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Tuesday, March 09, 2010    

Denbury Announces Completion of Acquisition of Encore, Entry into New $1.6 Billion Credit Facility and Extension of Tender Offers for Encore Senior Subordinated Notes (Business Wire)
DALLAS----Denbury Resources Inc. announced today that it has closed its acquisition of Encore Acquisition Company , entered into a new $1.6 billion 24-bank credit facility, and briefly extended its tender offers for Encore senior subordinated notes.

[$$] Brigham Exploration CEO's $4.8 Million Sale (at Barrons.com)
Brigham Exploration CEO's $4.8 Million Sale Ben Brigham sold 275,000 shares of the energy firm.

Crude Oil Settles Above $81; Weak Supply (at TheStreet.com)


Shareholders approve Denbury, Encore merger (at bizjournals.com)


Denbury, Encore shareholders approve acquisition (AP)
Denbury Resources Inc., an oil and gas company, said shareholders have approved its plan to acquire Encore Acquisition Co., the company said Tuesday.

Shea to lead Penn Virginia businesses (at bizjournals.com)


Anadarko Announces Pricing of $750 Million of Senior Notes (Business Wire)
HOUSTON----Anadarko Petroleum Corporation today announced it has priced its registered public offering of $750 million 6.200% Senior Notes due 2040.

CNQ Hurt by Lower Gas Prices/Volumes (Zacks.com)


Denbury and Encore Stockholders Approve Merger (Business Wire)
DALLAS----Denbury Resources Inc. and Encore Acquisition Company today jointly announced that they have received the requisite stockholder approval to merge Encore with and into Denbury.

Apache Starts Pyrenees Production (Zacks.com)


Enterprise Products Partners to Present at Barclays Capital Conference (Business Wire)
HOUSTON----Enterprise Products Partners L.P. today announced that W. Randall Fowler, executive vice president and chief financial officer of Enterprise’s general partner, is scheduled to present at the Barclays Capital Investment Grade Energy and Pipeline Conference at 4:30 p.m.

Bull Market Leaves Exxon Mobil Lagging Behind (at CNBC)


Far East Energy Announces $5 Million Registered Direct Offering (PR Newswire)
Far East Energy Corporation announced today that it has entered into definitive agreements with certain institutional investors to sell in a registered direct offering an aggregate of approximately 11.66 million shares of its common stock at a price of $0.43 per share for aggregate gross proceeds of $5.01 million.  In addition, Far East will, at closing, issue to the Investors warrants, which will become exercisable after closing for a period of 5 years and will provide the holders the right to purchase up to an additional 4.66 million shares in the aggregate at an exercise price of $0.80 per share.  If fully exercised for cash, the warrants would result in additional gross proceeds to the company of approximately $3.73 million.

Anadarko launches offers to buy back $1B in debt (AP)
Anadarko Petroleum Corp., one of the nation's largest independent oil exploration and production companies, on Tuesday launched two cash tender offers to repurchase up to $1 billion of outstanding debt.

Endeavour posts 4Q loss on falling revenue (AP)
Independent oil and gas exploration company Endeavour International Corp. on Tuesday posted a fourth-quarter loss and projected an 32 percent cut in 2010 capital spending.

Anadarko Announces Cash Tender Offer (Business Wire)
HOUSTON----Anadarko Petroleum Corporation today announced that it has commenced a cash tender offer for up to $1 billion aggregate principal amount of specified series of its outstanding debt.

RAM Energy Resources Announces Conference Call to Review Fourth Quarter and Year-End 2009 Results (Business Wire)
TULSA, Oklahoma----RAM Energy Resources, Inc. today announced that it will hold a conference call to review fourth quarter and full year 2009 on Wednesday, March 10, 2010 at 9:00 a.m.

FieldPoint Petroleum Corporation Provides Update (Business Wire)
AUSTIN, Texas----FieldPoint Petroleum Corporation today announced that production is averaging more than 300 BOEPD . This includes production for the fourth quarter of 2009 and up to this point in the first quarter of 2010.

Brigham Exploration to Present at Raymond James' 31st Annual Institutional Investors Conference (Marketwire)


Gulfport Energy Corporation Reports Fourth Quarter and Year-End 2009 Results (GlobeNewswire)
OKLAHOMA CITY -- Gulfport Energy Corporation today reported financial and operational results for the quarter and year ended December 31, 2009, and provided updates on its 2010 activities.


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