Edge Petroleum Corp. - 2007-01-22

Description

Plans to publicly offer 9.2 million shares at approximately US$14.80 each and 2 million series A cumulative convertible shares for an undetermined price to fund acquisition of assets from Smith Production Inc., refinance its revolving credit facility, pay debt, fund drilling and for general corporate purposes. J.P. Morgan Securities Inc. and Raymond James & Associates Inc. are joint book-runners for both offerings.

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Estimated Price
$136.2MM
Financing Type
Report Date