Energy & Exploration Partners files for IPO again

Energy & Exploration Partners Inc. has filed again with US regulators for an initial public offering of common stock, its second attempt to list on the New York Stock Exchange, according to Reuters.

Citigroup, Credit Suisse, and RBC Capital Markets are the underwriters for the IPO. Reuters noted that Energy & Exploration set a nominal fundraising target of about $400 million.

The report said that the company filed for a $275 million IPO in September 2012, but withdrew the offering in June. The Sept. 12 filing did not state how many shares the company planned to sell or their expected price. The company intends to list its common stock on the NYSE under the symbol "ENXP."

Reuters said that, as of July 31, the company owned about 92,828 net acres in three basins: the East Texas Basin, the Permian Basin in West Texas, and the Denver-Julesburg Basin in Wyoming.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...