August 24

Evolution lands deal with Switzerland’s Grand Casino Baden

first_imgCasino & games Live dealer software supplier Evolution Gaming has entered into a content partnership with Grand Casino Baden, one of four Swiss land-based casinos to secure a new online gaming licence in the country.Under the agreement, Evolution will supply its full suite of live dealer casino games to Jackpots.ch, the igaming website operated by Grand Casino Baden and powered by platform provider Gamanza.Games such as live dealer roulette, blackjack and baccarat, as well as a range of live poker variants and game show-style titles such as Lightning Roulette will be rolled out on the site.The site is due to launch next month after new laws that permit online gaming in Switzerland come into effect on July 1.“Evolution has an excellent record in helping its licensees to launch world-class Live Casino services into regulated markets globally,” Grand Casino Baden’s chief financial officer Marcel Tobler said. “Harnessing Evolution’s Live Casino will undoubtedly help us to consolidate and develop our position as one of Europe’s most highly regarded casinos.”James Stern, chief business development officer for America and land-based at Evolution, added: “We are very confident that our live games portfolio, including not only casino classics but also game show-style games, will prove to be very popular indeed with the casino’s clientele and will also help to attract further new visitors to the land-based venue.”Grand Casino Baden was confirmed as one of four igaming licensees by the Swiss National Council earlier this month, alongside Casino Davos (which is part-owned by Grand Casino Baden), Grand Casino Luzern and Casino Zürichsee.In tandem with the launch of regulated igaming, Switzerland will begin banning unlicensed sites from July 1. Swiss gambling regulator Inter-Cantonal Lotteries and Betting Commission (Comlot) has this week set out plans to introduce a blacklist of operators as part of its efforts to clamp down on unlicensed activities after the new laws come into effect.Platforms that are accessible in Switzerland but not licensed can be added to the list by the Federal Gaming Board and Comlot. The names of the operators will be published on the blacklist with their domains blocked by a domain name server (DNS) lock. Topics: Casino & games Tech & innovation 26th June 2019 | By contenteditor Tags: Online Gambling Evolution lands deal with Switzerland’s Grand Casino Baden Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address Live dealer software supplier Evolution Gaming has entered into a content partnership with Grand Casino Baden, one of four Swiss land-based casinos to secure a new online gaming licence in the country. Regions: Europe Central and Eastern Europe Switzerlandlast_img read more

August 18

IPL 2020 : InsideSport.co to release 2nd episode of AMSTRAD Face2Face…

first_img Cricket IPL 2020 : InsideSport.co to release 2nd episode of AMSTRAD Face2Face chat with KXIP captain KL Rahul on Friday @ 11AM. Euro 2020, Switzerland vs Turkey LIVE: Must-win game for both teams, Kickoff at 9.30PM IST; Follow Live Updates Football Bett1Open 2021 Final: Liudmila Samsonova beat Belinda Bencic to clinch title Cricket Rahul will be featuring on InsideSport.co AMSTRAD Face2Face Series to talk about his IPL team, his cricketing journey, his ups and downs and the dreams and targets he is aspiring to fulfill on the cricket field and otherwise.  Catch InsideSport’s Consulting Cricket Editor Sanjeeb Mukherjea in the second episode of FACE2FACE chat with KL Rahul on Friday, releasing @ 11 AM. Follow Insidesport.co for catch live action on IPL 2020 KXIP vs RCB TAGScaptain KL RahulCricketIndianinsidesportInterviewIPL2020IPL2020LIVEKings XI PunjabKLRahulKLRahulInterviewKXIPKXIPLIVEKXIPvsRCBKXIPvsRCBLIVEwatchIPLLIVE SHARE Cricket By Kunal Dhyani – September 23, 2020 BleacherBreaker4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!BleacherBreaker|SponsoredSponsoredUndoMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical Matters|SponsoredSponsoredUndoNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinance|SponsoredSponsoredUndoHollywood TaleHow Victoria Principal Looks At 71 Is HeartbreakingHollywood Tale|SponsoredSponsoredUndoBrake For ItThis NASCAR Wife Turns Heads Everywhere She GoesBrake For It|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndo PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, India Previous articleWWE legend Joe Laurinaitis aka ‘Road Warrior Animal’ passes away, at the age of 60Next articleFrench Open 2020 : Can Serena Williams win her record 24th Grand Slam at Roland Garros ? Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Kings XI Punjab captain KL Rahul is one of the exceptional special talent Indian cricket has produced. The original Little Master Sunil Gavaskar has hailed him as one of the best in business. He scored his first Test century in just his third innings, an unbeaten ODI century on debut and a T20 century in the fourth innings. WTC Final Day 3 LIVE Score: Latham, Conway frustrate India bowlers; NZ 57/0 (30 ovs)- Follow Live Updates PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO CricketIndian premier leagueIndian premier league 2020InsideSport Face2FaceSportSport NewsVideos Esports Football Share on Facebook Tweet on Twitter Now Rahul for the first time is leading a IPL team in the 13th edition of the league that has already started in UAE. Rahul’s team KXIP suffered an unfortunate loss in the opening fixture against DC after the match went down to the Super Over. KXIP will next take on Virat Kohli’s Royal Challengers Bangalore on Thursday and will be seeking to overturn their fortunes and get their first win of IPL 2020.  RELATED ARTICLESMORE FROM AUTHOR Cricket WTC Final: Sunil Gavaskar reacts to Ajinkya Rahane dismissal says, ‘Only explanation is that he was going for his fifty’ Cricket PSL 2021 Playoffs LIVE – How to watch Pakistan Super League Playoffs Live Streaming on your Mobile, Laptop Sport News Facebook Twitter Football Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, India Euro 2020, Italy vs Wales LIVE: Verratti returns for Italy, Ampadu starts for Wales, check full line-ups; Follow Live Updates, PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to knowlast_img read more

June 17

K3 House / Bruce Stafford Architects

first_imgPhotographs:  Karl BeathText description provided by the architects. This dramatic renovation centers around a spacious internal courtyard defined by natural rock face and lush vegetation. Large sliding glass doors in the main living area enable a seamless flow between inside and outside. Save this picture!ground floor planRecommended ProductsEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornRenders / 3D AnimationVectorworksVectorworks ArchitectRenders / 3D AnimationAUGmentectureAugmented Reality Platform – AUGmentecture™Enclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAThe living areas also have the added benefit of glazing on the north façade, which opens up the house to the view. The master suite pavilion, perched on the highest portion of the rock face, has been designed as a sanctuary for the parents, whilst maintaining a bird’s eye view over the living areas.Save this picture!© Karl BeathProject gallerySee allShow lessVideo: Le Corbusier’s Chapel Notre-Dame du HautArticlesCilandak Bisnis Square (CIBIS) Masterplanning Project / Broadway MalyanArticles Share Houses “COPY” CopyHouses•Sydney, Australia ArchDaily Australia Projects K3 House / Bruce Stafford ArchitectsSave this projectSaveK3 House / Bruce Stafford Architects “COPY” K3 House / Bruce Stafford Architects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/201676/k3-house-bruce-stafford-architects Clipboard Save this picture!© Karl Beath+ 15 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/201676/k3-house-bruce-stafford-architects Clipboard Architects: Bruce Stafford Architects Photographs CopyAbout this officeBruce Stafford ArchitectsOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesDabasSydneyHouses3D ModelingAustraliaPublished on January 23, 2012Cite: “K3 House / Bruce Stafford Architects” 23 Jan 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – Metropol ClassicVinyl Walls3MVinyl Finish – DI-NOC™ StonePartitionsSkyfoldVertically Folding Operable Walls – Zenith® SeriesPanels / Prefabricated AssembliesProdemaProdEx Wood Facade in the Aspen Art MuseumSealantsSikaRenovation of Zeitz MuseumSinksBradley Corporation USAVerge Coordinated Soap Dispenser and Faucet SetsWoodLunawoodThermo Timber and Industrial ThermowoodAcousticFabriTRAK®FabriFELT™ for Walls and CeilingsGlassDip-TechDigital Ceramic Etch PrintingWindowspanoramah!®ah! Ultra MinimalistEngineered Wood FlooringAustralian Sustainable Hardwoods (ASH)Australian Oak Engineered FlooringLouvers / ShuttersConstruction SpecialtiesSunshades – Airfoil LuxMore products »Read commentsSave想阅读文章的中文版本吗?K3 住宅 / Bruce Stafford Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

June 16

TrollAid ensures online trolls promote fundraising for refugees

Main image: hate-filled cartoon man by Durantelallera on Shutterstock.com The Calais Action Group have come up with a way to make positive fundraising use of the abusive comments that the organisation receives on its Facebook page.‘TrollAid‘ is “a way for trolls to directly raise money for refugees”.Every time a “troll” or abusive person posts a negative post on their page the organisation posts a link to its fundraising page as a comment underneath. The group say:“These guys give their time to adding something to the refugee crisis, so we’d like to be able to give something back to them”.Indeed, Calais Action Group invite supporters to leave a message for the trolls, and check to see how much a particular troll has raised.The fundraising link takes you to the TrollAid page on crowdfunding site YouCaring. The fundraising target for TrollAid is £1,000 and they have already nearly raised the first £100.Calais Action Group is a grassroots giving network supporting refugees in Calais and Europe. Wunsiedel wonderTrollAid is similar to an online swear jar, although of course the trolls are not donating anything, beyond promotion of a fundraising message.The citizens of the German town of Wunsiedel won praise for a similar creative approach that turned a march by neo-Nazis into a sponsored fundraising walk to raise funds for EXIT-Germany, a charity that helps members of the far-right who want to leave the movement and start a new life. Indeed, the campaign won an award for ZDK Society Democratic Culture at the International Fundraising Congress in October 2015.Residents were encouraged to donate 10 euros to the charity for every metre walked by the extremists.[youtube]https://www.youtube.com/watch?v=KvjIYl_Nlao[/youtube] Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis17 About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Digital Humour TrollAid ensures online trolls promote fundraising for refugees  128 total views,  1 views today Howard Lake | 26 January 2016 | News  129 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis17 read more

June 13

TCU bolsters lineup with Texas A&M transfer

first_imgGrant McGalliard Grant McGalliardhttps://www.tcu360.com/author/grant-mcgalliard/ Baseball season recap: Rebuilding turns to reloading after surprise CWS trip Linkedin Linkedin Another series win lands TCU Baseball in the top 5, earns Sikes conference award ReddIt Grant McGalliardhttps://www.tcu360.com/author/grant-mcgalliard/ Grant McGalliard is a senior journalism and political science major from Bay City, Texas. He’s worked in everything from sports to student organizations at TCU, and recently began blogging with the Dallas Morning News. In his spare time, Grant enjoys tweeting far too much, pretending he knows more than he does about Premier League soccer, and listening to the music of Kanye West. Twitter Facebook Facebook Former Texas A&M point guard Alex Robinson will transfer to TCU for his sophomore year. Grant McGalliardhttps://www.tcu360.com/author/grant-mcgalliard/ TCU students receive evacuation text by mistake ReddIt Previous articleOpinion: Why Oregon will defeat TCUNext articleNew Interior Design and Merchandising building would benefit multiple departments Grant McGalliard RELATED ARTICLESMORE FROM AUTHOR TCU removes Phi Kappa Sigma for hazing and other misconduct Grant McGalliardhttps://www.tcu360.com/author/grant-mcgalliard/ + posts TCU rowing program strengthens after facing COVID-19 setbacks Phi Kappa Sigma executive director, chapter president respond to dismissal printTCU men’s head basketball coach Trent Johnson announced Wednesday that Texas A&M’s Alex Robinson will be wearing TCU purple next season.Robinson, a point guard, played in 32 contests for the Aggies during his freshman season in 2014-15. He averaged 18.8 minutes per game and shot 36.1 percent from beyond the arc.In high school, Robinson was ranked highly by many recruiting services, including ESPN, who ranked him as the eighth-best high school player in Texas and the 13th-best point guard prospect in the nation. He spent his prep years at Mansfield Timberview High School in Arlington, where he made the All-State team.Johnson said that Robinson is expected to make a big impact in purple and white.“Alex is an explosive point guard,” Johnson said. “He was one of the top players in the country his senior year in high school. We are very fortunate to be able to add a player with his talent to our roster at this time of year.”Robinson will have to sit out the remainder of this season due to NCAA transfer rules. He will be eligible to play in the 2016-17 season, which will be his sophomore year. Twitter TCU baseball finds their biggest fan just by saying hellolast_img read more

June 4

Aimee’s memory will live on in hospital play area

first_imgLimerick on Covid watch list Email NewsCommunityAimee’s memory will live on in hospital play areaBy Bernie English – May 24, 2019 755 Housing 37 Compulsory Purchase Orders issued as council takes action on derelict sites WhatsApp Facebook TAGSchildrenCommunityLimerick City and CountyNewsRemembranceyouth Print TechPost | Episode 9 | Pay with Google, WAZE – the new Google Maps? and Speak don’t Type! Previous articleAfrica Day 2019 Launch – The Limerick Post Show with Meghann ScullyNext articleThe art of storytelling at Killaloe Chamber Music Festival Bernie Englishhttp://www.limerickpost.ieBernie English has been working as a journalist in national and local media for more than thirty years. She worked as a staff journalist with the Irish Press and Evening Press before moving to Clare. She has worked as a freelance for all of the national newspaper titles and a staff journalist in Limerick, helping to launch the Limerick edition of The Evening Echo. Bernie was involved in the launch of The Clare People where she was responsible for business and industry news. center_img Linkedin Twitter Shannon Airport braced for a devastating blow Deirdre and James Keogh with their sons Ben and Luke who presented the proceeds of their fundraising to the Children’s Ark at University Hospital Limerick.JULY 10, 2014 is a day that Deirdre and James Keogh will never forget. That was the day their beautiful two-year-old daughter, Aimee died in an ambulance in the grounds of the University Hospital Limerick (UHL).She was on her way to Crumlin Children’s Hospital when she succumbed to an undiagnosed heart condition.Sign up for the weekly Limerick Post newsletter Sign Up The bravery of the Keoghs and their sons, Ben and Luke was celebrated this week when they handed over a cheque for money they had fundraised for an outdoor play area for the Children’s Ark at UHL.Despite the fact that her daughter’s hole in the heart went undiagnosed, Deirdre and her family are determined to help children still battling illness.“To be honest, we did this for the children in the Ark,” Deirdre told the Limerick Post.“When Aimee was in hospital, there was nowhere for her to go except the corridor. Even when children are sick, they need a space for play. And this would be a place for parents of sick babies to get some fresh air when they are spending hours and days at the hospital,” she said.Aimee, from Old Singland Road, was admitted to hospital after having seizures. In June 2013, she underwent an ECG examination which was passed as normal.A subsequent court case established that the results were, In fact, abnormal.The court heard that had it been properly diagnosed, Aimee should have been referred to a paediatric cardiologist.Aimee’s family were awarded €40,000 against the HSE. a sum which the judge described as “paltry’ considering what it was for but this was the highest amount the court could pay under the legislation, he said.The HSE apologised to the family during the case.Deirdre told the Limerick Post that “we don’t want Aimee to be forgotten. This will be a legacy for her and we intend to make this an annual fundraiser.”It’s understood that there will be a plaque in Aimee’s honour erected in the garden when it is finished.The Aimee Keogh Memorial Rugby Blitz at Richmond RFC raised €6,000 has been raised through this fundraiser as well as a colours day at Donoughmore National School, where Aimee’s brothers Ben and Luke are pupils. Local backlash over Aer Lingus threat RELATED ARTICLESMORE FROM AUTHOR Advertisement Is Aer Lingus taking flight from Shannon?last_img read more

June 2

Odessa woman killed in NYE crash

Local News Pinterest DPS Wreck Stock photo.jpg An Odessa woman died and four children were injured as a result of a one-vehicle crash New Year’s Eve on Interstate Highway 10, west of Balmorhea, a Texas Department of Public Safety press release stated.DPS responded to the incident around 10:45 p.m. Sunday night. The driver, 28-year-old Elisabeth Valenzuela of Odessa, was traveling east on I-10 in a 2000 Chevrolet SUV with four child passengers from Odessa, one 3-year-old girl and three boys ages 1, 4 and 5, the release detailed. The roads were icy, it had been sleeting and due to those conditions Valenzuela lost control of the vehicle and rolled multiple times into the center median, the release said.Valenzuela was ejected from the vehicle during the crash and was pronounced dead at the scene. All four children were taken to Reeves County Hospital with minor injuries, the release said. Twitter Facebook By admin – January 2, 2018 WhatsApp Twitter WhatsApp Pinterest Odessa woman killed in NYE crash Facebook Previous articleECISD struggles in 2017Next articlePolice searching for hit and run suspects admin read more

June 2

Brigham Minerals, Inc. Reports Fourth Quarter and Full Year 2020 Operating and Financial Results

first_img — 1,120 By Digital AIM Web Support – April 6, 2021 300 3,629 4.40 345 $ — Net loss totaling $47.0 millionAdjusted Net Income (1) of $2.7 million excluding $49.7 million after-tax impairment of oil and gas propertiesAdjusted EBITDA ex lease bonus (1) totaling $17.2 million up 13% sequentially from Q3 2020 3% 13,233 59,564 Current liabilities: $ $ 169 — Natural gas ($/Mcf) Declared Q4 2020 dividend of $0.26 per share of Class A common stockUp 8% sequentially from Q3 2020Dividend represents a 90% payout of Discretionary Cash Flow (1) with retained cash utilized to fund mineral acquisitions CASH FLOWS FROM FINANCING ACTIVITIES 0.7 5,909 669 77 76.8 28,330 Deferred tax asset 1,837 10,725 24.85 7,950 6,770 $ 12,546 ) 12,411 30,940 ($ in thousands, except per unit of production data) 169 5,446 37,218 3,693 2019 Adjusted EBITDA attributable to non-controlling interest 679,622 70% 189,397 Less: $ (9,646 1,585 % Added Q/Q 2.07 Lease Bonus ($ millions) —% (6,892 Acquired 0.1 0.26 Other expenses: 13,915 ) 0.7 Total revenues Net (loss) income attributable to Brigham Minerals, Inc. shareholders (6,599 15,582 (8,022 568 $ (Loss) gain on derivative instruments, net $23.60 (2) The Company does not expect to incur federal income taxes for income related to results for the year ended December 31, 2020. 25 23,760 200 7,529 4,635 (46,962 Less accumulated depreciation ) Closed 30 transactions acquiring approximately 1,585 net royalty acres deploying $20.5 million in mineral acquisition capitalDeployed 86% of mineral acquisition capital to the Permian Basin $10.00 22,870 — Oil sales 8 1,565 Common stock by type Ground Game Acquisition Budget ($ millions) 7% Total assets $ (70,294 — (492 (9,942 Q2 20 46,011 11,078 3.6 25,123 628 ) ) 62% ) 424 9,144 2021 GUIDANCEFull year 2021 production guidance of 9,200 Boe/d to 9,900 Boe/dAnchored by current producing locations, current DUC and permit inventory and acquisitionsIncludes an estimated five days, or 150 Boe/d, of down time attributable to the impact of Q1 weather eventsAdditional detail in 2021 Operational and Financial Guidance table 2018 $ ) General and administrative, share-based compensation $ Temporary equity — $ 554 291,664 5,220 Less: net loss (income) attributable to temporary equity ) Q2 18 ) ) Average Realized Price, with Derivatives Q2 19 $ Q4 19 514 1.1 470 0.9 17,233 4 99 Interest expense, net 10,198 — 248 1.7 568 Total operating expenses ) 2.18 79 $ 0.3 6,886 1.4 290 1.2 0.4 40.40 1.84 STACK Borrowing of short-term related party loan 0.4 $ 30,291 Shareholders’ equity: 2020 1.2 (195,268 1.4 1.5 (4,596 $ 0.6 — $ 1.1 4 21,963 Development Inventory by Basin (1) Q3 20 (10,029 Other NET INCOME PER COMMON SHARE Loss on extinguishment of debt Williston % 5% $ ) $ $ — 5% ) 21,639 (208 (92,392 $ — 1,823 47 6,985 1,077 (4,000 (41 4,707 9,627 — 48,238 — 49,664 ) $ ) 12.00 15,600 2019 Depreciation, depletion and amortization 0.5 (14,663 Debt issuance cost 721 ) 3.71 2019 424 2020 Severance and ad valorem taxes Share Based Compensation Expense ($ millions) Acres Added Q/Q $ — 6,114 17,969 (70,756 1,126 327 67,909 — 82,048 — $ 110 154,488 (In thousands, except per share amounts) DUC and Permit Inventory Update The Company expects 2021 production growth will be driven by the continued conversion of its DUC and permit inventory. Brigham’s gross and net DUC and permit inventory as of December 31, 2020 by basin is outlined in the table below: 3,437 1,881 51,133 $ 5,112 0.24 7,905 24,920 33,112 Less: net income attributable to predecessor (57,994 (47 NGLs (MBbls) Total shareholders’ equity attributable to Brigham Minerals, Inc. ) — 1,323 $ ) Preferred stock, $0.01 par value; 50,000,000 authorized; no shares issued and outstanding at December 31, 2020 and December 31, 2019 Accumulated deficit $ $ 81,438 Reconciliation of Discretionary Cash Flow and Discretionary Cash Flow ex lease bonus $90 43 Daily Net Production (Boe/d) 7,506 $ ) Converted Permitted and Other 5,489 (57,474 162,017 1,438 1,675 39,231 0.1 Basic 5,077 502 Years Ended December 31, ) — (70,000 Changes in operating assets and liabilities: $ $ 97,886 7.6 17,233 7,414 12,305 Deferred income tax (benefit)/expense Impairment of oil and gas properties CONSOLIDATED AND COMBINED STATEMENT OF CASH FLOWS 30,940 55.55 $ ) $ $ (1,203 $ 1.88 78,207 ) ) 75,260 14.22 11.61 15.03 (10,512 Gain on sale and distribution of equity securities $ $ 37.39 Adjusted EBITDA ex lease bonus Percent of Total 399 Other property and equipment 43,558 175 4,985 208 21,619 23.2 24.85 $ — 187 Mineral and royalty revenues totaling $23.8 millionUp 10% sequentially from Q3 2020 driven by 10% higher realized pricing of $27.59 per Boe 28,033 1,879 $ ) (4,632 6,985 3,944 Pinterest Severance and ad valorem taxes Net cash (used in) provided by financing activities $ — — % Share-based compensation expense 159 WhatsApp 26,808 65,042 — $ 3,471 24,318 445 20,000 3,368 14,090 (3,527 $ Decrease (increase) in accounts receivables 1,688 — 2020 Well Additions to Proved Developed Producing 360 27,550 Total Revenue 54,248 2019 Previous articlePhysicians’ Education Resource® veranstaltet 38. jährliche Miami Breast Cancer Conference® in erweitertem, interaktivem virtuellem TagungsformatNext articleHectic finish awaits all NBA teams in 2nd half of season Digital AIM Web Support 1,816 $ 10,049 $ (1.11 2020 382 $ 11,100 Tax Depletion ($/Boe) $ 399 73 $ 780 ) ) 34,174 5,478 9,361 ) 11 124 30,469 Loss on derivative instruments, net 2,679 21,639 ) — 4.7 Add: 1,451 Three Months Ended 1.2 $ Lease bonus 9,483 — 6,901 Permits 1.2 (1,829 9,900 — (6,892 Other assets, net — (441 82 37.26 169 $ $ — 17,436 QUARTERLY CASH DIVIDEND The Company’s Board of Directors (the “Board”) has declared a quarterly cash dividend for the fourth quarter 2020 of $0.26 per share of Class A common stock, to be paid on March 26, 2021 to holders of record as of March 19, 2021. This brings total capital returned through dividends to shareholders of $1.01 per share based on financial results for the full year 2020. Future declarations of dividends are subject to approval by the Board and to the Board’s continuing determination that the declarations of dividends are in the best interests of the Company and its stockholders. Future dividends may be adjusted at the Board’s discretion based on market conditions and capital availability. 2021 OPERATIONAL AND FINANCIAL GUIDANCE Proceeds from sale of equity securities 428 $ (LOSS) INCOME FROM OPERATIONS 488,301 Permits Income tax (benefit) expense Share-based compensation 15,094 (5,609 ) 1,515 2,679 NET (LOSS) INCOME $ 17,233 Additions to other fixed assets 1.40 290 $ (42,412 ) Total (Decrease) increase in accounts payables and accrued liabilities 33,614 (Decrease) increase in cash and cash equivalents and restricted cash $1.65 — 59% ) 0.1 2,702 (1) Individual amounts may not add to totals due to rounding. 12,865 Net Unit Expenses ($/Boe) Acres Added in 2020 69,025 62 ) (Loss) income before income tax expense WEIGHTED AVERAGE COMMON SHARES OUTSTANDING Net cash received (paid) for derivative settlements $ ABOUT BRIGHAM MINERALS, INC. Brigham Minerals is an Austin, Texas, based company that acquires and actively manages a portfolio of mineral and royalty interests in the core of some of the most active, highly economic, liquids-rich resource basins across the continental United States. Brigham Minerals’ assets are located in the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming, and the Williston Basin in North Dakota. The Company’s primary business objective is to maximize risk-adjusted total return to its shareholders by both capturing organic growth in its existing assets as well as leveraging its highly experienced technical evaluation team to continue acquiring minerals. Cautionary Statement Concerning Forward-Looking Statements This press release contains forward-looking statements. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include the expectations of plans, strategies, objectives and anticipated financial and operating results of the Company, including the Company’s production and other guidance within this press release. These statements are based on certain assumptions made by the Company based on management’s experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the Company, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. These include, but are not limited to, continued downturns or delays in resuming operator activity due to commodity price fluctuations, the Company’s ability to integrate acquisitions into its existing business, changes in oil, natural gas and NGL prices, weather and environmental conditions, the timing of planned capital expenditures, availability of acquisitions, operational factors affecting the commencement or maintenance of producing wells on the Company’s properties, the condition of the capital markets generally, as well as the Company’s ability to access them, the proximity to and capacity of transportation facilities, and uncertainties regarding environmental regulations or litigation, global or national health events, including the ongoing spread and economic effects of the ongoing COVID-19 pandemic, potential future pandemics, the actions of the Organization of Petroleum Exporting Countries and other significant producers and governments and the ability of such producers to agree to and maintain oil price and production controls and other legal or regulatory developments affecting the Company’s business and other important factors. These and other applicable uncertainties, factors and risks are described more fully in the Company’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2020, and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, Should one or more of these risks or uncertainties occur, or should underlying assumptions prove incorrect, the Company’s actual results and plans could differ materially from those expressed in any forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise except as required by applicable law. View source version on businesswire.com:https://www.businesswire.com/news/home/20210224006048/en/ CONTACT: At the Company: Brigham Minerals, Inc. Blake C. Williams Chief Financial Officer (512) 220-1500 [email protected] KEYWORD: UNITED STATES NORTH AMERICA TEXAS INDUSTRY KEYWORD: NATURAL RESOURCES OTHER NATURAL RESOURCES MINING/MINERALS SOURCE: Brigham Minerals, Inc. Copyright Business Wire 2021. PUB: 02/24/2021 04:15 PM/DISC: 02/24/2021 04:15 PM http://www.businesswire.com/news/home/20210224006048/en $ 13,359 — ) $ 86,245 NET (LOSS) INCOME 4,080 December 31, Distributed cash flow to Class A common stock ASSETS % 214 — 28,534 $ 1.62 2.37 Gross $ 6,725 680 11.43 428 317,319 3.80 4.06 12,806 5,478 2.13 (In thousands, except per share data) Loss on extinguishment of debt, after tax (2) Facebook Decrease in other deferred charges 101,515 3,123 0.26 45 5,489 230 $ High PRODUCTION 601,129 48,238 6,892 Oil Cut (%) Acres Sold in 2020 $ Less: net loss (income) attributable to temporary equity — 26,808 27% 25,573 Employee tax withholding for settlement of equity compensation awards Cash G&A Expense Plus Share Based Compensation Expense ($ millions) Lease bonus and other revenue Gross Inventory 454,507 March 31, 2020 Net cash used in investing activities 15,890 $ Adjusted Net Income — 4,100 $9.20 Net (Loss) Income — — $2.25 10,700 7,905 30,940 Gathering, transportation and marketing 11,400 0.3 — Loss on extinguishment of debt — 462 $ Basic 3,629 13,911 97 $ Robert M. (“Rob”) Roosa, Chief Executive Officer, commented, “Brigham remains extremely well positioned to capitalize on the recent rebound in operator activity and positive momentum in commodity prices with all of our future production volumes unhedged. Furthermore, we enter 2021 with 721 gross DUCs (3.6 net) and 755 gross permits (4.2 net) that will drive near term production and cash flows with the majority of our DUCs anticipated to be completed by Exxon Mobil Corporation, Chevron Corporation, Occidental Petroleum Corporation, Continental Resources, Inc. and PDC Energy, Inc., who are currently running approximately 20 frac crews across our liquids rich basins. We are also continuing to gain momentum with our ground game acquisitions acquiring approximately 1,585 net royalty acres in the fourth quarter of 2020 at a cost of $5.5 million per net location with the assets comprised of 55% PDP, DUCs and permits. That momentum has continued into the first quarter of 2021 with closed and pending transactions totaling $21.6 million at an estimated cost per net location of $6.1 million. The assets are comprised of 50% PDP, DUCs and permits that are estimated to add over 1.6 net Permian DUCs and permits to inventory. With significant liquidity at year-end, our team remains confident that we will continue to grow shareholder value through highly accretive mineral acquisitions targeting asset level IRRs close to double our cost of capital. I could not be more excited about the current position of our Company to capitalize on market conditions through organic growth, acquisitions and prudent capital management.” Blake C. Williams, Chief Financial Officer, added, “Our strong operating and financial results allowed us to raise our dividend by 8% this quarter to $0.26 per share while also increasing our retained cash flow from 5% to 10%, which we used to internally fund approximately 9% of our fourth quarter 2020 acquisitions. With the increase in commodity prices along with our low leverage, our Adjusted EBITDA ex lease bonus (1) increased by 13% this quarter and our Adjusted EBITDA margin (1) returned to the mid 70% range. Throughout the energy down cycle of 2020, we successfully captured opportunities while preserving our balance sheet and maintain $124 million of liquidity headed into 2021. Furthermore, we intend to continue increasing our cash flow retention over the next several quarters to 20-25% of Discretionary Cash Flow (1) to extend our liquidity. Finally, we are pleased to showcase the differentiation our business model provides from the broader energy space through production guidance of 9,200 – 9,900 Boe/d which represents modest growth in 2021 volumes over our current production. This range incorporates an estimated impact of five days of down time due to Q1 weather events, and emphasizes our ability to return substantial capital to shareholders in any environment given our diversified, resilient asset base.” (1) Non-GAAP measure. See “Non-GAAP Financial Measures” below. OPERATIONAL UPDATE Mineral and Royalty Interest Ownership Update During the three months ended December 31, 2020, the Company executed 30 transactions acquiring approximately 1,585 net royalty acres (standardized to a 1/8th royalty interest) and deployed $20.5 million in capital. The Company focused approximately 86% of its mineral acquisition capital in the fourth quarter towards the Permian Basin. Fourth quarter acquisitions are expected to deliver near-term production and cash flow growth with the addition of 128 gross DUCs (0.4 net DUCs) and 55 gross permits (0.1 net permits) to inventory counts. During the year ended December 31, 2020, the Company completed 81 transactions acquiring 4,635 net royalty acres (standardized to a 1/8th royalty interest) for $66.5 million in capital. The Company deployed approximately 92% of its mineral acquisition capital in 2020 to the Permian Basin. The acquired minerals added 165 gross DUCs (0.6 net DUCs) and 97 gross permits (0.3 net permits) to its inventory counts over the year. As of December 31, 2020, the Company had acquired roughly 86,285 net royalty acres, encompassing 13,496 gross (116.3 net) undeveloped horizontal locations, across 37 counties in what the Company views as the core of the Permian Basin in West Texas and New Mexico, the SCOOP/STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming and the Williston Basin in North Dakota. The table below summarizes the Company’s mineral and royalty interest ownership at the dates indicated. $ 192 5,587 Three Months Ended December 31, (57,994 91,723 13,915 3,327 (3,912 $ $9.1 million cash balance and revolver capacity of $115 million as of December 31, 2020 (1) Non-GAAP measure. See “Non-GAAP Financial Measures” below. — 252 % OPERATING EXPENSES 2.5 — $110 2.29 $ Purchase of treasury stock ) — $ 7,000 65,132 LIABILITIES AND SHAREHOLDERS’ EQUITY Unevaluated property — 15,582 Net (loss) income Oil and gas properties—net Payments of long-term debt 60,664 $ ) 22,870 Oil (MBbls) 27.59 — 83,112 125 5,609 Adjustments to reconcile net earnings to net cash provided by operating activities: 79,569 10,630 AUSTIN, Texas–(BUSINESS WIRE)–Feb 24, 2021– Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals,” “Brigham,” or the “Company”), a leading mineral and royalty interest acquisition company, today announced operating and financial results for the quarter and year ended December 31, 2020, as well as 2021 guidance. FOURTH QUARTER 2020 OPERATING AND FINANCIAL HIGHLIGHTSDaily production volumes of 9,361 Boe/d (72% liquids, 52% oil)Flat sequentially with Q3 2020Permian Basin production volumes up 7% from Q3 2020 to 5,432 Boe/d — 2019 1,836 WhatsApp 7,529 10,049 1,565 195 45 $ Add: (6)% — Interest expense, net $ 1,392 680,961 488 — 1,839 ) Less: Net Royalty Acres (1) ) 3,629 Years Ended December 31, — 7,138 — 623,846 $16.40 (7,446 Distributed cash flow per share of Class A common stock – Dividend (65,425 48,238 1.80 Lease bonus Dividend equivalent rights (41,989 37,218 (4,614 September 30, 2020 — Impairment of oil and gas properties $ —center_img Discretionary cash flow to Class A common stock 6,134 91,723 (30,976 Memo: Adjusted EBITDA Margin 299 Interest expense, net — CONSOLIDATED BALANCE SHEETS ) ) 0.51 ) Total Adjusted EBITDA 9,200 218 $ 7,893 $ 65,042 — $ 1.66 (LOSS) INCOME FROM OPERATIONS 0.23 (754 ) $ $ ) $ $ 3,536 SCOOP Amortization of debt issue costs Adjusted EBITDA December 31, 2020 ) June 30, 2020 — $ 2.2 17,233 Low 277,075 $ 100 CASH FLOWS FROM INVESTING ACTIVITIES STACK (42,216 10,524 $ 1.3 (61,103 43,316 9% 19,252 Williston ) Share-based compensation expense 30,940 — $ 165 $ Loss on derivative instruments, net $ $ 57 Q1 20 $ 12,411 100% 7,825 ) General and administrative (before share-based compensation) (219,481 21,639 Equivalents (MBoe) (890 48,238 316 General and administrative 0.26 $ Class A common stock 32,459 $ 2,348 Proceeds from issuance of Class A common stock, net of offering costs $ 12,236 — Percent of Dividend Expected to be Return of Capital $26.40 Total liabilities, temporary equity and shareholders’ equity Net Inventory Local NewsBusiness (66,498 Less: Net income attributable to Predecessor Equivalents per day (Boe/d) (568 $ 6,638 Accounts payable and accrued liabilities 7,529 (7,269 Mineral Acquisition Capital 27,773 $ Lease bonus and other revenues — Impairment of oil and gas properties, after tax (1) 2.17 $ $ 79,601 23,760 % Added in 2020 $ 146,280 209 51,133 1,787 6,901 ) (5,092 428 33% 10,725 Other income, net Midland 4.2 Diluted 14,362 3% 86,285 86,245 — Depreciation, depletion, and amortization (24,670 ) (1,348 2020 DUCs ) Common Stock Outstanding as of December 31, 2020: 41 111 Midland Total Operating Expenses (before share-based compensation) 64,297 12,346 % Q4 20 $ 2,706 13,167,687 — 56,726,181 $ % Adjusted EBITDA Margin $ — 32,459 Total current liabilities Q3 19 222 ) 9,724 Natural gas sales Other property and equipment—net Gathering, transportation and marketing Accounts receivable Years Ended December 31 December 31, 2020 (Increase) decrease in other current assets 84,700 14.11 Total current assets 1.0 Long-term debt Oil and gas properties, at cost, using the full cost method of accounting: 1.0 1% (57,678 FINANCIAL UPDATE Fourth Quarter 2020 Financial Update For the three months ended December 31, 2020, crude oil, natural gas and NGL production volumes were 9,361 Boe/d (72% liquids), which is flat relative to third quarter 2020. Our volumes are 3% lower than the same prior year period, largely due to a decrease in Anadarko and Williston Basin volumes, which were partially offset by a 7% increase in Permian Basin volumes. Fourth quarter 2020 average realized prices were $40.40 per barrel of oil, $2.29 per Mcf of natural gas, and $14.11 per barrel of NGL, for a total equivalent price of $27.59 per Boe. This represents a 10% increase relative to third quarter 2020 and is 26% lower than the same prior year period level of $37.39 per Boe, excluding the effect of derivative instruments. The Company’s net loss was $47.0 million for the three months ended December 31, 2020, inclusive of a $49.7 million after-tax impairment of oil and gas properties resulting from the continued reduction in commodity prices as well as certain reclassification of proved undeveloped reserves to probable and possible reserves, as a result of a slowdown in operator activity. Adjusted EBITDA was $17.2 million for the three months ended December 31, 2020, up 3% from the third quarter 2020 and down 36% from the same prior-year period. Adjusted EBITDA ex lease bonus was $17.2 million for the three months ended December 31, 2020, up 13% from the third quarter 2020 and down 34% from the prior year. Adjusted EBITDA and Adjusted EBITDA ex lease bonus are non-GAAP financial measures. For a definition of Adjusted EBITDA and Adjusted EBITDA ex lease bonus and a reconciliation to our most directly comparable measure calculated and presented in accordance with GAAP, please read “Non-GAAP Financial Measures” below. Full Year 2020 Financial Update For the year ended December 31, 2020, crude oil, natural gas and NGL production volumes increased 28% to 9,483 Boe/d (72% liquids) as compared to the prior year, due to a 56% increase in Permian Basin volumes. Full year 2020 average realized prices were $37.26 per barrel of oil, $1.80 per Mcf of natural gas, and $11.61 per barrel of NGL, for a total equivalent price of $24.85 per Boe. This represents a 31% decrease relative to 2019 realized prices of $36.17 per Boe, excluding the effect of derivative instruments. The Company’s net loss was $58.0 million for the year ended December 31, 2020, inclusive of a $65.1 million after-tax impairment of oil and gas properties resulting from the continued reduction in commodity prices as well as certain reclassification of proved undeveloped reserves to probable and possible reserves, as a result of a slowdown in operator activity. Adjusted EBITDA was $65.0 million for the year ended December 31, 2020, down 17% from the prior year. Adjusted EBITDA ex lease bonus was $59.6 million for the year ended December 31, 2020, down 20% from the prior year. Adjusted EBITDA and Adjusted EBITDA ex lease bonus are non-GAAP financial measures. For a definition of Adjusted EBITDA and Adjusted EBITDA ex lease bonus and a reconciliation to our most directly comparable measure calculated and presented in accordance with GAAP, please read “Non-GAAP Financial Measures” below. As of December 31, 2020, the Company had a cash balance of $9.1 million and $115 million of capacity on its revolving credit facility, providing the Company with total liquidity of $124.1 million. Fourth Quarter and Full Year 2020 Financial and Operational Results 1.3 Less: 5,095 (189,546 ) 3% $ 10% 36.35 — ) — 16,777 101,515 (7,000 $ (3,703 Q3 18 97,886 (In thousands, except share data) Cash, cash equivalents and restricted cash, beginning of period 91,723 — 18,823 — Drilling Activity Update During the fourth quarter 2020, the Company identified 79 gross (0.4 net) wells spud on its mineral position, which represents a 39% sequential increase from the third quarter 2020. Brigham’s gross and net wells spud activity over the past 12 quarters is summarized in the table below: 1,213 $ DUCs $ — 2,580 Class B common stock 36 REVENUES Production Taxes (% of Revenue) Interest expense, net $ $ Net Wells Spud $ Increase in other long-term liabilities $ 20,000 $ 11,400 Adjusted EBITDA (1) 803 — 43 $ ) — — — (474 440 340 CASH FLOWS FROM OPERATING ACTIVITIES 18,674 2.49 BRIGHAM MINERALS FOURTH QUARTER 2020 EARNINGS CONFERENCE CALLThursday, February 25, 2021 at 10:00 a.m. Eastern Time (9:00 a.m. Central Time)Pre-register by visiting https://dpregister.com/sreg/10152416/e2c1055900Listen to a live audio webcast of the call by visiting the Company’s websitehttps://investors.brighamminerals.com 165 323,578 Q4 18 ) 4,985 (33,603 Brigham Minerals, Inc. Reports Fourth Quarter and Full Year 2020 Operating and Financial Results Total — 11,483 — 90% ) 721 gross (3.6 net) drilled but uncompleted locations (“DUCs”) in inventory as of December 31, 2020During Q4 2020, converted 106 (17%) gross and 1.0 (25%) net DUCs in inventory as of September 30, 2020Approximately 67% of year-end 2020 net DUC inventory located in the Permian Basin and anticipate majority of DUCs to be converted by Exxon Mobil Corporation, Chevron Corporation, Occidental Petroleum Corporation, Continental Resources, Inc. and PDC Energy, Inc. $ (51,824 Income tax expense ) ) 150 80 Adjusted EBITDA attributable to Class A common stock Less: 955 2018 (5,092 — Gathering, transportation and marketing $ Gross Wells Spud (12,762 5,606 59,758 79,569 Mineral and royalty revenues 690 Diluted (2,005 120 152 ) (12,762 74,578 $4.0 52% 2,036 $ Loss (gain) on derivative instruments, net 502 (5,609 Proceeds from issuance of Class A common stock sold in initial public offering, net of offering costs Distributions to holders of temporary equity 24,318 — $ Treasury stock, at cost; 436,630 shares at December 31, 2020 and no shares at December 31, 2019 2% — $ — Cash and cash equivalents 125 2020 (484 — Other income, net CONSOLIDATED AND COMBINED STATEMENT OF OPERATIONS 23,760 $ — 25 $ ) $10.00 $ 0.14 2019 771 $ ) Shares of Class A common stock Gathering, Transportation, and Marketing ($/Boe) (568 7% Q1 19 2020 449,061 ) A recording of the webcast will be available on the Company’s website after the call Additionally, Brigham Minerals plans to participate in the following events and conferencesMarch 1-3: Credit Suisse Energy SummitMarch 22-23, 2021: Simmons Energy Conference NON-GAAP FINANCIAL MEASURES Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA ex lease bonus, Adjusted EBITDA Margin, Discretionary Cash Flow and Discretionary Cash Flow ex lease bonus are non-GAAP supplemental financial measures used by our management and by external users of our financial statements such as investors, research analysts and others to assess the financial performance of our assets and their ability to sustain dividends over the long term without regard to financing methods, capital structure or historical cost basis. We define Adjusted Net Income as net income (loss) before impairment of oil and gas properties, after tax, and loss on extinguishment of debt, after tax. We define Adjusted EBITDA as Adjusted Net Income before depreciation, depletion and amortization, share based compensation expense, interest expense, gain or loss on derivative instruments and income tax expense, less other income, gain on sale of oil and gas properties and income tax benefit. We define Adjusted EBITDA ex lease bonus as Adjusted EBITDA further adjusted to eliminate the impacts of lease bonus revenue we receive due to the unpredictability of timing and magnitude of the revenue. We define Adjusted EBITDA Margin as Adjusted EBITDA divided by Total Revenue. We define Discretionary Cash Flow as Adjusted EBITDA, less cash interest expense and cash taxes. We define Discretionary Cash Flow ex lease bonus as Discretionary Cash Flow further adjusted to eliminate the impacts of lease bonus revenue. Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA ex lease bonus, Adjusted EBITDA Margin, Discretionary Cash Flow, and Discretionary Cash Flow ex lease bonus do not represent and should not be considered alternatives to, or more meaningful than, net income, income from operations, cash flows from operating activities or any other measure of financial performance presented in accordance with GAAP as measures of our financial performance. Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA ex lease bonus, Adjusted EBITDA Margin, Discretionary Cash Flow, and Discretionary Cash Flow ex lease bonus have important limitations as analytical tools because they exclude some but not all items that affect net income, the most directly comparable GAAP financial measure. Our computation of Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA ex lease bonus, Adjusted EBITDA Margin, Discretionary Cash Flow, and Discretionary Cash Flow ex lease bonus may differ from computations of similarly titled measures of other companies. The following tables present a reconciliation of Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA ex lease bonus, Adjusted EBITDA Margin, Discretionary Cash Flow, and Discretionary Cash Flow ex lease bonus to the most directly comparable GAAP financial measure for the periods indicated. SUPPLEMENTAL SCHEDULES Note: Items reconciled below may also pertain to non-GAAP financial items that may be discussed in the earnings call. Reconciliation of Adjusted Net Income, Adjusted EBITDA, Adjusted EBITDA ex lease bonus and Adjusted EBITDA Margin 886 $2.0 185 17,632 $ (890 2.01 (Loss) income before income tax expense Gain on sale and distribution of equity securities NGL sales — 861 Other income, net 2% 6,409 $ Payments of short-term related party loan 0.4 Less: $ Total operating expenses (6,116 Oil ($/Bbl) 33,142 64,297 Less accumulated depreciation, depletion, and amortization $ Retained cash flow (In thousands) 933 % $ Payments of short-term debt 43,558,494 (1.11 — 437 $ Evaluated property $ 15,600 DJ 14.41 — — (550) 2,203 71 325,091 0.37 Class A common stock, $0.01 par value; 400,000,000 authorized, 43,995,124 shares issued and 43,558,494 shares outstanding at December 31, 2020; 34,040,934 issued and outstanding at December 31, 2019 Depreciation, depletion, and amortization Average Realized Price, without Derivatives 2,464 Guidance Ranges General and administrative (before share-based compensation) 2.05 $ (2) Tax effect of $0.8 million tax benefit for the year ended December 31, 2019 1,158 ) Years EndedDecember 31, 32,815 (550) ) —% $ 25,750 Discretionary cash flow ex lease bonus to Class A common stock 11,533 16 12,346 100% 47 (3,527 38,178 ) ) ) 1.0 9,144 (275,404 890 (70,294 Impairment of oil and gas properties 2% $ 54.16 (449 $ ) (57,994 $ 10,630 21,639 $ Severance and ad valorem taxes $ $ 79,569 67,264 — 3.74 Current assets: — ) 7,200 REVENUES 10,049 7,750 ) 55% (19,731 Three Months EndedDecember 31, (195 — 433 OPERATING EXPENSES 505,650 $ 1,816 665 (216,832 0.26 Borrowing of long-term debt (57,994 (424 Natural gas (MMcf) $ $14.40 ) 12,546 28 0.4 $ 37.52 (823 Prepaid expenses and other Income tax (benefit) expense Depreciation and amortization Additional paid-in capital ) —% Facebook 5,809 Cash, cash equivalents and restricted cash end of period Loss on extinguishment of debt — 6,409 REALIZED PRICES ($/Boe) 132 ) — Delaware Add: 111 $ (42,412 237 Cash taxes (2) (3,608 ( 1) Refer to Reconciliation of Adjusted EBITDA from Net (Loss) Income above. $ (1) Individual amounts may not add to totals due to rounding (46,962 2% 11,533 ) $ Net cash provided by operating activities (10,246 1,427 September 30, 2020 (195,603 DUCs Lease bonus ) Additions to oil and gas properties December 31, 2019 1,235 ) ( 1) Tax effect of $11.0 million tax benefit for the three months ended December 31, 2020 and $14.4 million tax benefit for the year ended December 31, 2020. ) ) DJ $12.50 — 166,481 $ 6 $ Proceeds from sale of oil and gas properties, net Other $ 2,697 4,875 2019 — $ $ 51,133 $ ) $ $ 36.17 ) Payment of debt extinguishment fees Delaware 2% — — $ Depreciation, depletion, and amortization $ 0.2 ) — (9,646 3 32,815 $ 162,017 39% 26,306 $ $ Pinterest SCOOP ) 2,348 218,000 105,000 3,220 — ) (2,091 — — 5,606 — 680,961 823 — 31,444 102,680 ) 2020 — — — Capital distributions ) 605 11,914 — 33,614 — Share count — 5,478 (70,756 ) — (2,036 DUC Conversions Updates The Company saw significant conversion of its DUC inventory during the fourth quarter with over 106 gross (1.0 net) horizontal wells identified that had been converted to production, which represented 17% of its gross DUC inventory as of Q3 2020 (25% of net DUCs). During 2020, the Company identified the conversion of 628 gross DUCs (4.7 net DUCs) to PDP, which represents 70% of its gross DUC inventory (79% of its net DUCs) as of year-end 2019. Well conversions to proved developed producing during 2020 are summarized in the table below: $ 1.6 Bad debt expense — 1.8 449 (723 10,443 $ Total revenues 12,806 Cash interest expense 38,178 12,359 Expenses Net (loss) income attributable to Brigham Minerals, Inc. shareholders 1,565 82,200 NGLs ($/Bbl) ) Other non-current liabilities 78,207 $ Class B common stock, $0.01 par value; 150,000,000 authorized, 13,167,687 shares issued and outstanding at December 31, 2020; 22,847,045 shares issued and outstanding at December 31, 2019 407 Cash G&A Expense ($ millions) 784,162 Twitter Four Quarter Rolling Average Net Wells Spud ) Q1 18 39,297 Taxes (In thousands, except for margin % data) $ 101,515 Total 2.07 $ Capital contributions Total mineral and royalty revenues ) $ 27.59 TAGS  13.90 784,162 Twitter 755 Dividends paidlast_img read more

May 26

Plea In Gujarat HC Against Order Of Ahmedabad Municipal Commissioner To Shut Down All Shops Including Vegetable And Grocery Stores

first_imgNews UpdatesPlea In Gujarat HC Against Order Of Ahmedabad Municipal Commissioner To Shut Down All Shops Including Vegetable And Grocery Stores Radhika Roy10 May 2020 5:29 AMShare This – xA petition has been filed before the Gujarat High Court challenging the Order of the Ahmedabad Municipal Commissioner which directs all shops/parlours to be closed, excepting those selling milk and medicine, for a period of 9 days. On 6th May, a Circular had been passed by the Ahmedabad Municipal Commissioner, ordering to shut down all shops, including the shops and vendors of vegetables…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA petition has been filed before the Gujarat High Court challenging the Order of the Ahmedabad Municipal Commissioner which directs all shops/parlours to be closed, excepting those selling milk and medicine, for a period of 9 days. On 6th May, a Circular had been passed by the Ahmedabad Municipal Commissioner, ordering to shut down all shops, including the shops and vendors of vegetables and groceries in the entire city of Ahmedabad; only milk and medicine were to be exempted. The Circular was to be implemented from 7th May to 15th May, and the Circular was passed around 5pm in the evening on 6th May. The petition, filed by Advocate Neel Lakhani on behalf of Advocate and Social Activist Harshit Indravadan Shah, asserts that the lack of prior intimation and the suddenness of the Circular led to multiple people gathering on the streets and crowding vegetable shops, grocery stores etc. as the Central Govt.’s order directs all shops to close down at 7pm. “As a result of such sudden rush of thousands of people to market, the norms of social distancing and lockdown were completely broken and large number of crowd and groups gathered at different places in the entire city.” The plea further avers that the careless actions on the part of the Respondent have caused a great deal of mental and physical harassment to the people. Additionally, people have been left with insufficient amount of stock of food items at home and will be unable to last a week without any remedy or other sources. “That, most people residing in Ahmedabad are middle class people and thus they would not have enough resources or access to storage of food items that could last for a week and they had to come down on streets to purchase the necessary items”. The petition refers to a similar situation having taken place when the lockdown had been announced by the Prime Minister on 24th March at 8pm and had therefore not provided sufficient time to migrants/labourers to travel to their hometows, thereby leading to a mass gathering. It has also been contended that despite the declarations of high officials that that there are sufficient beds available for treatment of Coronavirus patients, it has come to the knowledge of the Petitioner that there are many patients who have been declined entry into the grounds of hospitals and have been asked to remain quarantined at home, despite being tested positive for COVID-19. Therefore, the actions of the Respondent creates a bigger risk for the lives of the people. The Questions of Law that have been emphasized in the petition are as follows: I. Whether the state machinery has failed to perform its duty properly? II. Whether the state machinery has failed to protect and provide a safe and secure life to its people? III. Whether the actions of state machinery increased threat to life of its people? IV. Whether such a hasty order without granting sufficient time and resources to the people amounts to undue harassment? In light of the above, the petition concludes with a prayer seeking for directions to the Respondent to provide either sufficient time alternate remedies before passing of such an Order or for the quashing the Order dated 6th May. It is also prayed that the Respondent shall solely be held reliable for the resultant spread of Coronavirus due to the gathering of large crowds as a result of the 6th May Order. Additionally, the Respondent authorities are also to be directed to create sufficient medical facilities as well as testing facilities for people suffering from the virus, and to restrain the police personnel in using physical violence upon innocent people.   Click Here To Download Petition[Read Petition] Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

May 26

Showered With Invectives, Subject To “Torture” For Not Wearing Mask: Kerala High Court Seeks Report From Police Chief

first_imgNews UpdatesShowered With Invectives, Subject To “Torture” For Not Wearing Mask: Kerala High Court Seeks Report From Police Chief Lydia Suzanne Thomas4 May 2021 10:33 PMShare This – xWhen hearing a petition filed by a person who alleged that he was verbally-abused and “tortured” by certain police officers for failing to wear a mask in a public place, the Kerala High Court stressed on the need for empathy when dealing with such cases. Justice Devan Ramachandran, who was part of the Division Bench hearing the person’s petition, orally observed that the police, who had a “great role” to play during this time, had to act with empathy. He went on to state, “We understand second wave is going on, we know that people are still violating it, a small minority is, but you cannot use police force.” Delete Kerala High Court takes up a plea by a person who alleges he was “tortured” for not wearing a mask.Police have a great role to play during this time, but they have to be empathetic, Court says.#KeralaHighCourt #CovidIndia #MaskOn— Live Law (@LiveLawIndia) May 4, 2021 Speaking for the Bench that comprised of himself and Justice Dr Kauser Edappagath, the Court underscored that the allegations certainly had to engage the attention of the State Police Chief. The Court however, did make it clear that it was not venturing opinion on the allegations itself. Accordingly, the State Police Chief was directed to place on record a report on the veracity of the allegations. “We do not for a moment say, at this time, that the allegations of the petitioner are true; but we are certain that if they are, then it requires apposite reaction from the State Police Chief,” the Court states in its order. The petition was filed by one Vaishak, a driver at Munnambam in Ernakulam. He was apprehended by police when he removed his mask while speaking to someone on the phone on the way to work. CASE: Vaishak T v. State Of Kerala COUNSEL: Advocates MB Shyni and Prashant KT for VaishakClick here to download the OrderTagsCOVID -19 Covid-19 mask guidelines Non Wearing of Masks Kerala High Court Justice Devan Ramachandran Justice Kauser Edappagath Next Storylast_img read more