Latest news with #PhoenixEnergy
Associated Press
20-05-2025
- Business
- Associated Press
Phoenix Energy Announces Notice of Effectiveness of Registration Statement on Form S-1
Irvine, California, May 20, 2025 (GLOBE NEWSWIRE) -- Phoenix Energy One, LLC ('Phoenix Energy' or the 'Company'), an energy company specializing in oil production, mineral rights acquisitions, and non-operating working interests, recently announced that the Securities and Exchange Commission (the 'SEC') has declared the Company's registration statement on Form S-1 (File No. 333-282862) effective. The registration statement, including the related prospectus, relates to the issuance of up to an aggregate principal amount of $750 million of debt securities that the Company intends to offer on a continuous basis pursuant to Rule 415 of the Securities Act of 1933, as amended. As further described in the prospectus, the Company is offering notes with maturities of three, five, seven, or eleven years and with interest rates of 9%, 10%, 11%, or 12% per annum, respectively. The interest is payable either in cash or by adding such interest to the then-outstanding principal amount of the notes. As a result of the effectiveness of the registration statement, the Company became subject to the reporting obligations of the Securities Exchange Act of 1934, as amended, requiring it to, among other things, file Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K with the SEC. The notes are offered through Dalmore Group, LLC ('Dalmore'), a member of FINRA/ SIPC. Dalmore and Phoenix Energy are not affiliated. The offering may be made only by means of a prospectus. Before investing, any investor should read the prospectus and the other documents Phoenix Energy has filed with the SEC, which may be obtained for free by visiting EDGAR on the SEC's website at Alternatively, a copy of the applicable offering documents may be obtained directly from Phoenix Energy or Dalmore. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation, or sale of any security, in any jurisdiction in which such offering, solicitation, or sale would be unlawful. Any offers, solicitations, or offers to buy, or any sales of, these securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Phoenix Energy Founded in 2019 and headquartered in Irvine, California, Phoenix Energy is an innovative energy company specializing in oil production, mineral rights royalty acquisition, and non-operating working interests. Phoenix Energy's drilling operations are focused on the Williston Basin (North Dakota and Montana), as well as the Powder River and DJ Basins (Wyoming). Its royalty and working interest acquisitions target mineral, leasehold, overriding, and perpetual royalty interests across major U.S. basins, prioritizing asset quality over location. CONTACTS: Company: Phoenix Energy One, LLC Phone: 949-416-5037 Company: Dalmore Group Phone: 332-239-2407 Attachment Mark Kaley Phoenix Energy 407-394-5881 [email protected]
Yahoo
20-05-2025
- Business
- Yahoo
Phoenix Energy Announces Notice of Effectiveness of Registration Statement on Form S-1
Phoenix Energy Announces Notice of Effectiveness of Registration Statement on Form S-1 Irvine, California, May 20, 2025 (GLOBE NEWSWIRE) -- Phoenix Energy One, LLC ('Phoenix Energy' or the 'Company'), an energy company specializing in oil production, mineral rights acquisitions, and non-operating working interests, recently announced that the Securities and Exchange Commission (the 'SEC') has declared the Company's registration statement on Form S-1 (File No. 333-282862) effective. The registration statement, including the related prospectus, relates to the issuance of up to an aggregate principal amount of $750 million of debt securities that the Company intends to offer on a continuous basis pursuant to Rule 415 of the Securities Act of 1933, as amended. As further described in the prospectus, the Company is offering notes with maturities of three, five, seven, or eleven years and with interest rates of 9%, 10%, 11%, or 12% per annum, respectively. The interest is payable either in cash or by adding such interest to the then-outstanding principal amount of the notes. As a result of the effectiveness of the registration statement, the Company became subject to the reporting obligations of the Securities Exchange Act of 1934, as amended, requiring it to, among other things, file Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K with the SEC. The notes are offered through Dalmore Group, LLC ('Dalmore'), a member of FINRA/ SIPC. Dalmore and Phoenix Energy are not affiliated. The offering may be made only by means of a prospectus. Before investing, any investor should read the prospectus and the other documents Phoenix Energy has filed with the SEC, which may be obtained for free by visiting EDGAR on the SEC's website at Alternatively, a copy of the applicable offering documents may be obtained directly from Phoenix Energy or Dalmore. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, and shall not constitute an offer, solicitation, or sale of any security, in any jurisdiction in which such offering, solicitation, or sale would be unlawful. Any offers, solicitations, or offers to buy, or any sales of, these securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended. About Phoenix Energy Founded in 2019 and headquartered in Irvine, California, Phoenix Energy is an innovative energy company specializing in oil production, mineral rights royalty acquisition, and non-operating working interests. Phoenix Energy's drilling operations are focused on the Williston Basin (North Dakota and Montana), as well as the Powder River and DJ Basins (Wyoming). Its royalty and working interest acquisitions target mineral, leasehold, overriding, and perpetual royalty interests across major U.S. basins, prioritizing asset quality over location. CONTACTS: Company: Phoenix Energy One, LLCEmail: InvestorRelations@ 18575 Jamboree Road, Suite 830, Irvine, CA 92612Phone: 949-416-5037 Company: Dalmore GroupEmail phoenix@ 530 7th Avenue, Suite 902, New York, NY 10018Phone: 332-239-2407 Attachment Phoenix Energy Announces Notice of Effectiveness of Registration Statement on Form S-1 CONTACT: Mark Kaley Phoenix Energy 407-394-5881 in to access your portfolio
Business Wire
06-05-2025
- Business
- Business Wire
Phoenix Energy CEO Adam Ferrari Announces the 2025 Phoenix Energy Scholarship to Empower Future Generations of Oil and Gas Professionals
DENVER--(BUSINESS WIRE)--The Phoenix Energy Scholarship is now accepting applications for its 2025 cycle. Awarded by Phoenix Energy One, LLC ('Phoenix Energy')—formerly known as Phoenix Capital Group Holdings, LLC—a leading energy company specializing in oil production, mineral rights acquisitions, and non-operating working interests, the $15,000 scholarship is designed to support a student pursuing a career in the oil and gas sector. Eligible applicants must be first-year students who have been accepted to and will enroll full-time at an accredited U.S. university in the fall of 2025. Applicants must also reside in the United States, maintain a minimum GPA of 3.5, and plan to pursue a degree aligned with a career in the oil and gas industry, such as petroleum engineering or oil and gas management. To apply, students must submit their high school GPA, as well as the GPA for any college courses completed to date. Applicants must also provide an essay between 2,000 and 3,000 words outlining their career goals and aspirations within the oil and gas sector. The application window opens on May 5, 2025, and all submissions must be received by July 13, 2025. Last year's scholarship recipient, Skyler Meuse, is a Petroleum Engineering student at Texas A&M University in College Station. Meuse was selected for his clear dedication to advancing the oil and gas industry and his passion for energy innovation. His essay played a pivotal role in his selection, emphasizing the critical role of technological advancements in shaping the future of the energy sector. Meuse specifically highlighted the potential of AI, robotics, and automation to increase efficiency and enhance drilling operations. When discussing Meuse's selection, Phoenix Energy Founder and CEO Adam Ferrari said, 'Skyler Meuse exemplifies the values we look for in a Phoenix Capital Group [now Phoenix Energy] Scholarship recipient. His drive, curiosity, and focus on innovation reflect the qualities essential for leading and advancing in the oil and gas industry. We are thrilled to support his academic journey and look forward to seeing the positive impact he will undoubtedly make in the future.' The ultimate goal of the Phoenix Energy Scholarship is to support students in their pursuit of impactful careers within the oil and gas industry. The 2025 scholarship recipient will be announced in August 2025. Additional information about the scholarship—including topics to cover in the essay and where to submit the essay and application—can be found here. Those interested in learning more about Phoenix Energy and its CEO, Adam Ferrari, can visit the official Phoenix Energy website here.
