DENVER and HOUSTON, Aug. 14, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) today reported financial and operating results for the three and six months ended June 30, 2014. The Company had a net loss attributable to common stock of $4.0 million, or $(0.29) per share, for the second quarter of 2014, as compared to a net loss of [...]
DENVER, June 10, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) reported today that its Board of Directors declared a cash dividend on its 9.25% Series A Cumulative Preferred Stock ("Series A Preferred Stock") in the amount of $0.578125 per share, payable on June 30, 2014 to stockholders of record as of June 20, 2014. The Series A [...]
DENVER, June 4, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) today announced that it has entered into a letter agreement (the "Letter Agreement') to jointly initiate the development, construction and operations of a gas-to-liquids ("GTL") plant to be located in Cheyenne, Wyoming (the "GTL Plant"). Escalera Resources Co. ("Escalera" or [...]
HOUSTON and DENVER, May 27, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) today announced that it will be presenting at the Independent Petroleum Association of American (IPAA) Oil & Gas Symposium in Toronto, ON. The presentation will be on Thursday, June 5, 2014 at 4:50 PM ET (2:50 PM MT; 1:50 PM PT). Mr. Charles Chambers, President [...]
DENVER, May 15, 2014 /PRNewswire/ -- Escalera Resources Co. (NASDAQ: ESCR) today reported its financial and operating results for the first quarter ended March 31, 2014. The Company had a net loss attributable to common stock of $5,317,000, or $(0.45) per share, for the first quarter of 2014, as compared to a net loss of $6,107,000, or $(0.54) per [...]
DENVER and HOUSTON, April 14, 2014 /PRNewswire/ -- Escalera Resources Co. today announced that its Board of Directors (the "Board") nominated Susan G. Reeves to be on the slate of directors to be presented for stockholder approval at the Company's 2014 Annual Meeting of Stockholders. In addition, Mr. Sigmund Balaban has announced his retirement [...]
DENVER and HOUSTON, April 7, 2014 /PRNewswire/ -- Escalera Resources Co. is pleased to announce the appointment of Mr. Neil Bush to the Company's Board of Directors effective April 3, 2014. Mr. Neil Bush Mr. Neil Bush is the son of President and Mrs. George H.W. Bush. Mr. Bush has been involved in both the energy industry and international [...]
DENVER and HOUSTON, April 3, 2014 /PRNewswire/ -- Escalera International Co. LLC, a subsidiary of Escalera Resources Co. (formerly Double Eagle Petroleum) (NASDAQ: ESCR), announced today it has signed a Memorandum of Understanding ("MOU") to enter into an Energy Joint Venture headquartered in Tirana, Albania. The purpose of the proposed joint [...]
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