Warren Resources Inc. (
) has filed a universal Shelf Registration Statement with the
Securities and Exchange Commission to replace its previous shelf
registration statement, which expired in 2012.
The Shelf Registration Statement is intended to provide the
Company with flexibility to access the public capital markets in
order to respond to financing and business opportunities in the
future but does not obligate the Company to do so. Although the
Shelf Registration Statement relating to these securities has been
filed with the SEC, it has not yet become effective. If and when
the Shelf Registration Statement is declared effective by the SEC,
the Company may, from time to time, issue up to an aggregate of
$400 million of equity, debt or other types of securities through
one or more methods of distribution.
WRES is down 0.3% at $3.01 in a 52-week range of $2.08 -
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