Equity Company Exchange / Symbol Headquarters Amount Comments IHS Inc. NYSE: IHS Denver up to US$350 million Filed an initial public offering plan. Goldman, Sachs & Co. and Citigroup Global Markets Inc. are joint book-running managers; Morgan Stanley & Co. Inc. is joint lead manager; and UBS Investment Bank, KeyBanc Capital Markets and Piper Jaffray & Co. are co-managers. IHS is a holding company that includes IHS Energy and Cambridge Energy Research Associates. Cordillera Energy Partners II LLC NA Denver US$176 million Privately placed preferred private equity with EnCap Investments LP and four additional institutional investors. Advantage Energy Income Fund Toronto: AVN Calgary C$113 million Privately placed 5.25 million units at C$21.65 each to pay down debt incurred in the acquisition of Defiant Energy Corp., for 2005 capital expenditures and for general corporate purposes. The offering was led by Scotia Capital and included BMO Nesbitt Burns Inc., National Bank Financial Inc., RBC Capital Markets, CIBC World Markets Inc., Raymond James Ltd. and FirstEnergy Capital Corp. Grey Wolf Exploration Inc. Toronto: GWE Calgary C$75.3 million The wholly owned Canadian subsidiary of Abraxas Petroleum Corp. (Amex: ABP) priced its initial public offering of 26.9 million common shares at C$2.80 each. Builders Energy Services Trust Toronto: BET Calgary C$46 million Completed its initial public offering of 4.6 million trust units at C$10 each to fund acquisitions, retire long-term debt of the acquired companies and working capital. The offering was co-led by J.F. Mackie & Co. Ltd. and Canaccord Capital Corp. Toreador Resources Corp. Nasdaq: TRGL Dallas US$32.6 million Sold 1.4 million common shares at US$24.25 each to fund its 2005 capital expenditure budget and for general corporate purposes. Morgan Keegan & Co. Inc. was agent. Maverick Oil and Gas Inc. OTCBB: MVOG London US$30 million Sold 15 million units at US$2 each to fund further development of Texas projects in the Maverick Basin and Barnett Shale, acquisition and development in the U.S. and abroad. Legend Merchant Group Inc. was agent. Parallel Petroleum Corp. Nasdaq: PLLL Midland, Texas US$28 million Sold 5.8 million common shares at US$5.27 each. Jefferies & Co. Inc. was manager. Producers Oilfield Services Inc. Toronto: POS Calgary C$31.5 million Plans to issue 7 million common shares at C$4.50 each to partially fund its 2005 capital expenditure program and for general corporate purposes. Peters & Co. Ltd. is agent. Sterling Resources Ltd. Toronto Venture: SLG Calgary C$27 million Privately placed 30 million common shares at C$0.90 each to fund exploration, particularly on its recently acquired offshore U.K. petroleum licenses, and to augment working capital. Canaccord Capital Corp. and Maison Placements Canada Inc. were agents. Strat Petroleum Ltd. Pink Sheets: SPRL Toronto US$20 million Signed a standby equity line agreement to issue shares to U.S.-based investment fund The Nutmeg Group LLC. Particle Drilling Technologies Inc. OTCBB: PDRT Houston US$18 million Sold 9 million common shares at $2 each to a group of institutional and other accredited investors to fund working capital, pay certain liabilities, for research and development and other general corporate purposes. Apolo Gold Inc. OTCBB: APLL Vancouver C$20 million Plans to issue 5 million redeemable preferred shares at C$3.90 each and 5 million restricted common shares at C$0.10 each to fund drilling and related title costs on recently acquired oil properties in Kazakhstan. Universal Compression Holdings Inc. NYSE: UCO Houston US$650 million Closed a senior secured credit facility consisting of a US$250-million five-year revolving line of credit and a US$400-million seven-year term B loan. Wachovia Capital Markets LLC and J.P. Morgan Securities Inc. are joint lead arrangers and joint book-runners, Deutsche Bank Securities Inc. is co-arranger, Wachovia Bank NA is administrative agent and JPMorgan Chase Bank NA is syndication agent. Deutsche Bank Securities Inc., The Bank of Nova Scotia and The Royal Bank of Scotland Plc were co-documentation agents. Cordillera Energy Partners II LLC NA Denver US$300 million Secured a credit facility with JP Morgan Chase Bank, Bank of Scotland, US Bank NA and Fortis Capital Corp. Oilexco Inc. Toronto Venture: OIL Calgary Up to C$230 million Entered into a new debt facility with The Royal Bank of Scotland Plc for the development of the Brenda Field in the North Sea, refinancing part of the previous development costs on the Field and the acquisition of interests in Balmoral Field and an associated floating production facility. Viking Energy Royalty Trust Toronto: VKR Calgary C$145 million Entered into a new credit agreement comprised of an extendible, lower-cost revolving term credit facility and an operating credit facility. Canadian Imperial Bank of Commerce and the Bank of Nova Scotia are agents.
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