Press Releases

BILLINGS, Mont., Feb. 13, 2012 (GLOBE NEWSWIRE) -- Voyager Oil & Gas, Inc. (AMEX: VOG) today announced that it has closed on a $150 million credit facility with Macquarie Bank Ltd. The facility will be used to retire existing debt and allow Voyager to accelerate development and production growth in the Williston Basin for the purpose of Bakken and Three Forks well development, production growth and acquisition in the Williston Basin.

"Voyager is excited to partner with Macquarie to establish a conventional credit facility that will enhance the Company's options as we expand our operations in the Williston Basin," said J.R. Reger, Chief Executive Officer of Voyager Oil & Gas. "The structure of this credit relationship provides Voyager significant flexibility to meet its development targets in the coming years and respond to opportunities that we expect will create value for all Voyager stakeholders."

The credit facility, completed on February 10, 2012, is a two-tranche loan secured by all of the Company's oil and gas assets and remaining other real and personal property. The first tranche (Tranche A) has a face amount of $100 million and an initial borrowing base of $15 million. The annual interest cost, which is dependent on the usage of Tranche A and the type of loan selected, is currently 3.25% above the applicable London Interbank Borrowing Rate (LIBOR). The second tranche (Tranche B) provides up to $50 million for certain development and acquisitions and carries annual interest of LIBOR plus 7.5%. Upon completion of Voyager's semi-annual reserve updates, portions of Tranche B may be converted to Tranche A upon the satisfaction of certain conditions. The Company did not issue equity or provide royalty consideration in connection with the Macquarie facility.

"Voyager's ability to access conventional debt financing to fund future growth and replace existing expensive term debt is a sign of the continued growth and evolving maturity of our Company," added Reger. "We look forward to partnering with Macquarie in the coming years as we continue to grow our Company and believe this is one of a number of steps that will allow Voyager to meet its financial objectives in 2012 and beyond."

If you would like to receive timely information on Voyager Oil & Gas when it hits the newswire, you may sign up for Voyager's email news alert system today at: http://www.VOG-IR.com

About Voyager Oil & Gas

Voyager Oil & Gas, Inc. combines low overhead, organic acreage acquisition and strong joint venture relationships to exploit its oil and gas prospects. Voyager Oil & Gas is an exploration and production company focused on acquiring acreage in prospective natural resource plays across the continental United States. The Company's primary business is focused on properties in North Dakota and Montana targeting the Bakken and Three Forks formations.

For additional information on Voyager Oil & Gas visit the Company's website at: http://www.voyageroil.com

Forward-Looking Statements

This press release contains forward-looking statements regarding future events and future results that are subject to the safe harbors created under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act"). All statements other than statements of historical facts included in this report regarding Voyager's financial position, business strategy, plans and objectives of management for future operations, industry conditions, and indebtedness covenant compliance are forward-looking statements. When used in this report, forward-looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may" or other words and similar expressions that convey the uncertainty of future events or outcomes. Items contemplating or making assumptions about actual or potential future sales, market size, collaborations, and trends or operating results also constitute such forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and important factors (many of which are beyond Voyager's control) that could cause actual results to differ materially from those set forth in the forward-looking statements. Voyager has based these forward-looking statements on its current expectations and assumptions about future events. While management considers these expectations and assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond Voyager's control.

CONTACT: Investor Relations Contact:
         The WSR Group
         Gerald Kieft
         772-219-7525
         http://www.wallstreetresources.net/voyager.asp

SUNNYVALE, CA -- (MARKET WIRE) -- 02/13/12 -- Blue Coat Systems, Inc. (NASDAQ: BCSI), the technology leader in Web security and WAN optimization solutions, today issued its Blue Coat 2012 Web Security Report that identifies and analyzes trends in malicious attacks over the past year and makes recommendations on strategies to keep companies safe. In 2011, the most significant evolution in the threat landscape was the use of malware networks, or malnets, to launch highly dynamic Web-based attacks. These complex infrastructures, which outlast any one attack, drove a 240% increase in the number of malicious sites during the year and are expected to launch as many as two-thirds of all new attacks in 2012. The Blue Coat Security Labs team first discovered the existence of these malicious networks early in 2011 and presently is the only company to specifically identify, track and block them.

The report is available, free of charge, from Blue Coat by clicking here.

Malnets are distributed network infrastructures within the Internet that are built, managed and maintained by cybercriminals for the purpose of launching a variety of attacks against unsuspecting users over extended periods of time. The end game for malnets typically is either stealing personal information or transforming end-user systems into botnets. The Blue Coat 2012 Web Security Report details the strategies and tactics that malnet operators deploy to snare users and funnel them to dynamic malware payloads, or software which surreptitiously installs on users' computers designed for malicious or criminal purposes.

"In 2011, the ease of buying, customizing and deploying malicious software kits, coupled with a faster rotation through domain names, drove a 240% increase in malicious sites," said Chris Larsen, senior malware researcher, Blue Coat Systems. "With the average business now facing 5,000 threats per month, identifying and tracking malnets to block attacks at the source before they are launched is the most effective protection. Blue Coat uniquely provides protection from malnet-launched attacks even before they happen."

According to the report, the most common entry point into these malicious infrastructures relies on the path of least resistance, utilizing entry points that are easy to exploit, such as search engines/portals and email, or are utilized by large, diverse populations of users. Malnets have become so effective at launching attacks through search engines/portals that one in 142 searches leads to malicious links.

The 2012 Web Security Report examines the malnet ecosystem in depth, examining user behavior, malnet strategies and tactics, as well as highlighting the best defenses against these aggressive infrastructures. The report includes topics, such as:

• Most common content categories for intentionally or inadvertently hosting malware
• Malvertising attacks that funnel users into malnets via malicious Web advertisements
• Internet within an Internet that exists on social networking sites
• Negative day defense as a protection against the dynamic nature of malnets

It also explores how the existence of these malnets is driving broader changes in the threat landscape, including:

• The growing use of social networking to conduct trust and reputation-based attacks
• A shift away from news-driven topics for search engine poisoning attacks
• A significant increase in email attacks

The report analyzes data from the Blue Coat® WebPulse" service. WebPulse is a cloud-based, real-time analysis and ratings service that unites users in a common defense. Delivered via Blue Coat ProxySG® appliances and the Blue Coat Cloud Service, WebPulse receives one billion Web requests each day from 75 million globally diverse users. With comprehensive visibility into the Web ecosystem, WebPulse can automatically identify abnormal traffic and correlate it to known malnets to block attacks before they are launched. Utilizing these techniques and other advanced analysis tools, WebPulse blocks 3.3 million threats per day.

About Blue Coat Systems

Blue Coat Systems is a leading provider of Web security and WAN optimization solutions. Blue Coat offers solutions that provide the visibility, acceleration and security required to optimize and secure the flow of information to any user, on any network, anywhere. This application intelligence enables enterprises to tightly align network investments with business requirements, speed decision making and secure business applications for long-term competitive advantage. Blue Coat also offers service provider solutions for managed security and WAN optimization, as well as carrier-grade caching solutions to save on bandwidth and enhance the end-user Web experience. For additional information, please visit www.bluecoat.com.

Blue Coat, ProxySG, WebPulse and the Blue Coat logo are registered trademarks or trademarks of Blue Coat Systems, Inc. and/or its affiliates in the United States and certain other countries. All other trademarks mentioned in this document are the property of their respective owners.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contacts:
Steve Schick
Blue Coat Systems
steve.schick@bluecoat.com
408-220-2076

Danielle Ostrovsky
Merritt Group (for Blue Coat)
ostrovsky@merrittgrp.com
703-390-1537

Investor Contact:
Jane Underwood
Blue Coat Systems
jane.underwood@bluecoat.com
408-541-3015

Source: Blue Coat Systems, Inc.