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Last $0.02 USD
Change Today +0.0057 / 31.15%
Volume 652.9K
SOGCQ On Other Exchanges
Symbol
Exchange
OTC US
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

sabine oil & gas corp (SOGCQ) Snapshot

Open
$0.02
Previous Close
$0.02
Day High
$0.03
Day Low
$0.02
52 Week High
09/2/14 - $1.65
52 Week Low
07/15/15 - $0.01
Market Cap
5.1M
Average Volume 10 Days
371.5K
EPS TTM
$-3.38
Shares Outstanding
213.2M
EX-Date
09/3/91
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SABINE OIL & GAS CORP (SOGCQ)

sabine oil & gas corp (SOGCQ) Related Businessweek News

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sabine oil & gas corp (SOGCQ) Details

Sabine Oil & Gas Corporation, an independent oil and natural gas company, engages in the acquisition, exploration, exploitation, and development of oil and natural gas properties onshore in the United States. As of December 31, 2014, the company had interests in approximately 219,200 net acres in East Texas, targeting the Cotton Valley Sand, Haynesville Shale, and Pettet formations; 58,700 net acres in South Texas, prospective for the Eagle Ford Shale formation; and 36,900 net acres in North Texas, targeting the Granite Wash formation. It had proved undeveloped reserves totaled approximately 6 million barrels (MMBbls) of oil and 17 MMBbls of natural gas liquids, as well as 469 billion cubic feet of natural gas, for a total of 612 billion cubic feet equivalent. The company was founded in 2006 and is headquartered in Houston, Texas. On July 15, 2015, Sabine Oil & Gas Corporation along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.

289 Employees
Last Reported Date: 03/31/15
Founded in 2006

sabine oil & gas corp (SOGCQ) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $469.5K
Senior Vice President of Asset Development
Total Annual Compensation: $376.0K
Compensation as of Fiscal Year 2014.

sabine oil & gas corp (SOGCQ) Key Developments

Timothy D. Yang Resigns as Senior Vice President, Land & Legal, General Counsel, Chief Compliance Officer and Secretary of Sabine Oil & Gas Corporation

On July 20, 2015, Timothy D. Yang resigned from his position as senior vice president, land & legal, general counsel, chief compliance officer and secretary of Sabine Oil & Gas Corporation, effective July 24, 2015, to pursue other opportunities. Mr. Yang's resignation did not result from any disagreement with the company regarding any matter related to the company's operations, policies or practices.

Sabine Oil & Gas Corporation will Change its Ticker to SOGCQ from SOGC

Effective July 16, 2015, Sabine Oil & Gas Corporation will change its Pink Sheets LLC stock ticker symbol to SOGCQ from SOGC.

Sabine Oil Reviews Alternatives

David Sambrooks, President and Chief Executive Officer of Sabine Oil & Gas Corporation (OTCPK:SOGC.Q), said, "The actions we are announcing today represent an important step forward in our efforts to strengthen the Company's capital structure. Following a comprehensive review of our alternatives, the Board of Directors and management team determined that this process would produce the best outcome for Sabine and its stakeholders. Undertaking this process provides an orderly path forward to better align the Company's balance sheet with changing market dynamics."

 

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