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Tags Credit agrmnt [a] Asset disposition Quarterly results Acq. announced Director departure
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VINE ENERGY INC. (VEI)
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Create: Alert |
All | News | Filings
Date Filed | Type | Description |
07/01/2021 |
8-K
| Credit agreement amendment, Resignation/termination of a director
Docs:
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"UNITED STATES SECURITIES AND EXCHANGE COMMISSION",
"Second Amendment to Credit Agreement, among the Borrower, Morgan Stanley Senior Funding, Inc., as administrative agent and collateral agent, and the several lenders party thereto",
"Employment Agreement by and between Eric D. Marsh and Vine Energy Inc.",
"Employment Agreement by and between David M. Elkin and Vine Energy Inc.",
"Employment Agreement by and between Wayne B. Stoltenberg and Vine Energy Inc.",
"Employment Agreement by and between Jonathan C. Curth and Vine Energy Inc.",
"Vine Energy Inc. Announces Amendment to Second Lien Term Loan PLANO, Texas— Vine Energy Inc. announced that its subsidiary, Vine Energy Holdings LLC, has amended its second lien term loan agreement to effectively reduce the amount of future natural gas production that is required to be subject to hedging. Specifically, for the 24-month period following the original closing date, and for the 24-month period following the delivery of either an annual or mid-year reserve report, 70% of expected production from proved developed producing reserves is now required to be hedged. Previously, 70% of total expected production was required to be hedged. Commenting on the amendment to the Company's second lien term loan agreement, Chairman, President & CEO Eric Marsh stated, “This amendment meaningful..." |
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