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Martin Midstream Partners L.P. Amends and Extends Revolving Credit Facility and Announces Quarterly Cash Distribution

3 days ago DieselGasoil Comments Off on Martin Midstream Partners L.P. Amends and Extends Revolving Credit Facility and Announces Quarterly Cash Distribution
KILGORE, Texas, July 18, 2019 (GLOBE NEWSWIRE) — Martin Midstream Partners L.P. (Nasdaq:MMLP) (the “Partnership”) announced today that the Partnership has successfully amended and extended its revolving credit facility. The amended facility extends the maturity date by approximately 3.4 years to August 2023, decreases the borrowing capacity from $500 million to $400 million and contains Read More

Just Energy Group Inc. Announces Option to Extend Maturity Date of Outstanding Convertible Bonds Due July 29, 2019

4 days ago DieselGasoil Comments Off on Just Energy Group Inc. Announces Option to Extend Maturity Date of Outstanding Convertible Bonds Due July 29, 2019
TORONTO, July 17, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy”) announced today that it has provided notice to holders (the “Bondholders”) of its outstanding USD $22.4 million of its 6.50 per cent Convertible Bonds (the “Bonds”), which are due to mature on 29 July 2019, of an option to extend the maturity Read More

Delphi Energy Corp. Announces Extension of Credit Facility

1 week ago DieselGasoil Comments Off on Delphi Energy Corp. Announces Extension of Credit Facility
CALGARY, Alberta, July 11, 2019 (GLOBE NEWSWIRE) — Delphi Energy Corp. (“Delphi” or the “Company”) announces that the annual borrowing base redetermination of its senior credit facility has been finalized. The amended credit facility has a borrowing base of $100.0 million reducing to $90.0 million upon the earlier of September 30, 2019 and the completion Read More

Proposal to redeem 16 percent of the outstanding Lundin Petroleum shares and sell a 2.6 percent stake in the Johan Sverdrup development project

2 weeks ago DieselGasoil Comments Off on Proposal to redeem 16 percent of the outstanding Lundin Petroleum shares and sell a 2.6 percent stake in the Johan Sverdrup development project
Lundin Petroleum AB (“Lundin Petroleum”) announces that its Board of Directors proposes to redeem 16 percent of the outstanding shares that are currently held by Equinor ASA (“Equinor”). Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS (“Lundin Norway”) has further agreed to sell a 2.6 percent stake in the Johan Sverdrup development project, for a Read More

Weatherford files for Chapter 11 bankruptcy

3 weeks ago DieselGasoil Comments Off on Weatherford files for Chapter 11 bankruptcy
7/3/2019 BAAR — Weatherford International plc, Weatherford International Ltd., and Weatherford International, LLC, announced that the Company has initiated its previously-announced financial restructuring by commencing voluntary cases under Chapter 11 of the U.S. Bankruptcy Code to effectuate its “pre-packaged” Plan BAof Reorganization. The Company’s other entities and affiliates are not included in the Chapter 11 Read More

ClearStream Announces Completion of Previously Announced Strategic Acquisitions and Concurrent Equity and Debt Financings

3 weeks ago DieselGasoil Comments Off on ClearStream Announces Completion of Previously Announced Strategic Acquisitions and Concurrent Equity and Debt Financings
CALGARY, Alberta, June 28, 2019 (GLOBE NEWSWIRE) — ClearStream Energy Services Inc. (“ClearStream” or the “Corporation”) (TSX: CSM) is pleased to announce the completion by its wholly-owned subsidiary, ClearStream Energy Holdings LP (“CEHLP”), of its previously announced acquisition of certain assets of the production services division (the “Production Services Business”) formerly operated by AECOM Production Read More

Just Energy Group Inc. Announces Increase to Credit Facility

3 weeks ago DieselGasoil Comments Off on Just Energy Group Inc. Announces Increase to Credit Facility
TORONTO, June 28, 2019 (GLOBE NEWSWIRE) — Just Energy Group Inc. (“Just Energy”), is pleased to announce that its wholly owned subsidiaries, Just Energy Ontario L.P. and Just Energy (U.S.) Corp. have completed an increase of their senior secured credit facility among National Bank of Canada, as Administrative Agent, and a syndicate of lenders, from Read More

Marksmen Announces First Closing of Private Placement and Issuance of Debenture

3 weeks ago DieselGasoil Comments Off on Marksmen Announces First Closing of Private Placement and Issuance of Debenture
CALGARY, Alberta, June 28, 2019 (GLOBE NEWSWIRE) — Marksmen Energy Inc. (“Marksmen” or the “Company”)(TSX Venture: MAH) (OTCQB: MKSEF) announces that it has completed the first closing of its previously announced non-brokered private placement of units (the “Units”) of Marksmen (the “Offering”). The Company issued 5,900,000 Units at a price of $0.05 per Unit for Read More