limited ("SRG") is an investor, entered into a definitive merger agreement with Coastal pursuant to which it would acquire all of Coastal's issued and outstanding shares. The Merger was approved by 97.56% of the votes cast at Coastal's extraordinary meeting of shareholders. Under the terms of the Merger, Coastal shareholders will receive consideration of C$19.00 in cash for each common share of Coastal (each, a "Common Share").
Coastal Mails Meeting Materials
Thomson Reuters ONE - Fri Dec 13, 11:27AM CST
HOUSTON, Dec. 13, 2013 (GLOBE NEWSWIRE) -- Coastal Energy Company ("Coastal") (TSX:CEN) (AIM:CEO) announced today that it has mailed a management information circular (the "Circular") to Coastal shareholders in connection with the extraordinary meeting to be held on January 6, 2014 (the "Meeting") to consider and vote on the proposed transaction (the "Merger") with Condor Acquisition (Cayman) Limited ("Purchaser"), a newly-incorporated entity controlled by Compania Espanola de Petroleos, S.A.U. ("CEPSA") and in which Strategic Resources (Global) Limited ("SRG") is an investor. The Merger involves the acquisition by Purchaser of all of the issued and outstanding common shares of Coastal ("Common Shares") at a price of C$19.00 per Common Share in cash by way of a plan of merger under section 233 of the Companies Law (2013 Revision) of the Cayman Islands.
CEPSA to Acquire Coastal Energy Company for C$19.00 Per Share
GlobeNewswire - Mon Nov 18, 11:00PM CST
Coastal Energy Company ("Coastal" or the "Company") (TSX:CEN) (AIM:CEO) announced today that it has entered into a definitive merger agreement providing for the acquisition by Compania Espanola de Petroleos, S.A.U. ("CEPSA") of all of the issued and outstanding shares of Coastal at a price of C$19.00 per common share in cash. The purchase price represents a premium of 28% to the closing price of the Company's common shares on the TSX on November 18, 2013. The purchaser is a newly-incorporated CEPSA controlled entity in which Strategic Resources (Global) Limited ("SRG") is an investor. The proposed transaction has an aggregate value of approximately C$2.3 billion including the assumption of C$51 million of net debt. The transaction, which will be completed by way of statutory merger, is expected to close in the first quarter of 2014.
Coastal Energy Announces Third Quarter 2013 Financial Results & Operations Update
GlobeNewswire - Mon Nov 11, 7:45AM CST
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (LSE:CEO), an independent exploration and production company with assets in Southeast Asia, announces the financial results for the three and nine months ended September 30, 2013. The functional and reporting currency of the Company is the United States dollar.
IIROC Trade Resumption - Coastal Energy Company
Newsfile Corp - Tue Sep 17, 9:37AM CDT
Trading resumes in:
IIROC Trade Resumption - CEN (all issues)
CNW Group - Tue Sep 17, 9:30AM CDT
Trading resumes in:
UPDATE -- Coastal Energy Responds to Media Reports of Strategic Discussions
GlobeNewswire - Tue Sep 17, 9:21AM CDT
Coastal Energy Company (the "Company") (TSX:CEN) (AIM:CEO) wishes to comment on media reports regarding strategic discussions between Coastal and a third party. The Company advises that it continuously evaluates opportunities to maximize shareholder value. The Company advises that there is no transaction to announce and if the Company enters into any material transaction it will announce it immediately.
IIROC Trading Halt - CEN
CNW Group - Tue Sep 17, 8:15AM CDT
The following issues have been halted by IIROC:
IIROC Trade Halt - Coastal Energy Company
Newsfile Corp - Tue Sep 17, 8:12AM CDT
The following issues have been halted by IIROC:
Coastal Energy Responds to Media Reports of Strategic Discussions
GlobeNewswire - Tue Sep 17, 1:30AM CDT
Coastal Energy Company (the "Company") (TSX:CEN) (AIM:CEO) wishes to comment on media reports regarding strategic discussions between Coastal and a third party. The Company advises that it continuously evaluates opportunities to maximize shareholder value.
Coastal Energy Company Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
M2 - Fri Sep 13, 3:26AM CDT
Summary
Coastal Energy Announces Second Quarter 2013 Financial Results & Operations Update
GlobeNewswire - Mon Aug 12, 3:05PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, announces the financial results for the three and six months ended June 30, 2013. The functional and reporting currency of the Company is the United States dollar.
Coastal Energy Announces Onshore Operations Update
GlobeNewswire - Tue Jul 16, 3:45PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, today announces an update to its onshore operations.
Coastal Energy Announces Operations Update
GlobeNewswire - Mon Jul 08, 3:54PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, today announces an operations update.
Coastal Energy Announces Result of Annual General Meeting
GlobeNewswire - Tue Jun 18, 10:16AM CDT
Coastal Energy Company (TSX:CEN) (AIM:CEO) is pleased to announce that at the AGM of the Company held earlier today, 18 June 2013, all resolutions put to shareholders were duly passed.
Coastal Energy Announces Operations & Guidance Update and Successful Exploration Results
GlobeNewswire - Mon Jun 17, 3:15PM CDT
Coastal Energy Company (the "Company" or "Coastal Energy") (TSX:CEN) (AIM:CEO), an independent exploration and production company with assets in Southeast Asia, today announces the results of the Bua Ban North B-17 and Ko Kra A-01 exploration wells and an update to its 2013 guidance.
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