Transmeridian Exploration, Inc. Company News

Recent Articles

Results 27 articles shown

United Energy Group Extends Expiration Date for Transmeridian Offer
United Energy extended the expiration date for its previously announced cash tender offer for all of the outstanding shares of 15% senior redeemable convertible preferred stock and 20% junior redeemable convertible preferred stock of Transmeridian.
8:00 PM EST | October 07, 2008
Transmeridian Amends Exchange Offer for 12% Senior Secured Notes
Transmeridian and TMEI announced that they are amending the terms of their exchange offer and related consent solicitation relating to $290,000,000 aggregate principal amount of TMEI's 12% Senior Secured Notes due 2010.
8:00 PM EST | September 22, 2008
TMEI, Subsidiary Extend Conent Payment Deadline on 2010 Notes
Transmeridian and its wholly-owned subsidiary have extended the consent payment deadline with respect to their exchange offer and concurrent solicitation of consents to amend the identure governing TMEI's 12% Senior Secured Notes due 2010.
8:00 PM EST | September 07, 2008
Transmeridian Extends Deadline Related to 2010 Senior Secured Notes
Transmeridian and its wholly owned subsidiary have entended the consent payment deadline and expiration time with respect to their exchange offer and concurrent solicitation of consents to amend the indenture governing TMEI's Notes due 2010.
8:00 PM EST | September 01, 2008
United Energy Extends Offer's Expiration Date for Transmeridian's Stock
United Energy extended the expiration date for its previously announced cash tender offer for all of the outstanding shares of 15% senior redeemable convertible preferred stock and 20% junior redeemable convertible preferred stock of Transmeridian.
8:00 PM EST | August 31, 2008
Transmeridian, Subsidiary Extend Consent Payment Deadline
Transmeridian Exploration Incorporated and TMEI have extended the consent payment deadline and expiration time with respect to their exchange offer and concurrent solicitation of consents to amend the indenture governing TMEI's 2010 Notes.
8:00 PM EST | August 17, 2008
Transmeridian Snags New Russian Prospects
Transmeridian Exploration has strengthened its position in Russia's Dagestan region with its acquisition of both a second field and an undrilled anticline in trend with its Gasha Field.
8:00 PM EST | July 01, 2008
Transmeridian Resumes Production at south Alibek Field
Transmeridian has resumed production of oil from its South Alibek field in western Kazakhstan.
8:00 PM EST | October 02, 2007
Transmeridian Provides Update of Strategic Sales Process
Transmeridian Exploration has scheduled management presentations beginning next week with potential buyers.
8:00 PM EST | July 29, 2007
Transmeridian Exploration Re-Enters First Well at Gasha Field
Transmeridian Exploration says its first re-entry workover in the Gasha Field in Dagestan, Russia was successful in opening a previously untested interval in the Upper Foraminiferal zone of well 28 at a depth of about 2,000 meters.
8:00 PM EST | July 22, 2007
Transmeridian Receives Approval to Flare Gas through November
Transmeridian received approval to extend its current year permit for flaring associated gas and increases to 20 million cubic meters.
8:00 PM EST | July 16, 2007
Transmeridian Announces $40M Private Placement
Transmeridian Exploration Inc. has obtained definitive commitments from institutional investors to subscribe for a private placement of 400,000 shares of the Company's newly issued junior redeemable convertible preferred stock.
8:00 PM EST | June 17, 2007
Transmeridian Reports on Status of Strategic Sales Process
Transmeridian Exploration Inc. on Monday said that it is continuing with its previously announced plan to obtain proposals for the acquisition of the Company or its South Alibek field.
8:00 PM EST | June 17, 2007
Rupf Joins Transmeridian's Board
Transmeridian Exploration, Inc.'s board of directors has appointed Wolfgang Rupf, 64, to fill the vacancy on the board created by the retirement of Fernando J. Zuniga y Rivero, effective as of the company's annual meeting of stockholders on May 17.
8:00 PM EST | May 22, 2007
Transmeridian Retains Advisor to Review Options
Transmeridian Exploration, Inc. has retained Jefferies Randall & Dewey as its financial advisor in connection with the company's previously announced review of strategic alternatives for its South Alibek field in Western Kazakhstan.
8:00 PM EST | April 16, 2007
Transmeridian Reports $54.3M Loss for 2006
Transmeridian Exploration Inc. reported a net loss of $54.3 million, or $0.58 per share, on revenues of $24.7 million for the year ended December 31, 2006, as compared to a net loss of $21.6 million in 2005.
8:00 PM EST | March 14, 2007
Transmeridian to Consider Options for South Alibek
Transmeridian Exploration, Inc. plans to review strategic alternatives for its South Alibek field in Western Kazakhstan. The field represents substantially all of the assets of the company.
8:00 PM EST | March 14, 2007
Transmeridian Reports South Alibek Start-up
Transmeridian Exploration Incorporated on Tuesday said that it has commenced production from its first horizontal well, located in the company's South Alibek in Western Kazakhstan.
7:00 PM EST | March 05, 2007
Transmeridian Reports Success with First Horizontal Lateral Well
Transmeridian Exploration Inc. on Friday said that its first horizontal lateral well, SA-5H in Kazakhstan, has been successfully drilled.
7:00 PM EST | February 25, 2007
Transmeridian Raises Funds to Speed Up South Alibek Work
Transmeridian Exploration Incorporated announced Friday that it has completed its previously disclosed private offering and concurrent private placement of an aggregate 440,000 shares of its senior redeemable convertible preferred stock.
7:00 PM EST | December 03, 2006
Transmeridian Exploration Begins Private Offering
Transmeridian Exploration has commenced a private offering of $35.0 million of its senior redeemable convertible preferred stock.
7:00 PM EST | November 25, 2006
Transmeridian Reports Loss for Third Quarter
Transmeridian Exploration Incorporated reported a net loss of $14.3 million, or $0.15 per share, on net revenues of $7.8 million for the three months ended September 30, 2006.
7:00 PM EST | November 07, 2006
Transmeridian Completes Well at South Alibek
Transmeridian Exploration Incorporated on Wednesday issued the following update on operations at its South Alibek field in Kazakhstan.
7:00 PM EST | November 07, 2006
Transmeridian Set to Complete South Alibek Wells
Transmeridian Exploration Incorporated said Friday that the three most recent wells to reach total depth in its South Alibek field in western Kazakhstan, SA-13, SA-16 and SA-21, have been logged and cased and are ready for completion.
7:00 PM EST | October 29, 2006
Transmeridian Exploration Acquires Interest in Russian Oilfield
Transmeridian Exploration has acquired a 50% interest in the Gasha field from a private Russian investor group. The field is located onshore in the Republic of Dagestan.
8:00 PM EST | September 10, 2006
Transmeridian Announces Arrival of Fifth Rig at South Alibek
Transmeridian Exploration Inc. on Monday announced the arrival of the fifth drilling rig at its South Alibek field in western Kazakhstan.
8:00 PM EST | August 07, 2006
Transmeridian Extends Exchange Offer for Senior Secured Notes Due 2010
Transmeridian Exploration Incorporated said that Transmeridian Exploration Inc. (TEI), its wholly owned British Virgin Islands subsidiary, has extended to 5 p.m., New York City time, on July 21, 2006 (unless further extended) its exchange offer.
8:00 PM EST | July 18, 2006