Vantage Energy Inc. opened its IPO of about 23.5 million common shares priced between $24 and $27 each, the company said Sept. 15.
Vantage offered 15.7 million common shares, while the selling stockholders offered about 7.8 million, the company added. The selling stockholders will grant the underwriters a monthlong option to purchase up to about 3.5 million additional shares if they sell more than 23.5 million shares, the company noted.
The stock will list on the New York Stock Exchange under the symbol "VEI," the company said.
Barclays Plc (NYSE: BCS), Goldman Sachs & Co., Citigroup Inc. (NYSE: C), Crédit Suisse (NYSE: CS), Tudor, Pickering, Holt & Co. and Wells Fargo Securities LLC are joint book-running managers, the company said.
Englewood, Colo.-based Vantage Energy Inc. explores and develops domestic oil and natural gas.