TRANSMERIDIAN EX. DL-0006
WKN: 542146 / ISIN: US89376N1081Transmeridian Übernahme fixiert - großes Potenzial...
HOUSTON, Dec. 31, 2007 (PRIME NEWSWIRE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today announced that the Company and Trans Meridian International, Inc., a British Virgin Islands company formed by the Company's Chairman and Chief Executive Officer Lorrie T. Olivier ("TMI"), have entered into a definitive merger agreement pursuant to which TMI, through a wholly owned subsidiary, will commence a tender offer to purchase all of the Company's outstanding shares of common stock for a price of $3.00 per share, payable net to the seller in cash. The purpose of the tender offer is to acquire for cash as many outstanding shares as possible of the Company's common stock as a first step in a "going private" transaction resulting in TMI acquiring the entire equity interest in the Company. If the transaction is completed, TMI contemplates that the shares of the Company's common stock would be delisted from trading on the AMEX and deregistered with the Securities and Exchange Commission.
The $3.00 per share cash consideration represents a 114% premium over the $1.40 closing price of the Company's common stock on December 28, 2007, the last full trading day prior to announcement of the transaction, and implies an enterprise value of the Company of approximately $825 million. The Company's disinterested directors have unanimously approved the merger agreement and tender offer and will recommend that the Company's stockholders tender their shares into the offer and vote for the back-end merger, if required.
Die Meldung ging am 31.12 raus und zeichnet das Ende einer monatelangen Verhandlung dieses Explorers in Kasachstan. Alleine heute ist daraus eine Kurssteigerung um 50 % erwachsen - bei einem Dollarkurs von 1,44 machen die 3 US$ Übernahmeangebot rund 2,08 Euro aus. Zur Zeit steht das Ding bei € 1,49. Also noch anständig Rendite zu holen.
Details zum Merger unter www.tmei.com in deren IR Abteilung.
Eine Bestätigung der Übernahme und der Übernahmepreise aus der Quelle "Beacon Equity Research" (http://www.beaconequityresearch.com/...=view&id=727&Itemid=73) inlusive Erklärung für den aktuellen Rückfall, der technisch bedingt scheint.
(TMY) TraderNote – TMY Enters Merger Agreement with Its CEO’s Trans Meridian International Inc.
Transmeridian Exploration, Inc. (TMY) closed yesterday at 2.02, a positive change of 0.05 or an increase of 2.54% from the previous close of 1.97. Transmeridian Exploration Incorporated engages in the acquisition, development, and production of oil and natural gas primarily in Kazakhstan and southern Russia. Its principal oil and gas property is the South Alibek Field in the Republic of Kazakhstan, with a license covering an area of approximately 14,111 acres. As of December 31, 2006, the company's net proved reserves were 67,189,186 barrels of oil. Share prices of TMY shoot up to a high of 2.43 as the company announced last December 31 that it agreed to be acquired by its chief executive's Trans Meridian International Inc. in a deal that values the energy company at $350 million. Under the merger agreement, Trans Meridian International will commence a tender offer to buy all shares outstanding of Houston-based Transmeridian for $3 a share. In yesterday’s trading, TMY traded a volume of 2,821,161 shares within the range of 1.94 – 2.22, following a break-out last Dec. 31 after the merger agreement announcement. A pullback in prices was reflected in yesterday’s daily chart after a sharp breakout in price was registered last Monday creating a technical gap between Friday’s close at 1.40 and Monday’s open at 2.39, indicating a strong bullish signal or upward trend reversal.
Meine letzte Order für die AMEX-Schlussauktion hat den Kurs auch ganz schön hochgetrieben...
1.91
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Bid Size
1000
Ask
1.95§
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Ask Size
4000
Recent Trades - Last 10
Time Ex Price Change Volume §
§19:51:41 Z 1.90 +0.31 1,000
§19:39:10 Z 1.90 +0.31 3,400
§18:50:51 Z 1.90 +0.31 100
§18:49:40 Z 1.95 +0.36 1,000
§18:38:47 Z 1.90 +0.31 900
§18:38:47 Z 1.90 +0.31 1,000
§18:30:03 Z 1.90 +0.31 100
§18:21:24 Z 1.84 +0.25 1,000
§17:54:11 Z 1.86 +0.27 100
§17:53:00 Z 1.85 +0.26 1,000
Transmeridian Exploration Provides Fourth Quarter Production and Sales Figures; Announces Investor Conference Call
2008-01-10 17:13 ET - News Release
HOUSTON, Jan. 10, 2008 (PRIME NEWSWIRE) -- Transmeridian Exploration Incorporated (AMEX:TMY) today provided preliminary fourth quarter production and sales figures. For the three months ended December 31, 2007, the company reported revenues of approximately $11.2 million, as compared to revenues of $8.9 million for the three months ended December 31, 2006.
For the three months ended December 31, 2007, the company produced, from its South Alibek field in western Kazakhstan, approximately 223,100 barrels ("Bbls") of crude oil, or an average of 2,425 Bbls per day ("Bopd"), as compared to 301,081 Bbls, or an average of 3,273 Bopd, for the three months ended December 31, 2006. For the three months ended December 31, 2007, the company sold (by physical delivery to purchasers) approximately 178,900 Bbls of crude oil at an average price of $65.88 per Bbl, as compared to 285,262 Bbls, at an average price of $32.98 per Bbl, for the three months ended December 31, 2006.
Transmeridian will host a conference call at 10:00 a.m. Central Standard Time on Monday, January 14, 2008, to discuss fourth quarter 2007 operating results and to discuss the merger agreement recently entered into between the company and an affiliate of the company's Chairman and Chief Executive Officer, Lorrie T. Olivier, to purchase all of the company's outstanding shares of common stock for a price of $3.00 per share. Individuals who wish to participate in the conference call may do so by dialing 1-800-625-6164 in the United States or +1-706-634-7078 outside of the United States. The conference leader will be Earl W. McNiel, Vice President and Chief Financial Officer of Transmeridian.
...vielleicht ist die telco am montag eine weitere möglichkeit klar darzustellen, daß es etwas um EUR 1,20 zu kaufen und um EUR 2,05 zu verkaufen gibt ...
Ich sammle und sammle und sammle - aus deinem namen schließe ich, daß wir wohl zu den ganz wenigen zählen, die das bärenfell dann auch genießen wollen.
Viel Erfolg weiterhin ...
Transmeridian setzen! Nach dem Angebot zur Übernahme
bei 3 $, sollte diese Aktie binnen der nächsten Wochen auch diesen
Wert erreichen. Damit aber hat sie ein kurzfristiges Potential von ca. 80 %
mit hoher Sicherheit. "
Quelle: smallcap-investor von heute
34% - 81,85 usd – Verkauf über Pipeline netto – so niedrig, weil man nicht wusste, wann Produktion wieder gestartet wurde und man die Quote vorher beantragen muss
47% rail export – 69.66 usd
19% local – low 30usd range
aktuell 2-2,5k Produktion
ab januar – 80% über pipeline/ 20% local market
4 new wells
2 open
s23h – late dec. 4-500 bpd – 150-250 bpd
sa32 – januar – still cleaning up
beide nicht stimuliert
conserving cashflow
January/early feb. 2008 die anderen 2 quellen fertigstellen
Cash 6 mio. Usd
15-16 mio. Usd cashflow in q1
asset sales 2-5 mio. Usd
brick Fabrik – work still ongoing – complete by the end of march 2008
3 USD bid
"financing - just a matter of paperwork!!!!!!!!!!!!!!!!
Bis ende januar
private money is in place"
keine info, dass preferred bidder nicht mehr interessiert sind
preferred bidder – deren angebot hat eine reihe von forderungen enthalten, die mehrere monate zeit zur erfüllung erfordert hätten (goverment approval etc)
Fixkosten TMY 2,5 mio. usd pro monat
4,5-5% öl royalty
ein paar 100.000 usd für workovers
30-40.000 bpd über 25 Jahre – realistisches Produktionsziel für das South Alibek Feld
20 tage werktage angebotsfrist minimum bei Takeover bid
brent minus 15usd - Preis über pipeline
...die guten zahlen und forecasts werden wohl auch der grund sein, warum deren ceo das unternehmen "heimholt". und warum jemand etwas um 1,01 verkauft bei einem fixierten angebot von 2,05 (wechselkurs hin oder her) habe ich nicht verstanden. vielleicht sollte ich mich aber eher wieder auf sparbücher konzentrieren .... jedenfalls eine spannende geschichte.
danke für deine recherchen und das wrap up der telco...
Last update: 4:57 p.m. EST Jan. 31, 2008
HOUSTON, Jan 31, 2008 (PrimeNewswire via COMTEX) -- Transmeridian Exploration Incorporated (TMY) today announced that it has granted a time extension for satisfaction of the financing condition contained in its agreement to be acquired by Trans Meridian International, Inc. ("TMI"), a British Virgin Islands company formed by the company's Chairman and Chief Executive Officer, Lorrie T. Olivier. Pursuant to the extension, the company will have the right to terminate the merger agreement without liability to TMI at any time after February 15, 2008, if the financing condition is not satisfied.
As permitted by the terms of the definitive agreement with TMI, the company remains in communication with other interested parties. The merger agreement permits the company to solicit competing offers for the acquisition of the company until the financing condition to TMI's obligation to commence the tender offer contemplated by the merger agreement is satisfied.
Die Uhr läuft bis Freitag übernächster Woche!!!
any details? in den yahoo foren wird nur herumgegurkt, ob oder ob nicht ...
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