Antero Resources Corporation has announced the pricing and upsizing of a private placement of 5% senior unsecured notes, due March 2025.
The company intends to raise gross proceeds of $600m from the placement, which was upsized by $100m.
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The proceeds from the placement are anticipated to be used by the company to fund the redemption of its $525m of outstanding 6% senior notes and for general corporate purposes.
The private placement is scheduled for completion on 21 December.
Gulfport Energy Corporation has agreed to acquire approximately 12,600 net undeveloped acres located in the northern Monroe County of Ohio, US.
The deal involves a purchase consideration of approximately $87m, which will be funded by Gulfport Energy through cash-in-hand.
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By GlobalDataThe acreage in the Utica Shale play is located next to Gulfport’s existing acreage position and approximately 6,300 acres were allocated for the production.
Scheduled for completion in December, the transaction will expand Gulfport Energy’s acreage in Ohio.
Chesapeake Energy Corporation has announced the pricing and upsizing of 8% senior notes, due 15 January 2025.
The company intends to raise gross proceeds of $1bn from the placement, which has been upsized by $250m.
The amount raised from the placement will be used by the company to fund tender offers for certain senior notes and for general corporate purposes.
The private placement is scheduled for completion on 20 December.
Avant Energy S. de R.L. de C.V. has secured a commitment from Riverstone Holdings for an equity investment of up to $300m.
Riverstone will invest the amount in two tranches, including an initial line-of-equity investment of $150m and a funding of $150m at a later stage.
Avant Energy provides energy consulting, project development and utility management services for oil and natural gas, refined products and electricity sectors.
Bill Barrett Corporation intends to raise approximately $99m through the public offering of 13.5 million shares. The issue has also been upsized from 11.5 million units to 13.5 million units.
The underwriter J.P. Morgan Securities has been granted a 30-day option to buy up to an additional 2.2 million shares.
Bill Barrett has appointed Davis Graham & Stubbs as legal advisor for the offering.
The net proceeds from the issue are intended to be used by the company for general corporate purposes.
