Bonanza Creek Energy Announces Second Quarter 2016 Financial and Operating Results; Suspending Asset Sale Processes; Elects to Not Make Interest Payment on 5.75% Senior Unsecured Note

Second quarter production volumes averaged 23.2 MBoe per day, compared to guidance of 23.0 MBoe per day at the midpointGAAP cash used in operating activities of $11.8 million; adjusted EBITDAX(1) of $27.7 million; GAAP net loss of $1.00 per diluted share; adjusted net...
Trade Alert: Black Stallion Oil & Gas Continues it Move Upward on Heavy Volume

Trade Alert: Black Stallion Oil & Gas Continues it Move Upward on Heavy Volume

Shares for Black Stallion Oil & Gas, Inc. (OTCBB:BLKG) are up as much as 14% on volume that as of midday is pacing to double the 30 day average. The stock closed Friday at $1.525.Today shares surged as high as $1.74, and as of this midday alert are currently up...