Finance - Equity
NCS Multistage's IPO is priced between $15 and $18 per share and includes a 1.425-million-share greenshoe. Proceeds will be used to repay debt and for general corporate purposes.
Tapstone Energy filed for an IPO of up to $100 million, the E&P, which claims to hold the largest contiguous leasehold position in the Northwest Stack Play, said in regulatory filings on April 13.
Ultra Petroleum said April 12 it successfully emerged from Chapter 11 bankruptcy following a $2.98 billion exit financing which paid the Houston-based company's creditors in full.
Vantage Energy Acquisition's IPO comes roughly six months after Biemans sold the company's predecessor to Rice Energy for $2.7 billion.
Speculation over potential Haynesville IPOs has included Vine and 2016 deal makers Indigo Minerals and Covey Park Energy.
Bonanza Creek Energy's reorganization plan has received court approval, paving the way for the Denver-based company to exit bankruptcy later this month.
The company said it has raised about $7 million in private capital from a combination of insiders and certain private individual investors since its formation last year.
Senior partners from WL Ross and Kirkland & Ellis examine the energy M&A and restructuring opportunities for energy companies.
Carbon Natural Gas plans to fill a hole left in conventional areas by larger E&Ps that have moved on to the Marcellus and Utica shales.
The offering is expected to close on April 10. Upon closing, the public will hold an approximate 26.5% limited partner interest. If the underwriters exercise the option in full, that interest will be an approximate 30.5%.
ENR Partners II will support experienced operators in upstream and oilfield service transactions in an equity range of $25 million to $75 million.
William McMullen, BCE founder and managing partner, said the purchase of preferred stock in High Mesa Inc. is one already-closed transaction in Fund II.