Parallel Petroleum appoints three Vice Presidents Apr 23, 2010Parallel Petroleum has promoted three of its employees to the executive position of Vice President.
Apollo successfully completes acquisition of Parallel Petroleum Corporation Nov 26, 2009Parallel Petroleum Corporation and PLLL Holdings, LLC reports the successful completion of the merger of PLLL Acquisition Co. with and into Parallel, with
Apollo successfully completes tender offer for shares of Parallel Petroleum Oct 26, 2009Parallel Petroleum Corporation, PLLL Acquisition Co. and PLLL Holdings, LLC, entities formed for the purpose of acquiring Parallel Petroleum Corporation
Parallel Petroleum provides acquisition update Sep 25, 2009Parallel Petroleum Corporation says that PLLL Holdings, LLC and PLLL Acquisition Co., entities formed for the purpose of acquiring
Parallel Petroleum makes additional oil hedges Jun 16, 2009Parallel Petroleum has hedged 621,500 barrels of oil for the calendar years 2011 and 2012. Citibank, N.A. is the counterparty for these derivatives, which are West Texas
Parallel Petroleum borrowing base reaffirmation May 4, 2009Parallel Petroleum Corporation has entered into an amendment to its credit agreement with its bank lenders on April 30, 2009.
Parallel Petroleum farms out for Barnett Shale gas project Feb 13, 2009Parallel Petroleum Corporation has entered into a farmout agreement with Chesapeake Energy Corporation related to its Barnett Shale gas project.