UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or Section 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code:
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered | ||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01 Regulation FD Disclosure.
On July 29, 2021, Vine Energy Inc. (the “Company”) issued a press release announcing the release date for its second-quarter 2021 financial and operating results, and providing the time, date and access information for the conference call and webcast the Company’s management will host to discuss the results.
On August 2, 2021, the Company issued a press release announcing the execution of an agreement with Project Canary, the standard for trusted Environmental, Social, and Governance data, in which the Company is expected to become the first in the Haynesville Basin to certify 100% of the Company’s assets and gain access to certified, responsibly sourced gas markets. The certification process is expected to begin in November 2021, when Project Canary will begin its TrustWell™ operational certification review of all the Company’s producing wells.
The information in this Form 8-K is being furnished pursuant to Item 7.01, and the information contained herein shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section, and shall not be incorporated by reference into any previous or future filing by the registrant under the Securities Act of 1933, as amended, or Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
d) Exhibits.
Exhibit No. | Description | |
99.1 | Press release of Vine Energy Inc., dated July 29, 2021. | |
99.2 | Press release of Vine Energy Inc., dated August 2, 2021. | |
104 | Cover Page Interactive Data File - The cover page XBRL tags are embedded within the inline XBRL document. |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.
Date: August 4, 2021 | Vine Energy Inc. | |||||
By: | /s/ Jonathan C. Curth | |||||
Name: | Jonathan C. Curth | |||||
Title: | Executive Vice President, General Counsel and Corporate Secretary |
[Signature Page to 8-K]
Exhibit 99.1
Vine Energy Inc. Schedules Second-Quarter 2021 Earnings Release and Conference Call Date
PLANO, TexasVine Energy Inc. (the Company) announced today that it expects to release second-quarter 2021 financial and operating results on Monday, August 16, 2021, before commencement of trading.
The Company will host a conference call to discuss the results the same day at 9 a.m. Central Time (10 a.m. Eastern Time). The webcast will be archived for replay on the Companys website following the call.
How to Listen
Webcast: listen-only participants are encouraged to access the call via the live audio webcast, which is accessible from the Investor Relations page of the companys website located at https://www.vineenergy.com/investors.
Telephonic: securities analysts can access an open phone line by dialing (844) 912-3900 using conference ID 1935439. International participants can dial (236) 714-3354.
About Vine Energy Inc.
Vine Energy Inc., based in Plano, Texas, is an energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in the Haynesville Basin of Northwest Louisiana. The Company is listed on the New York Stock Exchange under the symbol VEI.
Contacts
David Erdman
(469) 605-2480
IR@VineEnergy.com
Exhibit 99.2
Vine Energy Inc. Announces Strategic Partnership with Project Canary to Become First Company in Haynesville to Certify 100% of Assets for Entry into RSG Markets
PLANO, Texas Vine Energy Inc. (NYSE: VEI) (the Company or Vine) announced today the execution of an agreement with Project Canary, the standard for trusted Environmental, Social, and Governance data, in which Vine is expected to become the first in the Haynesville Basin to certify 100% of the companys assets and gain access to certified, responsibly sourced gas (RSG) markets.
The certification process is expected to begin in November 2021, when Project Canary will begin its TrustWell operational certification review of all the companys producing wells. In addition, Project Canary will deploy Canary X continuous emissions monitoring devices across locations representing 25-30% of Vines natural gas production which will target domestic and international RSG markets.
Noting the significance of the agreement, Eric Marsh, Chairman, President and Chief Executive Officer, commented, Since Vines inception, we have demonstrated an unwavering commitment to environmental stewardship. In the past three years alone, weve reduced our methane intensity by 62% and our greenhouse gas intensity by 35%, all while growing production nearly three times over the same period. Our relationship with Project Canary will impart the reach necessary to both independently verify our performance and reduce our emissions even further, while concurrently meeting the growing demand for cleaner and affordable natural gas across the globe. As an essential component of our nations energy backbone, we are proud of the leadership role we are playing to protect our ecosystems for future generations with energy sourced in an environmentally responsible manner.
Chris Romer, CEO and co-founder of Project Canary said, Vine Energy is a well-recognized leader in the Haynesville and we are proud to be working with them to extend their operational and environmental performance goals and objectives.
About Vine Energy Inc.
Vine Energy Inc., based in Plano, Texas, is an energy company focused on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shale plays in the Haynesville Basin of Northwest Louisiana. The Company is listed on the New York Stock Exchange under the symbol VEI.
About Project Canary
Project Canary is a Denver-based B-Corp focused on delivering trusted responsibly sourced gas certification and advanced continuous emissions monitoring technology to help energy companies achieve best-in-class ESG performance. With more than 600 operational data points analyzed, TrustWell is the most comprehensive operational certification program available, providing a recognized badge of high standards. Project Canarys team of scientists, engineers, and seasoned industry operators have earned recognition for their uncompromising standards, including being named Best for the World 2021 for creating the greatest impact through its business. www.ProjectCanary.com
Forward-Looking Statements
The information in this press release includes forward-looking statements. All statements, other than statements of historical fact included in this Notice, regarding our strategy, future operations, financial position, estimated revenue and losses, projected costs, prospects, plans and objectives of management are forward-looking statements. When used in this Notice, the words could, believe, anticipate, intend, estimate, expect, project and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on our current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. These forward-looking statements are based on managements current belief, based on currently available information, as to the outcome and timing of future events. We caution you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond our control, incident to the exploration for and development, production and sale of natural gas. These risks include, but are not limited to, commodity price volatility, lack of availability of drilling and production equipment and services, costs for drilling and completion and production services, drilling and other operating risks, environmental risks, regulatory changes, the uncertainty inherent in estimating natural gas reserves and in projecting future rates of production, cash flow and access to capital, the timing of development expenditures, and other risks.
Contacts
David Erdman
(469) 605-2480
IR@VineEnergy.com
Brian Miller
Vice President of Growth and Policy, Project Canary
(202) 669-3801
Brian.Miller@ProjectCanary.com
2
F:;::/IEMIUA"L%K;H(XT48 _K[T 6
MJ "@#DO'OA)?$ND>9 O_ !,;4%H2/XQW0_7M[_C73AZWLI6>S.'&X;V\+K=;
M'@3HT4C1NI5U)#*1@@CM7M;GS+5G9GIOPZ\>I9I%HFKR[8!\MO.QX3_9;V]#
MV^G3S\3A[^_ ]? XU1M2J;=&>N]N*\P]T* /ESQ'XLM] _:'O]>U*SEN(K&7
M8D*X!.(MBGG_ +ZH ZV/XZZEXE\4Z)I/AG2?(2YN%CN#
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end
Document and Entity Information |
Jul. 29, 2021 |
---|---|
Cover [Abstract] | |
Amendment Flag | false |
Entity Central Index Key | 0001693853 |
Document Type | 8-K |
Document Period End Date | Jul. 29, 2021 |
Entity Registrant Name | Vine Energy Inc. |
Entity Incorporation State Country Code | DE |
Entity File Number | 001-40239 |
Entity Tax Identification Number | 81-4833927 |
Entity Address, Address Line One | 5800 Granite Parkway |
Entity Address, Address Line Two | Suite 550 |
Entity Address, City or Town | Plano |
Entity Address, State or Province | TX |
Entity Address, Postal Zip Code | 75024 |
City Area Code | (469) |
Local Phone Number | 606-0540 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Class A common stock, par value $0.01 per share |
Trading Symbol | VEI |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
%@-6G:G8[>"=COKMJV_D\ $OQA69_.K>0G2]X'N
M>2@B/194M*A=@=4C%PP\P=)@ U-!+7B@(?.S"/4>&)7"K_^9D12EH=5LV>"1
M5' 1*+AG$2.* 1$^C*58L90)RF!,H@@F1+-7W'^"V%'R<>]FE[?S&BS8"U&?
M?K//[<&;?$YUR #_ZWP>C&6<$+$QAXO!&88N9(9!^Z"E3S:@0Z(!:<->$D:U
MPEM(MUFJ$HIO^U"LN"""L!L6*KI(<&[$7LI@^S#CR2GE:MB!?(\0^$!^I1A8?>O$Z/2@
M:"U5+-DKA;,L[B]6PCMDFDL8-^\K^'MS?7,C@F&568O-"((AI _QWW $-U\!:[!LZYG050;_'I2>,TBX^R 6Z)8NNLI5"(
M"LUB%>H44G\R&@\0Y0 1F%DLDH5>,C(\?H;W$H_?:)2F1XS$X2CI.(!(H?XZ
M@/#F&>ED>,@#R-U1 &3C\9@%ZPZETFW?HXO^GK7&X.T_W#DC9HW#"VVJ