Vantage Energy Tries New IPO After Striking Out 2 Yrs Ago

Vantage Energy logoIn July 2014, Vantage Energy, a Colorado company with major operations in the Marcellus, announced they would launch an initial public offering (IPO) seeking $400. Then in September the number was revised up–the company felt like $601 million would be the goal of their IPO (see Vantage Energy IPO Target Goes from $400M to $601M). In September, Vantage announced they were postponing the IPO, citing “unfavorable equity market conditions” (see Vantage Energy Postpones IPO Citing Unfavorable Market Conditions). Apparently market conditions have improved, because Vantage is back. On Tuesday Vantage filed with the Securities and Exchange Commission (SEC) looking to raise an estimated $600 million in an IPO. If it is successful this time, it will be the first U.S.-based driller to float an IPO in more than two years…

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