Athlon Energy closes upsized secondary public offering

Athlon Energy Inc.

Athlon Energy Inc. (NYSE: ATHL) has closed its previously announced underwritten public offering by certain selling stockholders that are affiliates of Apollo Management Holdings LP of 16.1 million shares of common stock at $32.00 per share, which includes 2.1 million shares purchased from the selling stockholders named in the registration statement pursuant to the exercise of the underwriters’ option to purchase additional shares.

The offering was upsized to 14 million shares from the original offering size of 12 million shares. Athlon did not sell any shares of common stock in the offering and did not receive any proceeds therefrom.

Citigroup Global Markets Inc. and Goldman, Sachs & Co. acted as joint book-running managers for the offering. BofA Merrill Lynch, Barclays Capital Inc., RBC Capital Markets LLC, Tudor, Pickering, Holt & Co. Securities Inc., UBS Securities LLC, and Wells Fargo Securities LLC also acted as book-running managers for the offering.

Athlon Energy is an independent exploration and production company focused on the acquisition, development, and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin.

Related Articles

Athlon Energy prices $650 million of senior notes

04/17/2014 Athlon Energy Inc. has priced $650 million of 6.00% senior unsecured notes by Athlon Holdings LP and its co-issuer and wholly owned subsidiary, Athlon Finance Corp. The company expects to close the...

Athlon Energy begins public offering

04/17/2014 Athlon Energy Inc. has begun an underwritten public offering of 11 million shares of common stock pursuant to a registration statement on Form S-1 filed previously with the US Securities and Exchan...

Oryx enters Permian with $300M equity commitment

04/09/2014 Oryx Midstream Services LLC has received an equity commitment totaling up to $300 million, and will pursue midstream opportunities in the Permian Basin, focusing initially on the Delaware Basin in ...

Outrigger Energy further expands Permian footprint

04/09/2014 Outrigger Energy LLC is expanding its midstream capabilities in the Permian Basin with the addition of a natural gas gathering and processing and crude oil gathering system in the Midland Basin of ...

Energen sells natural gas utility to become a pure play in the E&P space

04/07/2014

Energen Corp. has signed a definitive stock purchase agreement to sell its natural gas utility business, Alabama Gas Corp. (Alagasco), to The Laclede Group Inc.

More Oil & Gas Financial Articles

Athlon Energy prices $650 million of senior notes

Thu, Apr 17, 2014

Athlon Energy Inc. has priced $650 million of 6.00% senior unsecured notes by Athlon Holdings LP and its co-issuer and wholly owned subsidiary, Athlon Finance Corp. The company expects to close the sale of the notes on May 1.

Athlon Energy begins public offering

Thu, Apr 17, 2014

Athlon Energy Inc. has begun an underwritten public offering of 11 million shares of common stock pursuant to a registration statement on Form S-1 filed previously with the US Securities and Exchange Commission.

Oryx enters Permian with $300M equity commitment

Wed, Apr 9, 2014

Oryx Midstream Services LLC has received an equity commitment totaling up to $300 million, and will pursue midstream opportunities in the Permian Basin, focusing initially on the Delaware Basin in Texas and New Mexico.

Outrigger Energy further expands Permian footprint

Wed, Apr 9, 2014

Outrigger Energy LLC is expanding its midstream capabilities in the Permian Basin with the addition of a natural gas gathering and processing and crude oil gathering system in the Midland Basin of West Texas.

Energen sells natural gas utility to become a pure play in the E&P space

Mon, Apr 7, 2014

Energen Corp. has signed a definitive stock purchase agreement to sell its natural gas utility business, Alabama Gas Corp. (Alagasco), to The Laclede Group Inc.

Most Popular

Oil & Gas Jobs

Search More Job Listings >>
Subscribe to OGFJ