Utica Driller Eclipse Resources Files IPO – Wants to Raise $100M

Last November MDN told you that Utica Shale driller Eclipse Resources was talking about a possible initial public offering (IPO) in 2014 (see Utica Driller Eclipse Resources Talking IPO in 2014). It’s no longer just a possibility. Yesterday Eclipse filed with U.S. regulators for an IPO in which they hope to raise $100 million.

Eclipse has 90,000 acres in the Utica shale and 20,000 acres in the Marcellus shale–both in Ohio…

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