Latest Geomet (GMET) Headlines
GeoMet Declares Preferred Dividend
Marketwire - Wed Mar 05, 7:28AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that its Board of Directors has declared a quarterly dividend to its preferred stockholders covering the period January 1, 2014 through March 31, 2014 to be paid through the issuance of .03125 preferred share ("PIK Preferred Shares") per outstanding share of preferred stock. The dividend has been calculated at an annual rate of 12.5%. Should the calculation of the dividend of PIK Preferred Shares to any preferred stockholder result in a fractional share, the portion of the dividend attributable to such fractional share will be paid in cash. The aggregate amount of cash paid for all fractional shares will be nominal. The dividend will be paid on March 31, 2014 to preferred stockholders of record on March 17, 2014. In the aggregate, it is estimated that approximately 187,500 preferred shares will be issued in connection with this dividend.
Atlas Resource Partners, L.P. Announces Pricing of Public Offering of Common Units
Business Wire - Tue Mar 04, 7:11AM CST
Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has priced an underwritten public offering of 5,500,000 common units representing limited partner interests at an offering price of $21.18. Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for this offering. The underwriters have been granted a 30-day option to purchase up to an additional 825,000 common units. The net proceeds of the offering, assuming no exercise of the over-allotment option, after underwriting discounts and estimated expenses, are approximately $112.1 million.
Atlas Resource Partners, L.P. Announces Public Offering of Common Units
Business Wire - Mon Mar 03, 3:11PM CST
Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has commenced an underwritten public offering of 5,500,000 common units representing limited partner interests. Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for this offering. The underwriters have been granted a 30-day option to purchase up to an additional 825,000 common units.
GeoMet Announces Agreement to Sell Substantially All Remaining Assets
Marketwire - Fri Feb 14, 8:00AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it has entered into an agreement to sell substantially all of its coalbed methane interests and other assets located in the Appalachian Basin in McDowell, Harrison, Wyoming, Raleigh, Barbour and Taylor Counties, West Virginia and Buchanan County, Virginia (the "Asset Sale") to ARP Mountaineer Productions, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Atlas Resource Partners, L.P. (NYSE: ARP), a Delaware limited partnership for a purchase price of $107 million, subject to purchase price adjustments. The effective date of the Asset Sale is January 1, 2014, and it is expected to close in the second quarter of 2014 subject to the satisfaction of closing conditions and stockholder approval. The final net proceeds will be reduced after accounting for the cash flows from the effective date to the closing date. We expect to realize sufficient net proceeds to liquidate all outstanding liabilities. A significant portion of the asset sale proceeds will be required to repay the Company's bank debt which currently totals approximately $71 million.
GeoMet Inc to pay preferred dividend to holders of record as of 13 December 2013
M2 - Wed Dec 04, 10:30AM CST
The board of directors of GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP) , a natural gas company, on Tuesday declared a quarterly dividend through the issuance of .03125 preferred share (PIK Preferred Shares) per outstanding share of preferred stock for the period 1 October 2013 through 31 December 2013.
GeoMet Inc intends to sell producing properties in Appalachia Basin
M2 - Fri Nov 22, 4:37AM CST
Natural gas company GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP) said on Thursday that it plans to market substantially all of its coal bed methane interests located in the Appalachia Basin in McDowell, Wyoming, Raleigh, Barbour and Taylor Counties of West Virginia and Buchanan County Virginia.
GeoMet Inc proposes divestiture of producing properties in Appalachia basin
M2 - Fri Nov 15, 7:04AM CST
Natural gas company GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP) said on Thursday that it plans to dispose substantially all of its coal bed methane interests located in the Appalachia Basin in McDowell, Wyoming, Raleigh, Barbour and Taylor Counties of West Virginia and Buchanan County Virginia.
GeoMet, Inc. Analysis Across the Oil and Gas Value Chain Report
M2 - Fri Nov 15, 3:44AM CST
Summary
GeoMet Announces Plan to Divest Appalachia Producing Properties
Marketwire - Thu Nov 14, 7:32AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it has engaged Lantana Oil & Gas Partners, a Houston-based divestiture firm, to market substantially all of the Company's coal bed methane interests located in the Appalachia Basin in McDowell, Wyoming, Raleigh, Barbour and Taylor Counties of West Virginia and Buchanan County Virginia. The assets represent coal bed methane vertical wells and, to a lesser extent, horizontal wells. The operated and non-operated interests include 406 wells (298 vertical and 108 horizontal wells). Most vertical wells have a 100% working interest and an average net revenue interest of 80% while the working interest of the horizontal wells varies from 33% to 100%. The vertical wells are characterized by shallow production decline curves and long lives while the horizontal wells display more of the conventional natural gas well decline characteristics.
GeoMet Announces Financial and Operating Results for the Quarter and Nine Months Ended September 30, 2013
Marketwire - Thu Nov 14, 7:30AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) ("GeoMet" or the "Company") today announced its financial and operating results for the quarter and nine months ended September 30, 2013.
GeoMet Inc announces dividend to preferred stockholders of record as of 18 September 2013
M2 - Fri Sep 06, 3:33AM CDT
The board of directors of GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP), a natural gas company, declared on Thursday its dividend of 0.03125 preferred share per outstanding share of its preferred stock covering the period 1 July 2013 through 30 September 2013.
GeoMet Completes Investor Presentation
Marketwire - Wed Sep 04, 7:30AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it has completed an Investor Presentation that will be available on the Company's website at www.geometinc.com.
GeoMet Announces Financial and Operating Results for the Quarter and Six Months Ended June 30, 2013
Marketwire - Thu Aug 15, 7:29AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) ("GeoMet" or the "Company") today announced its financial and operating results for the quarter and six months ended June 30, 2013.
GeoMet Announces Second Quarter 2013 Results of Operations Schedule and Conference Call
Marketwire - Wed Aug 07, 7:30AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it plans to file its annual report on Form 10-Q for the quarter ended June 30, 2013 on Wednesday, August 14, 2013 and to issue a press release on its second quarter results of operations before the market opens on Thursday, August 15, 2013.
GeoMet, Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
M2 - Wed Jul 10, 4:08AM CDT
Summary
GeoMet Closes on Sale of Alabama Producing Properties
Marketwire - Mon Jun 17, 7:30AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced that, on June 14, 2013, it closed the previously announced sale of all of its coal bed methane properties located in the state of Alabama.
WEALTHMAKERS.COM Issues Bullish Research Reports on GMET, INDY, LMOS, MBVT, MFG, MVC
M2 - Thu Jun 06, 10:38AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: GeoMet Inc (OTC:GMET), iShares S&P India Nifty 50 Index Fund (NASDAQ:INDY), Lumos Networks Corp (NASDAQ:LMOS), Merchants Bancshares Inc (NASDAQ:MBVT), Mizuho Financial Group Inc (NYSE:MFG), MVC Capital Inc (NYSE:MVC)
GeoMet Declares Preferred Dividend
Marketwire - Wed Mar 05, 7:28AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that its Board of Directors has declared a quarterly dividend to its preferred stockholders covering the period January 1, 2014 through March 31, 2014 to be paid through the issuance of .03125 preferred share ("PIK Preferred Shares") per outstanding share of preferred stock. The dividend has been calculated at an annual rate of 12.5%. Should the calculation of the dividend of PIK Preferred Shares to any preferred stockholder result in a fractional share, the portion of the dividend attributable to such fractional share will be paid in cash. The aggregate amount of cash paid for all fractional shares will be nominal. The dividend will be paid on March 31, 2014 to preferred stockholders of record on March 17, 2014. In the aggregate, it is estimated that approximately 187,500 preferred shares will be issued in connection with this dividend.
Atlas Resource Partners, L.P. Announces Pricing of Public Offering of Common Units
Business Wire - Tue Mar 04, 7:11AM CST
Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has priced an underwritten public offering of 5,500,000 common units representing limited partner interests at an offering price of $21.18. Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for this offering. The underwriters have been granted a 30-day option to purchase up to an additional 825,000 common units. The net proceeds of the offering, assuming no exercise of the over-allotment option, after underwriting discounts and estimated expenses, are approximately $112.1 million.
Atlas Resource Partners, L.P. Announces Public Offering of Common Units
Business Wire - Mon Mar 03, 3:11PM CST
Atlas Resource Partners, L.P. (NYSE: ARP) announced today that it has commenced an underwritten public offering of 5,500,000 common units representing limited partner interests. Wells Fargo Securities, Citigroup, Deutsche Bank Securities, J.P. Morgan, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for this offering. The underwriters have been granted a 30-day option to purchase up to an additional 825,000 common units.
GeoMet Announces Agreement to Sell Substantially All Remaining Assets
Marketwire - Fri Feb 14, 8:00AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it has entered into an agreement to sell substantially all of its coalbed methane interests and other assets located in the Appalachian Basin in McDowell, Harrison, Wyoming, Raleigh, Barbour and Taylor Counties, West Virginia and Buchanan County, Virginia (the "Asset Sale") to ARP Mountaineer Productions, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Atlas Resource Partners, L.P. (NYSE: ARP), a Delaware limited partnership for a purchase price of $107 million, subject to purchase price adjustments. The effective date of the Asset Sale is January 1, 2014, and it is expected to close in the second quarter of 2014 subject to the satisfaction of closing conditions and stockholder approval. The final net proceeds will be reduced after accounting for the cash flows from the effective date to the closing date. We expect to realize sufficient net proceeds to liquidate all outstanding liabilities. A significant portion of the asset sale proceeds will be required to repay the Company's bank debt which currently totals approximately $71 million.
GeoMet Inc to pay preferred dividend to holders of record as of 13 December 2013
M2 - Wed Dec 04, 10:30AM CST
The board of directors of GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP) , a natural gas company, on Tuesday declared a quarterly dividend through the issuance of .03125 preferred share (PIK Preferred Shares) per outstanding share of preferred stock for the period 1 October 2013 through 31 December 2013.
GeoMet Inc intends to sell producing properties in Appalachia Basin
M2 - Fri Nov 22, 4:37AM CST
Natural gas company GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP) said on Thursday that it plans to market substantially all of its coal bed methane interests located in the Appalachia Basin in McDowell, Wyoming, Raleigh, Barbour and Taylor Counties of West Virginia and Buchanan County Virginia.
GeoMet Inc proposes divestiture of producing properties in Appalachia basin
M2 - Fri Nov 15, 7:04AM CST
Natural gas company GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP) said on Thursday that it plans to dispose substantially all of its coal bed methane interests located in the Appalachia Basin in McDowell, Wyoming, Raleigh, Barbour and Taylor Counties of West Virginia and Buchanan County Virginia.
GeoMet, Inc. Analysis Across the Oil and Gas Value Chain Report
M2 - Fri Nov 15, 3:44AM CST
Summary
GeoMet Announces Plan to Divest Appalachia Producing Properties
Marketwire - Thu Nov 14, 7:32AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it has engaged Lantana Oil & Gas Partners, a Houston-based divestiture firm, to market substantially all of the Company's coal bed methane interests located in the Appalachia Basin in McDowell, Wyoming, Raleigh, Barbour and Taylor Counties of West Virginia and Buchanan County Virginia. The assets represent coal bed methane vertical wells and, to a lesser extent, horizontal wells. The operated and non-operated interests include 406 wells (298 vertical and 108 horizontal wells). Most vertical wells have a 100% working interest and an average net revenue interest of 80% while the working interest of the horizontal wells varies from 33% to 100%. The vertical wells are characterized by shallow production decline curves and long lives while the horizontal wells display more of the conventional natural gas well decline characteristics.
GeoMet Announces Financial and Operating Results for the Quarter and Nine Months Ended September 30, 2013
Marketwire - Thu Nov 14, 7:30AM CST
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) ("GeoMet" or the "Company") today announced its financial and operating results for the quarter and nine months ended September 30, 2013.
GeoMet Inc announces dividend to preferred stockholders of record as of 18 September 2013
M2 - Fri Sep 06, 3:33AM CDT
The board of directors of GeoMet Inc (OTCQB:GMET) (NASDAQ:GMETP), a natural gas company, declared on Thursday its dividend of 0.03125 preferred share per outstanding share of its preferred stock covering the period 1 July 2013 through 30 September 2013.
GeoMet Completes Investor Presentation
Marketwire - Wed Sep 04, 7:30AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it has completed an Investor Presentation that will be available on the Company's website at www.geometinc.com.
GeoMet Announces Financial and Operating Results for the Quarter and Six Months Ended June 30, 2013
Marketwire - Thu Aug 15, 7:29AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) ("GeoMet" or the "Company") today announced its financial and operating results for the quarter and six months ended June 30, 2013.
GeoMet Announces Second Quarter 2013 Results of Operations Schedule and Conference Call
Marketwire - Wed Aug 07, 7:30AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced today that it plans to file its annual report on Form 10-Q for the quarter ended June 30, 2013 on Wednesday, August 14, 2013 and to issue a press release on its second quarter results of operations before the market opens on Thursday, August 15, 2013.
GeoMet, Inc. Oil & Gas Exploration and Production Operations and Cost Analysis - Q1, 2013
M2 - Wed Jul 10, 4:08AM CDT
Summary
GeoMet Closes on Sale of Alabama Producing Properties
Marketwire - Mon Jun 17, 7:30AM CDT
GeoMet, Inc. (OTCQB: GMET) (NASDAQ: GMETP) (the "Company") announced that, on June 14, 2013, it closed the previously announced sale of all of its coal bed methane properties located in the state of Alabama.
WEALTHMAKERS.COM Issues Bullish Research Reports on GMET, INDY, LMOS, MBVT, MFG, MVC
M2 - Thu Jun 06, 10:38AM CDT
WEALTHMAKERS.COM / www.wealthmakers.com , a Wall Street research and trading firm providing unbiased statistical stock market predictions to empower investors, securities professionals and public company employees to make precise, predictive and profitable trading decisions, has issued new research reports today on the following stocks: GeoMet Inc (OTC:GMET), iShares S&P India Nifty 50 Index Fund (NASDAQ:INDY), Lumos Networks Corp (NASDAQ:LMOS), Merchants Bancshares Inc (NASDAQ:MBVT), Mizuho Financial Group Inc (NYSE:MFG), MVC Capital Inc (NYSE:MVC)
