Chaparral Energy Executes Restructuring Support Agreement for Comprehensive Balance Sheet Restructuring, Launches Solicitation for Prepackaged Plan of Reorganization and Voluntarily Files for Chapter 11 OKLAHOMA CITY, Aug. 17, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (the “Company” or “Chaparral”) announced today that the Company has entered into a Restructuring Support Agreement (“the Agreement”) with certain of its funded debtholders to pursue a prepackaged plan of reorganization (“Prepackaged Plan”) pursuant to which Chaparral will restructure its balance sheet by equitizing all...
Chaparral Energy Announces First Quarter 2020 Financial and Operational Results OKLAHOMA CITY, May 11, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP), (the “Company” or “Chaparral”) announced today its first quarter 2020 financial and operational results. The Company will hold its quarterly earnings call Tuesday, May 12, at 9 a.m. Central. Highlights Achieved first quarter 2020 production of 30.7 thousand barrels of oil equivalent per day (MBoe/d), exceeding the high end of guidanceReported net income of $4.9 million for the first quarter of 2020, or $0.11 per share, which...
Chaparral Energy Schedules First Quarter 2020 Earnings Release Date and Conference Call OKLAHOMA CITY, April 27, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) announced today it will issue its first quarter 2020 financial and operational results with the filing of its Form 10-Q report on Monday, May 11. The company will also host a conference call to discuss its results on Tuesday, May 12 at 9 a.m. Central. Interested parties may access the call toll-free at 833-557-0547 and ask for the Chaparral Energy conference call 10 minutes prior to the start time. The conference I...
Chaparral Energy Announces Changes in Senior Management OKLAHOMA CITY, April 20, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) (“Chaparral” or “the Company”) today announced changes in its senior leadership. On April 17, 2020, Scott Pittman resigned as Senior Vice President and Chief Financial Officer of Chaparral to pursue other interests. Mr. Pittman’s departure was not related to any disagreement with the Company or any matters relating to its operations, policies or practices. Chaparral intends to conduct a search to fill the vacancy in the Chief Financial Officer p...
Chaparral Energy Announces Fourth Quarter and Full Year 2019 Financial and Operational Results OKLAHOMA CITY, March 11, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP), (the “Company” or “Chaparral”) announced today its fourth quarter and full year 2019 financial and operational results. The Company will hold its quarterly earnings call Thursday, March 12, at 9 a.m. Central. Highlights Achieved fourth quarter 2019 production of 29.7 thousand barrels of oil equivalent per day (MBoe/d), exceeding the high end of guidancezº Delivered full year production, lease operating e...
Chaparral Energy Receives Continued Listing Standard Notice From NYSE OKLAHOMA CITY, March 05, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) (the “Company”) announced today that on February 28, 2020, the Company was notified by the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE. Under the NYSE’s rules, the Company has six months following receipt of the notification ...
Chaparral Energy Announces Year-end 2019 Conference Call and Participation in Investor Conference OKLAHOMA CITY, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) announced today it will issue its year-end 2019 financial and operational results with the filing of its Form 10-K report on Thursday, March 12. The company will also host a conference call to discuss its results that morning at 9 a.m. Central. Interested parties may access the call toll-free at 877-790-7727 and ask for the Chaparral Energy conference call 10 minutes prior to the start time. The conference...
Chaparral Energy Regains Compliance With NYSE Continued Listing Standard OKLAHOMA CITY, Jan. 13, 2020 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) announced today that it has received notification from the New York Stock Exchange (“NYSE”) that the Company has regained full compliance with all of the NYSE’s continued listing standards. The Company’s common stock continues to trade without interruption on the NYSE. “We are pleased to have regained full compliance with all NYSE listing requirements,” said Chaparral Chief Executive Officer Charles Duginski. “We remain focused on...
Chaparral Energy Announces Appointment of Charles Duginski as President, Chief Executive Officer and Director and Changes to the Board of Directors OKLAHOMA CITY, Dec. 23, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) today announced that its Board of Directors has appointed Charles “Chuck” Duginski as President and Chief Executive Officer, effective December 20, 2019. Mr. Duginski succeeds K. Earl Reynolds in those roles as Mr. Reynolds has resigned to pursue other interests. Mr. Duginski is also joining the Board of Directors as are Michael Kuharski and Mark “Mac” McFar...
Chaparral Energy Receives Continued Listing Standard Notice From NYSE OKLAHOMA CITY, Nov. 15, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) (the “Company”) announced today that on November 11, 2019, the Company was notified by the New York Stock Exchange (“NYSE”) that the average closing price of the Company’s shares of common stock had fallen below $1.00 per share over a period of 30 consecutive trading days, which is the minimum average share price for continued listing on the NYSE. Under the NYSE’s rules, the Company has six months following receipt of the notification t...
Chaparral Energy Announces Third Quarter 2019 Financial and Operational Results OKLAHOMA CITY, Nov. 11, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) announced today its third quarter 2019 financial and operational results. The company will hold its quarterly earnings call Tuesday, November 12, at 9 a.m. Central. Recent Highlights Achieved third quarter 2019 total production of 26.2 thousand barrels of oil equivalent per day (MBoe/d) and STACK production of 21.5 MBoe/d, despite ethane rejection elections which lowered production by 0.5 MBoe/d, both...
Chaparral Energy Schedules Third Quarter 2019 Earnings Release and Conference Call OKLAHOMA CITY, Oct. 08, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) today announced it will issue its third quarter 2019 financial and operational results with the filing of its Form 10-Q report on Tuesday, November 12. The company will also host a conference call to discuss its third quarter results that morning at 9 a.m. Central. Interested parties may access the call toll-free at 877-790-7727 and ask for the Chaparral Energy conference call 10 minutes prior to the start time. The confe...
Chaparral Energy Reaffirms $325 Million Borrowing Base OKLAHOMA CITY, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) announced today the company’s bank group has completed its regularly scheduled fall borrowing base redetermination and reaffirmed the borrowing base at $325 million. As of June 30, 2019 the company had approximately $33 million in cash and cash equivalents and $85 million drawn on the borrowing base. “Given the current market conditions, we are very pleased with the outcome of our fall borrowing base redetermination,” said Chaparral Chief Executi...
Chaparral Energy to Participate in Johnson Rice Energy Conference OKLAHOMA CITY, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) will be attending the 2019 Johnson Rice Energy Conference in New Orleans where it will hold one-on-one meetings on Wednesday, September 25. A copy of Chaparral’s most recent presentation is currently available on the investor page of its website at . About Chaparral Chaparral Energy (NYSE: CHAP) is an independent oil and natural gas exploration and production company headquartered in Oklahoma City. Founded in 1988, Chaparral is a pure-pl...
Chaparral Energy to Present at Barclays CEO Energy-Power Conference OKLAHOMA CITY, Aug. 27, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) will present at Barclays CEO Energy-Power Conference in New York City at 3:45 p.m. ET on Wednesday, September 4. The company will also hold one-on-one meetings throughout the day on Wednesday, September 4. A copy of Chaparral’s most recent presentation is currently available on the investor page of its website at . About Chaparral Chaparral Energy (NYSE: CHAP) is an independent oil and natural gas exploration and production company hea...
Chaparral Energy Announces Second Quarter 2019 Financial and Operational Results OKLAHOMA CITY, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) announced today its second quarter 2019 financial and operational results. The company will hold its quarterly earnings call Thursday, August 8, at 9 a.m. Central. Recent Highlights Achieved second quarter 2019 total production of 28.3 thousand barrels of oil equivalent per day (MBoe/d), 1.5 MBoe/d above midpoint and 0.8 MBoe/d above high end of guidance and a 36% increase from the first quarter of 2019Increased STACK prod...
Chaparral Energy to Present at EnerCom’s The Oil and Gas Conference OKLAHOMA CITY, July 31, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) today announced the company will present at EnerCom’s The Oil and Gas Conference in Denver at 8 a.m. Mountain on Wednesday, August 14. It will also hold one-on-one meetings throughout the day Tuesday and Wednesday, August 13 and 14. A copy of Chaparral’s most recent presentation is currently available on the investor page of its website at . About Chaparral Chaparral Energy (NYSE: CHAP) is an independent oil and natural gas exploration...
Chaparral Energy Schedules Second Quarter 2019 Earnings Release Date and Conference Call OKLAHOMA CITY, July 09, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) today announced it will issue its second quarter 2019 financial and operational results with the filing of its Form 10-Q report on Thursday, August 8. The company will also host a conference call to discuss its second quarter results that morning at 9 a.m. Central. Interested parties may access the call toll-free at 877-790-7727 and ask for the Chaparral Energy conference call 10 minutes prior to the start time. Th...
Chaparral Energy Joins Russell 3000® Index OKLAHOMA CITY, July 02, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) announced today the company was added to the Russell 3000® Index on July 1 as part of the 2019 Russell U.S. Indexes reconstitution. “Chaparral is pleased to be included in the Russell 3000® Index,” said Chaparral Chief Executive Officer Earl Reynolds. “Our commitment to the strategic, low-cost development of our high-return STACK assets and consistent operational execution has enabled Chaparral to be in the position to be added to the index. We are now eligible ...
Chaparral Energy Announces Robust Results from Recent Canadian County Spacing Tests OKLAHOMA CITY, May 28, 2019 (GLOBE NEWSWIRE) -- Chaparral Energy, Inc. (NYSE: CHAP) today announced an operational update for its recent 11-well cube style, co-development Foraker spacing test, as well as its three-well Denali partial spacing test in Canadian County. The company also announced participation in several upcoming investor conferences. Recent Highlights • Continued excellent performance from drilling and completion capital program wells has increased total company production to more than 28...
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