Thu, Sep 18, 2014, 12:24 AM EDT - U.S. Markets open in 9 hrs 6 mins

Recent

% | $
Quotes you view appear here for quick access.

Kodiak Oil & Gas Corp. Message Board

  • lexpress56 lexpress56 Jan 11, 2013 10:57 AM Flag

    Hopefully, these notes cover all of 2013

    Kog expanded the notes offering to $350 million. PR says plan is to knock down 1st lien facility to $1.6m. I dont know borrowings on facility since third quarter financials, but 3Q SEC filing has credit facility at $115m. So $113m plus interim spending on facility during $Q goes to paying off facility. Assuming credit facility is as high as $150, that means $230m down to $200m from notes offering is left over for Capex and -- knock on wood -- remaining 2013 capex can be funded by Cash Flow. Operational CF was $78m in 3rd Qtr 2012 and with growing volumes, I trust this figure will average $100m per quarter this coming year. Sound reasonable?

 
KOG
14.78-0.10(-0.67%)Sep 17 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.