M-U Driller Infinity Natural Resources Files for $100 Million IPO
‘Tis the season for IPOs in the Marcellus/Utica. Two weeks ago BKV Corporation announced it was (finally) launching an initial public offering (IPO) looking to raise in the neighborhood of $300 million (see The Time is Now Right – BKV Launches IPO Hoping to Raise $315M). It ended up getting $270 million (see BKV Adjusts IPO Price Down from $19-$21 to $18 per Share). On Friday, Infinity Natural Resources (INR), with 90,000 acres in the Marcellus/Utica, filed an IPO with the Securities and Exchange Commission (SEC), hoping to raise $100 million. Read More “M-U Driller Infinity Natural Resources Files for $100 Million IPO”