Riata Energy, Inc. Files Registration Statement for Proposed Initial Public Offering
Posted on: Thursday, 12 January 2006, 18:00 CST
AMARILLO, Texas, Jan. 12 /PRNewswire/ -- Riata Energy, Inc. today filed a Form S-1 Registration Statement with the Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock.
Riata Energy is an oil and natural gas company with its principal focus on exploration and production. The company also owns and operates drilling rigs and a related oil field services business operating under the Lariat Services Inc. brand name; gas gathering, marketing and processing facilities; and, through its subsidiary PetroSource Energy Company, CO2 treating and transportation facilities and tertiary oil recovery operations. The company has its exploration and production activities in West Texas where it has concentrated a large, focused acreage position, and more recently, it has expanded its operations into the Piceance Basin in northwestern Colorado.
The underwriters of the offering will include Banc of America Securities LLC and a group of underwriters that is yet to be determined. The number of shares to be offered and the price range for the offering have not been determined.
The offering will be made only by means of a prospectus. You may obtain a written prospectus, when available, by contacting Banc of America Securities LLC, Capital Markets (Prospectus Fulfillment) by e-mail to dg.prospectus_distribution@bofasecurities.com or by mail to Banc of America Securities LLC, Capital Markets Operations, 100 West 33rd Street, 3rd Floor, New York, NY 10001.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
For further information, please contact: John Gaines Chief Financial Officer (806) 376-7904 ext 195 email: cfo@riataenergy.net
Riata Energy, Inc.
CONTACT: John Gaines, Chief Financial Officer of Riata Energy, Inc.,+1-806-376-7904 ext 195, or cfo@riataenergy.net
Web site: http://www.riataenergy.net/
Source: PRNewswire
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