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CROSS BORDER RESOURCES, INC. Form 8-K: Current report

CROSS BORDER RESOURCES, INC. Form 8-K: Current report

Filings on SEC EDGAR, newest first; amendments sit with their base form. Values are as filed.

  • 2015-08-14: Form 8-K/A; Period of report 2015-03-11; Description 9.01 Financial Statements and Exhibits; Details 9.01.
  • 2015-04-28: Form 8-K; Period of report 2015-03-11; Description 1.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; Details 1.01.
  • 2014-08-27: Form 8-K; Period of report 2014-08-26; Description 1.01 Entry into a Material Definitive Agreement; Details 1.01.
  • 2013-04-12: Form 8-K; Period of report 2013-04-12; Description 7.01 Regulation FD Disclosure; Details 7.01.
FiledFormPeriod of reportDescriptionDetailsDocument
2015-08-148-K/A2015-03-119.01 Financial Statements and Exhibits9.01 (b) Pro Forma Financial Information.xbor-8ka_031115.htm
2015-04-288-K2015-03-111.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets1.01 Entry into a Material Definitive Agreement.
2.01 The information set forth in Item 1.01 above with respect to the PSA is incorporated herein by reference.
xbor-8k_031115.htm
2014-08-278-K2014-08-261.01 Entry into a Material Definitive Agreement1.01 Entry into a Material Definitive Agreement.xbor-8k_082614.htm
2013-04-128-K2013-04-127.01 Regulation FD Disclosure7.01 On April 12, 2013, Red Mountain Resources, Inc. (“RMR”), the parent company of Cross Border Resources, Inc. (the “Company”), issued a press release on the RMR website (http://redmountainresources.com/news/press-releases) providing an operations update for all of its subsidiaries, including the Company.xbor-8k_041213.htm
2013-03-078-K/A2013-02-281.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities1.01 On February 28, 2013, Cross Border Resources, Inc. (the “Company”) entered into letter agreements (the “Letter Agreements”) with each of Frank James and Ralph Perry (each a “Creditor”) for amounts owed to each such Creditor under a plan of reorganization (“Plan”) for Pure Energy Group, Inc. (“Pure Sub”), the Company’s predecessor, approved by the United States Bankruptcy Court.
3.02 In connection with the Letter Agreements, the Company agreed to issue an aggregate of 422,650 shares of its common stock to Red Mountain in consideration of Red Mountain issuing its shares to the Creditors.
cbx-8k_022813.htm
2013-03-068-K2013-02-281.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities1.01 On February 28, 2013, Cross Border Resources, Inc. (the “Company”) entered into letter agreements (the “Letter Agreements”) with each of Frank James and Ralph Perry (each a “Creditor”) for amounts owed to each such Creditor under a plan of reorganization (“Plan”) for Pure Energy Group, Inc. (“Pure Sub”), the Company’s predecessor, approved by the United States Bankruptcy Court.
3.02 In connection with the Letter Agreements, the Company agreed to issue an aggregate of 422,650 shares of its common stock to Red Mountain in consideration of Red Mountain issuing its shares to the Creditors.
cbx-8k_022813.htm
2013-02-118-K2013-02-051.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant1.01 On February 5, 2013, Cross Border Resources, Inc. (“Cross Border”) entered into a Senior First Lien Secured Credit Agreement (the “Credit Agreement”) with Red Mountain Resources, Inc. (“Red Mountain”), Black Rock Capital, Inc. (“Black Rock”) and RMR Operating, LLC (“RMR Operating,” and together with Cross Border, Red Mountain and Black Rock, jointly and severally, the “Borrowers”) and Independent Bank, as Lender (the “Lender”).
2.03 The information set forth in Item 1.01 relating to the Credit Agreement is hereby incorporated by reference into this Item 2.03.
xbor-8k_021113.htm
2012-12-198-K2012-12-181.01 Entry into a Material Definitive Agreement1.01 Entry into a Material Definitive Agreement.v330551_8k.htm
2012-12-058-K2012-11-295.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of certain Officers; Compensatory Arrangements of Certain Officers.v329835_8k.htm
2012-11-088-K2012-11-073.02 Unregistered Sales of Equity Securities; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers3.02 On November 7, 2012, Cross Border Resources, Inc. (the “Company”) issued 150,000 shares (the “Shares”) of its common stock to Everett Willard Gray II, in full satisfaction of any remaining amounts owed to Mr. Gray by the Company pursuant to Mr. Gray’s employment agreement with the Company, dated as of January 31, 2011 and amended as of March 6, 2012 and April 20, 2012 (as amended, the “Employment Agreement”).
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of certain Officers; Compensatory Arrangements of Certain Officers.
v327725_8k.htm
2012-08-288-K2012-08-234.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review4.02 On August 23, 2012, the Audit Committee of Cross Border Resources, Inc., a Nevada corporation (the “Company”), became aware of certain misapplications of generally accepted accounting principles (“GAAP”) related to the financial statements and corresponding footnotes in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2011 and its Quarterly Report on Form 10-Q for the quarter ended March 31, 2012 (the “Prior Reports”).v322494_8k.htm
2012-08-178-K2012-08-178.01 Other Events8.01 On August 17, 2012, Cross Border Resources, Inc. issued a press release announcing the sale of its Wolfberry Assets located in the Texas counties of Dawson, Howard, Martin and Borden and providing an update on its current state of operations.v321914_8k.htm
2012-08-028-K2012-07-275.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.07 Submission of Matters to a Vote of Security Holders5.02 On July 27, 2012, Nancy Stephenson tendered a letter of resignation to the board of directors (the “Board”) of Cross Border Resources, Inc. (the “Company”), pursuant to which she resigned as the Chief Accounting Officer, Treasurer and Secretary of the Company, effective July 31, 2012.
5.07 The Company held its annual meeting of stockholders on July 31, 2012.
v320224_8k.htm
2012-06-018-K2012-06-015.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year5.02 Cross Border Resources, Inc. (the “Company”) appointed Earl Sebring as its Interim President, effective as of June 1, 2012.
5.03 The Company’s Board of Directors unanimously adopted amendments to the Company’s Bylaws deleting Article XIII – Acquisition of a Controlling Interest (“Article XIII”) and amending Article III, Section 13, effective as of June 1, 2012.
v315051_8k.htm
2012-05-168-K2012-05-141.01 Entry into a Material Definitive Agreement1.01 Entry into a Material Definitive Agreement.v313692_8k.htm
2012-05-098-K2012-05-081.01 Entry into a Material Definitive Agreement; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 The information included in Item 1.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02 of this Current Report on Form 8-K to the extent required.v312202_8k.htm
2012-04-248-K2012-04-201.01 Entry into a Material Definitive Agreement; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.07 Submission of Matters to a Vote of Security Holders; 8.01 Other Events5.02 Effective on the Change of Control Date and simultaneous with the dismissal of the Action, Everett Willard Gray, II, Lawrence J. Risley, and Brad E. Heidelberg will resign from the Board of Directors of Cross Border.
5.07 As a result of the execution of the Settlement Agreement (the terms of which are described above), written consents solicited by Red Mountain in favor of its proposals set forth in its consent solicitation statement dated March 14, 2012 and delivered to the Company on April 5, 2012 have been withdrawn and therefore will not have any effect.
v310336_8k.htm
2012-04-048-K2012-04-045.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On April 4, 2012, the Board approved an increase in the salary payable to Nancy S. Stephenson, the Company’s Chief Accounting Officer, Treasurer and Secretary.v308561_8k.htm
2012-03-198-K2012-03-162.02 Results of Operations and Financial Condition2.02 On March 16, 2012, the Company issued a press release announcing its fourth quarter and fiscal 2011 financial results.v306442_8k.htm
2012-03-168-K2012-03-168.01 Other Events8.01 On Friday, March 16, at 12:00 noon (EDT), the Company hosted a conference call to discuss the Company’s financial results as reported in its 10-K filed on March 15, 2012.v306292_8k.htm
2012-03-068-K2012-03-011.01 Entry into a Material Definitive Agreement; 1.02 Termination of a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers1.02 As described under Item 1.01, the Company used $3,295,000 from the increased borrowing base from TCB to redeem the Pure Debentures issued pursuant to that certain Trust Indenture dated as of March 1, 2005, from Pure Energy and Pure Gas, as Issuer, to First Security Bank, as Trustee and Paying Agent (the “Trust Indenture”) filed as Exhibit 4.1 to the Current Report on Form 8-K filed on January 7, 2011.v304886_8k.htm
2012-02-288-K2012-02-273.03 Material Modification to Rights of Security Holders; 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; 8.01 Other Events5.03 Effective February 27, 2012, the Board of Directors of Cross Border Resources, Inc. (the “Company”) unanimously adopted an amendment to the Company’s Bylaws amending Article III, Section 13 to provide that stockholders may not act by written consent.
8.01 The Company has scheduled its 2012 annual meeting of stockholders for May 9, 2012.
v304103_8k.htm
2011-12-198-K2011-12-161.02 Termination of a Material Definitive Agreement; 8.01 Other Events1.02 On November 22, 2011, Cross Border Resources, Inc. (“Cross Border” or the “Company”) entered into a letter of intent (the “LOI”) with American Standard Energy Corp. (“American Standard”) which memorialized American Standard’s intent to acquire Cross Border and granted to American Standard the exclusive right to enter into such a transaction with Cross Border between November 22, 2011 and January 31, 2012.
8.01 On December 12, 2011, Red Mountain Resources, Inc. and Black Rock Capital, Inc., as direct and indirect shareholders of the Company, filed a lawsuit against the Company in the District Court of Clark County, Nevada as Case No. A-11-653-089-B. The plaintiffs have asked the Court (i) to order the Company to hold an annual shareholders’ meeting for the purpose of electing directors, and (ii) to declare that the solicitation or securing of proxies pursuant to a proxy solicitation made in accordance with the law shall not constitute or be deemed an “Association” as such term is defined in the Amendment to Bylaws recently adopted by the Company’s Board of Directors.
v243392_8k.htm
2011-11-238-K2011-11-221.01 Entry into a Material Definitive Agreement1.01 On November 22, 2011, Cross Border Resources, Inc. (“Cross Border”) entered into a letter of intent (the “LOI”) with American Standard Energy Corp. (“American Standard”) which memorialized American Standard’s intent to acquire Cross Border (the “Proposed Business Combination”) and granted to American Standard the exclusive right to enter into such a transaction with Cross Border between November 22, 2011 and January 31, 2012 (the “Term”).v241631_8k.htm
2011-11-168-K2011-11-142.02 Results of Operations and Financial Condition; 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year2.02 On November 14, 2011, the Company issued a press release announcing its third quarter 2011 results.
5.03 Effective November 14, 2011, the Board of Directors of the Company unanimously adopted an amendment to the Company’s Bylaws adding Article XIII – Acquisition of a Controlling Interest (the “Amendment”).
v240974_8k.htm
2011-10-178-K2011-10-145.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersv237404_8k.htm
2011-08-168-K2011-08-152.02 Results of Operations and Financial Condition2.02 On August 15, 2011, the Company issued a press release announcing its Second Quarter 2011 results.v232380_8k.htm
2011-08-118-K2011-08-055.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 Effective August 5, 2011, P. Mark Stark resigned from serving as the Company’s Principal Financial Officer, Secretary and Treasurer to pursue other business interests.v231741_8k.htm
2011-07-218-K2011-07-128.01 Other Events8.01 On July 12, 2011, Cross Border Resources Inc. (the "Company") entered into an agreement with Rodman & Renshaw ("R&R") under which R&R will serve as their exclusive financial advisor for the Company in connection with any transaction or related series or combination of transactions involving a purchase or sale of assets or of outstanding stock or a merger, acquisition or other business combination, with certain exclusions.v229255_8k.htm
2011-06-228-K2011-06-228.01 Other Events8.01 Cross Border Resources has updated its Corporate Presentation which can be found at www.xbres.com.v226657_8k.htm
2011-06-168-K2011-06-158.01 Other Events8.01 Beginning on June 15, 2011, the common stock of Cross Border Resources, Inc. will be traded on the OTC market’s highest tier, OTCQX U.S. Premier, under its current ticker symbol XBOR.v226072_8k.htm
2011-06-038-K2011-03-311.01 Entry into a Material Definitive Agreement1.01 On May 31, 2011, the Company entered into a Separation Agreement and Release with BDR, Inc. (the “Separation Agreement”).v224861_8k.htm
2011-05-278-K2011-05-233.02 Unregistered Sales of Equity Securities3.02 On May 23, 2011, Cross Border Resources, Inc. (the “Company”) entered into a definitive stock purchase agreement to sell an aggregate of 3,600,000 units.v224244_8k.htm
2011-04-288-K2011-04-261.01 Entry into a Material Definitive Agreement1.01 On April 26, 2011, Cross Border Resources, Inc. (the “Company”) entered into a Loan Agreement with Green Shoe Investments Ltd. (“Green Shoe”), and the Company executed and delivered a Promissory Note to Green Shoe in connection therewith.v219943_8k.htm
2011-04-078-K/A2011-01-039.01 Financial Statements and Exhibits9.01 The audited consolidated financial statements of Pure Gas Partners, L.P. and subsidiaries as of December 31, 2010 and 2009, and for the years then ended, are filed as Exhibit 99.1 to this Current Report on Form 8-K/A and incorporated in their entirety by reference.v217786_8ka.htm
2011-03-258-K2011-03-241.01 Entry into a Material Definitive Agreement1.01 On March 24, 2011, Cross Border Resources, Inc. (the “Company”) entered into an Employment Agreement with Everett Willard “Will” Gray II (the “Gray Employment Agreement”) to serve as the Company’s Chairman and Chief Executive Officer.v216031_8k.htm
2011-02-118-K/A2011-01-039.01 Financial Statements and Exhibits9.01 (a) Financial Statements of Businesses Acquired.v210877_8k.htm
2011-02-088-K2011-01-311.01 Entry into a Material Definitive Agreement1.01 On January 31, 2010, Cross Border Resources, Inc. (the “Company”) entered into an amended and restated credit agreement (the “Credit Agreement”) with Texas Capital Bank, N.A. (“TCB”).v210310_8k.htm
2011-01-198-K/A2011-01-039.01 Financial Statements and Exhibitsform8ka.htm
2011-01-078-K2011-01-032.01 Completion of Acquisition or Disposition of Assets; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; 3.02 Unregistered Sales of Equity Securities; 4.01 Changes in Registrant's Certifying Accountant; 5.01 Changes in Control of Registrant; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year2.01 Effective January 3, 2011, Cross Border Resources, Inc. (formerly Doral Energy Corp.) (the “Company”) completed the acquisition of Pure Energy Group, Inc. (“Pure Sub”) as contemplated pursuant to the Agreement and Plan of Merger dated December 2, 2010 (the “Pure Merger Agreement”) among the Company, Doral Acquisition Corp., the Company’s wholly owned subsidiary (“Doral Sub”), Pure Gas Partners II, L.P. (“Pure”) and Pure Sub, a wholly owned subsidiary of Pure L.P (Pure Sub and Pure L.P. being collectively referred to herein as the “Pure Energy Group”).
2.03 Upon completion of the Pure Merger, effective January 3, 2011, and the merger of Doral Sub into the Company, effective January 4, 2011, in addition to acquiring all of the rights, properties and assets of Pure Sub, the Company assumed all of the debts, liabilities and obligations of Pure Sub, including the rights and obligations of Pure Sub under the 7 ½% Debentures, Series 2005 (the “Pure Debentures”) issued by the Pure Energy Group in March 2005.
3.02 Effective January 3, 2011, in connection with the closing of the Pure Merger, the Company issued an aggregate of 9,981,536 shares of the Company’s common stock to Pure L.P. These shares were issued in reliance of Rule 506 of Regulation D of the Securities Act of 1933, as amended (the “Securities Act”).
4.01 The merger and acquisition of Pure Sub is expected to be treated as a “reverse acquisition” for financial reporting and accounting purposes.
5.01 Effective January 3, 2011, upon completion of the Pure Merger described above, the Company issued an aggregate of 9,981,536 shares of the Company’s common stock to Pure L.P. As a result, Pure L.P. now owns approximately 80% of the Company’s total issued and outstanding shares of common stock on a fully diluted basis, resulting in a change in control of the Company.
5.02 Everett Willard Gray, II resigned as the Company’s President, Chief Financial Officer and Treasurer upon closing of the Pure Merger.
5.03 Effective January 4, 2011, the Company changed its name from “Doral Energy Corp.” to “Cross Border Resources, Inc.” (the “Name Change”).
form8k.htm
2010-12-298-K2010-12-275.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year5.03 Effective December 27, 2010, Doral Energy Corp. (the "Company") completed a 1-for-55 reverse split of its common stock in accordance with Article 78.207 of the Nevada Revised Statutes (the “Reverse Split”).form8k.htm
2010-12-068-K2010-12-021.01 Entry into a Material Definitive Agreement1.01 On December 2, 2010, Doral Energy Corp. (the “Company”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Pure Gas Partners II, L.P. (“Pure”) and Pure Energy Group, Inc., a wholly owned subsidiary of Pure (“Pure Sub”).form8k.htm
2010-12-018-K2010-11-241.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities1.01 On November 24, 2010, Doral Energy Corp. (the “Company”) entered into an agreement (the “WS Settlement Agreement”) with WS Oil & Gas Limited (“WS Oil”) to settle all amounts payable under the terms of the convertible promissory note issued to WS Oil on August 24, 2009 (the “WS Oil Note”).
3.02 On November 24, 2010, Doral Energy Corp. (the “Company”) agreed to sell to WS Oil & Gas Limited (“WS Oil”) 20,000,000 shares of its common stock at a price of $0.02 per share (equal to the average closing price of the Company’s common stock for the 20 trading days prior to the date of sale) or $400,000 in the aggregate.
form8k.htm
2010-10-218-K2010-10-214.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review4.02 Doral Energy Corp. (the “Company”) has determined that the accounting treatment of the “assets held for sale” reported in the Company’s unaudited financial statements for the interim period ended April 30, 2010 to be the incorrect accounting treatment.form8k.htm
2010-10-018-K2010-09-011.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities1.01 On September 16, 2010, Doral Energy Corp. (the “Company”) executed debt settlement agreements (the “Debt Settlement Agreements”) with War Chest Multi-Strategy Fund, LLC (“War Chest”) and Barclay Lyons, LLC (“Barclay”) to settle outstanding indebtedness of $25,000 owed to each.
3.02 On September 1, 2010, Doral Energy Corp. (the “Company”) issued a convertible note (the “AFLP Note”) to the Angirekula Family Limited Partnership (“AFLP”) in the amount of $50,000.
form8k.htm
2010-07-308-K2010-07-285.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On July 28, 2010, Doral Energy Corp. (the "Company") amended its 2009 Stock Incentive Plan adopted on April 29, 2009 (the "2009 Plan") to increase the maximum number of shares of common stock available for issuance under the plan from 8,500,000 post-split shares to 14,500,000 shares.form8k.htm
2010-07-068-K2010-06-302.01 Completion of Acquisition or Disposition of Assets2.01 On June 30, 2010, Doral Energy Corp. (the “Company”) completed the acquisition of 6,800 acres of operated producing oil and gas assets (the “Stearns Properties”) located in Chavez County and Roosevelt County, New Mexico from John R. Stearns and John R. Stearns Jr. The total purchase price for the Stearns Properties was $1,700,000.form8k.htm
2010-06-188-K2010-06-141.01 Entry into a Material Definitive Agreement1.01 On June 14, 2010, Doral Energy Corp. (the “Company”) entered into a purchase and sale agreement (the “Stearns Agreement”) to purchase certain oil and gas properties (the “Stearns Properties”) located in Chavez County and Roosevelt County, New Mexico for a purchase price of $1,700,000, subject to the customary adjustments.form8k.htm
2010-06-108-K2010-06-045.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 On June 4, 2010, the Board of Directors of Doral Energy Corp. (the “Company”) appointed Brad Heidelberg as a director to fill the vacancy created by the resignation of Paul C. Kirkitelos on March 31, 2010.form8k.htm
2010-05-068-K2010-04-301.01 Entry into a Material Definitive Agreement1.01 On April 30, 2010, Doral Energy Corporation (the “Company”) entered into an agreement (the “Purchase and Sale Agreement”) with Alamo Resources LLC (“Alamo”) to sell to Alamo all of the Company’s oil and gas properties located in Eddy County, New Mexico (the “Properties”).form8k.htm
2010-04-068-K2010-03-315.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 Effective March 31, 2010, Paul C. Kirkitelos resigned as the Chairman of the Board and Director of Doral Energy Corp. (the “Company”), for personal reasons.form8k.htm
2010-02-088-K2010-02-085.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers5.02 Effective February 8, 2010, Paul C. Kirkitelos resigned as the Chief Financial Officer, Treasurer and Secretary of Doral Energy Corp. (the “Company”).form8k.htm
2009-11-108-K2009-11-044.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review4.02 Doral Energy Corp. (the “Company”) has corrected an overvaluation of the net profit royalty interest (the “NPORRI”) granted in connection with the Company’s $50,000,000 Senior First Lien Secured Credit Agreement with Macquarie Bank Limited.form8k.htm
2009-11-038-K2009-10-281.01 Entry into a Material Definitive Agreement1.01 On October 28, 2009 Doral Energy Corp. (the “Company”) has, through its wholly owned subsidiary, Doral West Corp., entered into an agreement (the “Blugrass Agreement”) with Blugrass Energy Inc. (“Blugrass”) to purchase a 40% interest in certain oil and gas properties (the “Cave Pool Unit Properties”) located in and around the Cave Pool Unit located in Eddy County, New Mexico.form8k.htm
2009-10-078-K2009-10-058.01 Other Events8.01 Doral Energy Corp. (the “Company”) has become aware of a report dated October 5, 2009 prepared by Charlie Buck and “Win Before You Buy”.form8k.htm
2009-09-228-K2009-09-228.01 Other Events8.01 Doral Energy Corp. (the “Company”) has become aware of recent reports on the Company prepared and circulated by Scott S. Fraser, the Ultimate Stock-Profit Compass, EGA Research, the Elite Stock Market Advisory and the Contrarian Press.form8k.htm
2009-09-148-K2009-09-145.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure5.03 Effective September 14, 2009, Doral Energy Corp. (the "Company") amended its Articles of Incorporation in accordance with Article 78.207 of Chapter 78 of the Nevada Revised Statutes by increasing its issued and authorized capital on a 5-for-1 basis.
7.01 Effective September 14, 2009, as a result of the 5-for-1 forward split, the Company’s trading symbol has been changed from "DEGY" to “DRLY”.
form8k.htm
2009-09-028-K2009-08-311.01 Entry into a Material Definitive Agreement1.01 On August 31, 2009, Doral Energy Corp. (the “Company”) and Macquarie Bank Limited (“Macquarie”) entered into an agreement (the “Forbearance Agreement”) pursuant to which Macquarie agreed to forbear from exercising any of its remedies under the terms of its $50,000,000 Senior First Lien Secured Credit Agreement (the “Macquarie Credit Agreement”) with the Company until October 15, 2009.form8k.htm
2009-08-288-K2009-08-242.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant2.03 On August 24, 2009, Doral Energy Corp. (the “Company”) issued a convertible promissory note (the “Note”) in the principal amount of $250,000 to W.S. Oil and Gas Limited, a limited partnership controlled by Everett Willard Gray, II, the Company’s Vice Chairman and Chief Executive Officer, in consideration for a loan from W.S. Oil and Gas in the principal amount of the Note.form8k.htm
2009-08-208-K2009-08-117.01 Regulation FD Disclosure7.01 On August 11, 2009, the Board of Directors of Doral Energy Corp. (the “Company”) approved a five-for-one split of the Company’s common stock (the “Stock Split”).form8k.htm
2009-08-058-K2009-07-301.01 Entry into a Material Definitive Agreement; 8.01 Other Events1.01 On July 30, 2009, Doral Energy Corp. (the “Company”) entered into an agreement (the “Assignment Agreement”) whereby it agreed to assign its right to purchase three oil and gas properties (the “Miltex Properties”) located in Cochran County, Texas from Miltex Oil Company (“Miltex”).
8.01 On July 30, 3009, Macquarie Bank Limited (“Macquarie”) agreed to forbear from exercising any of its remedies under the terms of its $50,000,000 Senior First Lien Secured Credit Agreement (the “Macquarie Credit Agreement”) with Doral Energy Corp. (the “Company”) as a result of the Company’s inability to repay the amounts owing under the Macquarie Credit Agreement.
form8k.htm
2009-07-078-K2009-07-011.02 Termination of a Material Definitive Agreement1.02 Doral Energy Corp. (the “Company”) did not complete its acquisition of Slape Oil Company, Inc. (“Slape Oil”) and Flaming S, Inc. (“Flaming S”) as scheduled.form8k.htm
2009-06-308-K2009-06-261.01 Entry into a Material Definitive Agreement1.01 On June 26, 2009, Doral Energy Corp. (the “Company”) extended the closing date of the Company’s proposed acquisition of three oil and gas leases located in Cochran County, Texas owned by Miltex Oil Company ("Miltex") to July 31, 2009.form8k.htm
2009-06-028-K2009-04-291.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant1.01 On May 21, 2009, Doral Energy Corp. (the “Company”) entered into agreements for the acquisition of Slape Oil Company, Inc. (“Slape Oil”) and Flaming S, Inc. (“Flaming S”).
2.03 On April 29, 2009, Doral Energy Corp. (the “Company”) borrowed $87,000 from Green Shoe Investments Ltd. The amount borrowed from Green Shoe is due on or before May 1, 2011, bears interest at a rate of 5% per annum, and is unsecured.
form8k.htm
2009-05-058-K2009-04-295.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 7.01 Regulation FD Disclosure5.02 Effective April 29, 2009, the Board of Directors of Doral Energy Corp. (the "Company") adopted the Company’s 2009 Stock Incentive Plan (the "2009 Plan").
7.01 Attached as Exhibit 99.1 to this Current Report on Form 8-K, and incorporated by reference herein, is a news release issued by Doral Energy Corp. (the “Company”) on April 30, 2009 regarding the entry by the Company into a letter of intent to purchase two oil and gas companies operating in the Permian Basin.
form8k.htm
2009-04-278-K2009-04-211.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities1.01 On April 21, 2009, Doral Energy Corp. (the “Company”) entered into an agreement to modify the terms of their letter agreement (the “Letter Agreement”) with Miltex Oil Company (“Miltex”) for the purchase of three oil and gas leases located in Cochran County, Texas (the “Cochran County Properties”).
3.02 On April 21, 2009, under the amended terms of the Letter Agreement described under Item 1.01 above, the Company has agreed to issue 25,000 shares of its common stock to Miltex.
form8k.htm
2009-04-068-K2009-03-311.01 Entry into a Material Definitive Agreement1.01 On March 31, 2009, the Company entered into an agreement to modify the terms of their letter agreement (the “Letter Agreement”) with Miltex Oil Company (“Miltex”) for the purchase of three oil and gas leases located in Cochran County, Texas (the “Cochran County Properties”).form8k.htm
2009-02-258-K2009-02-131.01 Entry into a Material Definitive Agreement; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; 3.02 Unregistered Sales of Equity Securities; 7.01 Regulation FD Disclosure1.01 On February 13, 2009 the Board of Directors of Doral Energy Corp. (the “Company”) entered into an amendment agreement (the "Amendment to Engagement Agreement") to the engagement agreement dated January 26, 2009 (the "Original Engagement Agreement") between the Company and C.K. Cooper & Company, Inc. ("CK Cooper").
2.03 The Company has entered into a loan agreement, dated as of February 24, 2009, (the “Green Shoe Loan Agreement”) with Green Shoe Investments Ltd. for $100,000.
3.02 Pursuant to the terms of the Amendment to Engagement Agreement as disclosed above, the total number of shares that the Company has agreed to issue to CK Cooper has been corrected to 50,000 shares of the Company's common stock.
7.01 The Company also announces that its Board of Directors has approved a private placement offering of up to $250,000.00 of 8% convertible notes for total potential proceeds of up to $250,000.00 (the “Offering”).
form8k.htm
2009-02-098-K2009-01-261.01 Entry into a Material Definitive Agreement; 3.02 Unregistered Sales of Equity Securities1.01 On January 26, 2009, Doral Energy Corp. (the “Company”) entered into an engagement agreement (the "Engagement Agreement") whereby the Company engaged C.K. Cooper & Company, Inc. ("CK Cooper") to act as its exclusive financial advisor.
3.02 On January 26, 2009, under the terms of the Engagement Agreement as disclosed under Item 1.01 above, the Company has agreed to issue 125,000 shares of its common stock to CK Cooper.
form8k.htm
2009-01-298-K2009-01-125.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure5.03 Effective January 12, 2009, Doral Energy Corp. (the "Company") amended its Articles of Incorporation in accordance with Article 78.207 of Chapter 78 of the Nevada Revised Statutes by reducing its issued and authorized capital on a 1-for-6.25 basis.
7.01 Effective January 23, 2009, as a result of the 1-for-6.25 reverse split, the Company’s trading symbol has been changed from "DENG" to “DEGY”.
form8k.htm
2009-01-228-K2009-01-151.01 Entry into a Material Definitive Agreement; 8.01 Other Events1.01 On January 15, 2009, Doral Energy Corp. (the “Company”) entered into a letter agreement (the “Letter Agreement”) with Miltex Oil Company (“Miltex”) to acquire three oil and gas leases located in Cochran County, Texas (the “Cochran County Properties”).
8.01 On January 16, 2009, the forbearance period during which Macquarie Bank Limited (“Macquarie”) agreed not to exercise its rights under the terms of Doral Energy Corp.’s (the “Company’s”) credit agreement (the “Credit Agreement”), expired.
form8k.htm
2009-01-148-K2008-11-191.01 Entry into a Material Definitive Agreement; 8.01 Other Events1.01 Doral Energy Corp. (the “Company”) entered into an amendment agreement to its credit agreement (the “Credit Agreement”) with Macquarie Bank Limited (“Macquarie”) dated November 19, 2008 (the “First Amendment Agreement”).
8.01 Doral Energy Corp. (the “Company”) has restructured the hedging position used by the Company to partially protect against drops in the price of oil.
form8k.htm
2008-12-118-K2008-12-085.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers; 8.01 Other Eventsform8k.htm
2008-11-258-K2008-11-203.02 Unregistered Sales of Equity Securitiesform8k.htm
2008-10-228-K2008-10-171.01 Entry into a Material Definitive Agreementform8k.htm
2008-08-278-K2008-08-115.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersform8k.htm
2008-08-048-K2008-07-291.01 Entry into a Material Definitive Agreement; 2.01 Completion of Acquisition or Disposition of Assets; 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant; 5.06 Change in Shell Company Statusform8k.htm
2008-07-238-K2008-07-171.01 Entry into a Material Definitive Agreementform8k.htm
2008-05-278-K2008-05-121.01 Entry into a Material Definitive Agreementform8k.htm
2008-05-218-K2008-05-201.01 Entry into a Material Definitive Agreementform8k.htm
2008-05-138-K2008-05-091.01 Entry into a Material Definitive Agreementform8k.htm
2008-05-018-K2008-04-251.01 Entry into a Material Definitive Agreementform8k.htm
2008-04-288-K2008-04-285.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Yearform8k.htm
2008-04-168-K2008-04-101.01 Entry into a Material Definitive Agreementform8k.htm
2008-03-128-K2008-03-101.01 Entry into a Material Definitive Agreementform8k.htm
2008-01-318-K2008-01-264.01 Changes in Registrant's Certifying Accountantform8k.htm
2008-01-298-K2008-01-224.01 Changes in Registrant's Certifying Accountantform8k.htm
2008-01-098-K2008-01-075.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosureform8k.htm
2007-12-288-K2007-12-245.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersform8k.htm
2007-11-288-K2007-11-215.01 Changes in Control of Registrant; 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersform8k.htm
2007-10-128-K2007-10-095.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officersform8-k.htm