HOUSTON, Sept. 17, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it has retained Lazard and Weil, Gotshal & Manges LLP to advise Paragon on strategic alternatives related to its capital structure. Forward-Looking Disclosure Statement This release contains forward-looking statements. Statements regarding [...]
HOUSTON, Sept. 14, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it issued a report on drilling rig status and contract information as of September 14, 2015. The report, titled "Fleet Status Report," can be found on the Company's website at www.paragonoffshore.com, under the "Our Fleet" section of the [...]
HOUSTON, Sept. 3, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it had borrowed approximately $332 million under its senior secured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders and other parties party thereto, which represented substantially all of the [...]
HOUSTON, Aug. 26, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that Steven A. Manz, Senior Vice President and Chief Financial Officer of Paragon, will present at the Pareto Securities Oil & Offshore Conference in Oslo, Norway beginning at 5:10 p.m. Central European Time on Wednesday, September 2, 2015 [...]
HOUSTON, Aug. 12, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) today reported second quarter 2015 net income of $47.3 million, or $0.51 per diluted share as compared to second quarter 2014 net income of $95.0 million, or $1.12 per diluted share. Results for the quarter include a $4.1 million, or $0.04 per diluted share, loss [...]
HOUSTON, Aug. 10, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it issued a report on drilling rig status and contract information as of August 10, 2015. The report, titled "Fleet Status Report," can be found on the Company's website at www.paragonoffshore.com, under the "Our Fleet" section of the website [...]
HOUSTON, Aug. 7, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) today announced that it had received a letter from The New York Stock Exchange (the "NYSE") notifying it that, for 30 consecutive trading days, the price for Paragon's common shares was below the minimum $1.00 per share requirement for continued listing on the NYSE [...]
HOUSTON, July 24, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) today announced that certain wholly owned subsidiaries of the company, which were part of the company's acquisition of Prospector Offshore Drilling S.A. ("Prospector"), have closed the combined $300 million sale-leaseback financing facility that was announced on [...]
HOUSTON, July 21, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it plans to report financial results for the second quarter 2015 on Wednesday, August 12, 2015, after the close of trading on the New York Stock Exchange. Copies of Paragon's earnings release will be available on its website at [...]
HOUSTON, July 13, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that it issued a report on drilling rig status and contract information as of July 13, 2015. The report, titled "Fleet Status Report," can be found on the Company's website at www.paragonoffshore.com, under the "Our Fleet" section of the website [...]
HOUSTON, June 15, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) announced today that Lee M. Ahlstrom, Senior Vice President – Investor Relations, Strategy and Planning of Paragon, will present at the Global Hunter Securities 100 Energy Conference 2015 in Chicago, Illinois at 4:00 p.m. U.S. Central Time on Tuesday, June 23 [...]
HOUSTON, June 4, 2015 /PRNewswire/ -- Paragon Offshore plc ("Paragon") (NYSE: PGN) today announced that certain wholly owned subsidiaries of the company, which were part of the company's acquisition of Prospector Offshore Drilling S.A. ("Prospector"), have entered into a combined $300 million sale-leaseback financing facility with subsidiaries of [...]