Escalera Resources Co (ESCR) 0.0201 $ESCR
Escalera Resources Files Voluntary Bankruptcy Petition Under Chapter 11
Marketwired - Thu Nov 05, 4:00PM CST
Escalera Resources Co. (OTC PINK: ESCR) ("Escalera" or the "Company"
announced today that it filed a voluntary petition in the United States Bankruptcy Court for the District of Colorado (the "Court" seeking relief under the provisions of Chapter 11 of Title 11 of the United States Code. The Company believes the Chapter 11 process will provide the greatest flexibility to pursue viable options for asset sales or other alternatives with the goal of maximizing the value of the Company.
Escalera Resources Announces Voluntary Delisting From Nasdaq
Marketwire Canada - Wed Oct 07, 4:00PM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today its intention to voluntarily delist its common stock from The Nasdaq Stock Market ("Nasdaq" due to the Company's non-compliance with the minimum stockholders' equity and closing bid requirements for continued listing on the Nasdaq Capital Market.
Warren Resources Announces Second Quarter 2015 Financial and Operating Results
GlobeNewswire - Tue Aug 04, 6:30AM CDT
-- LOE has been reduced 22% to $1.40 per Mcfe over the past two quarters
WRES: 0.09 (+0.02)
Escalera Resources Announces Redetermination of Borrowing Base; Enters Into Forbearance Agreement
Marketwired - Mon Aug 03, 3:30PM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that, effective July 31, 2015, the borrowing base under its credit facility has been decreased from $50 million to $44 million in connection with the Company's regularly scheduled semi-annual redetermination by its lenders. This decrease has resulted in a borrowing base deficiency of approximately $3.5 million.
Warren Resources Provides Operational Update
GlobeNewswire - Mon Jul 13, 7:03AM CDT
-- Achieved second quarter production at the upper end of guidance
WRES: 0.09 (+0.02)
Warren Resources Announces Sale of Wyoming Coal Bed Methane Assets to Escalera Resources
GlobeNewswire - Tue Jun 16, 8:00AM CDT
-- $47MM sale of non-core Wyoming CBM assets
WRES: 0.09 (+0.02)
Escalera Resources Announces $47 Million Purchase Agreement to Expand Atlantic Rim Holdings
Marketwire Canada - Tue Jun 16, 8:00AM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that it has signed an asset purchase and sale agreement for the strategic acquisition of producing wells and leasehold interests from Warren Resources, Inc. ("Warren" (NASDAQ: WRES). The assets, located in the Atlantic Rim Area of the Washakie Basin, Wyoming, are highly complementary to Escalera's existing holdings and consist primarily of Warren's 74% operated working interest in the Spyglass Hill Unit (in which Escalera already holds a 22% non-operated working interest), an 11% non-operated working interest in Escalera's Catalina Unit (of which Escalera operates with an 86% interest), and midstream gathering and pipeline assets within the Spyglass Hill Unit. Current production from the assets is approximately 14 mmcf/d and proved developed reserves were 83 Bcf as of April 1, 2015.
WRES: 0.09 (+0.02)
Escalera Resources Indefinitely Suspends Series A Cumulative Preferred Stock Dividend to Preserve Capital
Marketwired - Tue Jun 09, 7:02AM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that it would not declare the quarterly dividend for the quarter ending June 30, 2015 on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock", and that such quarterly dividends are being suspended indefinitely to preserve its cash resources in light of natural gas prices.
Escalera Resources Reports Full-Year 2014 Financial and Operating Results
Marketwired - Wed Apr 15, 8:25AM CDT
Escalera Resources Co. (NASDAQ: ESCR) today reported its full-year 2014 financial and operating results and provided a Company update.
Escalera Resources Suspends Series A Cumulative Preferred Stock Dividend to Preserve Capital
Marketwired - Mon Mar 09, 4:00PM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that it would not declare the quarterly dividend for the quarter ending March 31, 2015 on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock" in order to preserve its cash resources. Payment of future dividends on the Series A Preferred Stock will be determined by the Company's Board of Directors.
Escalera Resources' Borrowing Base Reaffirmed at $50 Million
PR Newswire - Mon Dec 22, 8:25AM CST
Escalera Resources Co. (Nasdaq: ESCR) announced today that the borrowing base under its $250 million credit facility with Societe Generale has been reaffirmed following completion of its fall 2014 semi-annual redetermination. As of December 19, 2014 Escalera's borrowing base remains at $50.0 million.
Escalera Resources Files Voluntary Bankruptcy Petition Under Chapter 11
Marketwired - Thu Nov 05, 4:00PM CST
Escalera Resources Co. (OTC PINK: ESCR) ("Escalera" or the "Company"
announced today that it filed a voluntary petition in the United States Bankruptcy Court for the District of Colorado (the "Court" seeking relief under the provisions of Chapter 11 of Title 11 of the United States Code. The Company believes the Chapter 11 process will provide the greatest flexibility to pursue viable options for asset sales or other alternatives with the goal of maximizing the value of the Company. Escalera Resources Announces Voluntary Delisting From Nasdaq
Marketwire Canada - Wed Oct 07, 4:00PM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today its intention to voluntarily delist its common stock from The Nasdaq Stock Market ("Nasdaq"
due to the Company's non-compliance with the minimum stockholders' equity and closing bid requirements for continued listing on the Nasdaq Capital Market. Warren Resources Announces Second Quarter 2015 Financial and Operating Results
GlobeNewswire - Tue Aug 04, 6:30AM CDT
-- LOE has been reduced 22% to $1.40 per Mcfe over the past two quarters
WRES: 0.09 (+0.02)
Escalera Resources Announces Redetermination of Borrowing Base; Enters Into Forbearance Agreement
Marketwired - Mon Aug 03, 3:30PM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that, effective July 31, 2015, the borrowing base under its credit facility has been decreased from $50 million to $44 million in connection with the Company's regularly scheduled semi-annual redetermination by its lenders. This decrease has resulted in a borrowing base deficiency of approximately $3.5 million.
Warren Resources Provides Operational Update
GlobeNewswire - Mon Jul 13, 7:03AM CDT
-- Achieved second quarter production at the upper end of guidance
WRES: 0.09 (+0.02)
Warren Resources Announces Sale of Wyoming Coal Bed Methane Assets to Escalera Resources
GlobeNewswire - Tue Jun 16, 8:00AM CDT
-- $47MM sale of non-core Wyoming CBM assets
WRES: 0.09 (+0.02)
Escalera Resources Announces $47 Million Purchase Agreement to Expand Atlantic Rim Holdings
Marketwire Canada - Tue Jun 16, 8:00AM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that it has signed an asset purchase and sale agreement for the strategic acquisition of producing wells and leasehold interests from Warren Resources, Inc. ("Warren"
(NASDAQ: WRES). The assets, located in the Atlantic Rim Area of the Washakie Basin, Wyoming, are highly complementary to Escalera's existing holdings and consist primarily of Warren's 74% operated working interest in the Spyglass Hill Unit (in which Escalera already holds a 22% non-operated working interest), an 11% non-operated working interest in Escalera's Catalina Unit (of which Escalera operates with an 86% interest), and midstream gathering and pipeline assets within the Spyglass Hill Unit. Current production from the assets is approximately 14 mmcf/d and proved developed reserves were 83 Bcf as of April 1, 2015. WRES: 0.09 (+0.02)
Escalera Resources Indefinitely Suspends Series A Cumulative Preferred Stock Dividend to Preserve Capital
Marketwired - Tue Jun 09, 7:02AM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that it would not declare the quarterly dividend for the quarter ending June 30, 2015 on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock"
, and that such quarterly dividends are being suspended indefinitely to preserve its cash resources in light of natural gas prices. Escalera Resources Reports Full-Year 2014 Financial and Operating Results
Marketwired - Wed Apr 15, 8:25AM CDT
Escalera Resources Co. (NASDAQ: ESCR) today reported its full-year 2014 financial and operating results and provided a Company update.
Escalera Resources Suspends Series A Cumulative Preferred Stock Dividend to Preserve Capital
Marketwired - Mon Mar 09, 4:00PM CDT
Escalera Resources Co. (NASDAQ: ESCR) announced today that it would not declare the quarterly dividend for the quarter ending March 31, 2015 on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock"
in order to preserve its cash resources. Payment of future dividends on the Series A Preferred Stock will be determined by the Company's Board of Directors. Escalera Resources' Borrowing Base Reaffirmed at $50 Million
PR Newswire - Mon Dec 22, 8:25AM CST
Escalera Resources Co. (Nasdaq: ESCR) announced today that the borrowing base under its $250 million credit facility with Societe Generale has been reaffirmed following completion of its fall 2014 semi-annual redetermination. As of December 19, 2014 Escalera's borrowing base remains at $50.0 million.
