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Financial News
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OMNI Reports Third Quarter Results
Nov 16, 2004
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63.6 KB
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CARENCRO, La. - November 16, 2004 -
OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), reported today an operating loss of ($0.7) million,
($0.07) per diluted share, for the three month period ended September 30, 2004. Revenues for the
third quarter of 2004 were $14.4 million, a 41% increase over revenues for the same three mont...
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OMNI Redeems October "Put" Options With Cash
Oct 25, 2004
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CARENCRO, La. - October 25, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), confirmed today it has exercised its option to use cash to redeem approximately $1.3 million of its 6.5% Subordinated Convertible Debentures in connection with the October 2004 "Put" notices received from Manchester Securities Corporation, Provident Premier Master Fund...
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OMNI Secures $100 Million Senior Credit Commitment
Oct 20, 2004
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51.6 KB
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CARENCRO, La. - October 20, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today it has received a commitment to complete a $100 million Senior Credit Facility from Ableco Finance LLC, an affiliate of Cerberus Capital Management L.P. The proceeds will be used to redeem the Company's outstanding 6.5% Subordinated Convertible Debentur...
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OMNI Amends Redemption Terms Of Debentures
Oct 12, 2004
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CARENCRO, La. - October 12, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today it has entered into an Amendment and Conditional Waiver Agreement, dated October 8, 2004, with Manchester Securities Corporation, Provident Premier Master Fund, Ltd., Gemini Master Fund, Ltd. and Portside Growth and Opportunity Fund, the holders of the ...
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OMNI Redeems September "Put" Options With Cash
Sep 14, 2004
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50.4 KB
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CARENCRO, La. - September 14, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), confirmed today it has exercised its option to use cash to redeem approximately $1.3 million of its 6.5% Subordinated Convertible Debentures in connection with the September 2004 "Put" notices received from Manchester Securities Corporation, Provident Premier Master ...
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OMNI Satisfies Nasdaq Filing Requirements
Aug 27, 2004
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CARENCRO, La. - August 27, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today that it received a Nasdaq Staff determination on August 25, 2004 indicating that the Company had not complied with Nasdaq Marketplace Rule 4310©(14) by failing to file its Form 10-Q for the period ended June 30, 200...
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OMNI Reports Second Quarter Results
Aug 26, 2004
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50.6 KB
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CARENCRO, La. - August 26, 2004 -
OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today revenues of $13.6 million
(a 31% increase over the second quarter of 2003) and certain non-cash accounting charges
totaling $1.5 million resulted in a net loss of ($1.2) million (($0.11) per diluted share)
for the th...
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OMNI Announces Aviation Fleet Expansion
Aug 20, 2004
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CARENCRO, La. - August 20, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today that it will acquire a second Sikorsky S-76 helicopter for the transportation of ten (10) or more passengers to offshore locations in the Gulf of Mexico. The Company previously announced it had received approval from the Federal Aviation Administration f...
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OMNI Announces Reorganization Changes
Aug 16, 2004
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CARENCRO, La. - August 16, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today it has divided its operations into three separate operating business units to facilitate anticipated growth and expansion. The business units established are Geophysical Support Services, Aviation Transportation Services and Environmental Services. The m...
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OMNI Announces Filing Of Form 12b-25 For Its Quarterly Report On Form 10-Q For The Period Ended June 30, 2004
Aug 16, 2004
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CARENCRO, La. - August 16, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today it has filed a Form 12b-25 "Notification of Late Filing" with the Securities and Exchange Commission with respect to its Quarterly Report on From 10-Q for the three months ended June 30, 2004. The Company announced the acquisition of Trussco, Inc. and Tr...
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OMNI Notifies Debenture Holders It Will Redeem Put Options With Cash
Jul 30, 2004
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CARENCRO, La. - July 30, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), confirmed today it has notified Manchester Securities Corporation, Provident Premier Master Fund, Ltd., Gemini Master Fund, Ltd. and Portside Growth and Opportunity Fund that the Company has exercised its option to use cash to redeem approximately $1.3 million (plus accru...
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OMNI Receives New Financing Commitments
Jul 30, 2004
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CARENCRO, La. - July 30, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today the receipt of $16.6 million of senior aviation equipment financing commitments. The proceeds will be used to provide working capital and complete certain strategic business opportunities currently under consideration. OMNI has previously announced its des...
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OMNI Receives "Put" Notices On Convertible Debentures
Jul 28, 2004
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CARENCRO, La. - July 28, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announces it has received notices from Manchester Securities Corporation, Provident Premier Master Fund, Ltd., Gemini Master Fund, Ltd. and Portside Growth and Opportunity Fund exercising their right to require the repayment or conversion ("Put Option") of approximately $...
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OMNI Renews Investment Banking Arrangement
Jul 13, 2004
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CARENCRO, La. - July 13, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today it has renewed its agreement with McFarland, Grossman & Company, Inc. ("MGCo"), an investment banking and financial advisory services firm headquartered in Houston, Texas, to continue providing advisory services in connection with various strategic transac...
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OMNI Discovers Unauthorized Listing on Berlin Stock Exchange
Jul 8, 2004
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CARENCRO, La. - July 8, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today that it has discovered that it has been listed on the Berlin-Bremen Stock Exchange without its approval, consent, or knowledge. OMNI has initiated contact with the Berlin-Bremen Stock Exchange and has demanded action be taken to immediately de-list the Comp...
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OMNI Completes Acquisition Of Trussco
Jul 1, 2004
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CARENCRO, La. - July 1, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announces completion of the acquisition of Trussco, Inc. and Trussco Properties, LLC ("Trussco") for $10.5 million of cash, promissory notes and assumed long-term indebtedness. OMNI paid $6.0 million in cash and issued $3.0 million in 5% convertible promissory notes maturi...
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OMNI Increases Senior Credit Facility To $12 Million
Jun 30, 2004
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CARENCRO, La. - June 30, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announces it has increased from $8 million to $12 million, the capacity under its Senior Working Capital Revolver with Whitehall Business Credit Corporation, a member of The Webster Financial Corporation (NYSE: WBS), headquartered in Waterbury, Connecticut. The increase i...
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OMNI Receives Registration Statement Approval
Jun 29, 2004
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CARENCRO, La. - June 29, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today that the Securities and Exchange Commission will declare effective immediately the registration of 5,012,237 shares of its common stock related to contractual agreements between the Company and the holders of its 6.5% Subordinated Convertible Debentures. T...
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OMNI Confirms Loss Of Helicopter
Jun 28, 2004
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CARENCRO, La. - June 28, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), reported today that a Bell 206L-I, from its fleet of helicopters based in Abbeville, LA, crashed at approximately 2 pm, Thursday, June 24, 2004, just south of Southwest Pass while en route to Intracostal City, LA. The pilot and one passenger on board have been confirmed d...
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OMNI Reports Missing Aircraft
Jun 25, 2004
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CARENCRO, La. - June 25, 2004 - OMNI ENERGY SERVICES CORP. (Nasdaq: OMNI), announced today that one of its helicopters with a pilot and two passengers was overdue for its return to OMNI's facilities in Abbeville, Louisiana. The helicopter, a Bell 206L-I, was returning from Eugene Island 349. Poor weather conditions were prevalent in the area at ...
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