EnerVest Ltd.

Description

Priced a secondary public offering by certain affiliates of EnerVest Ltd. of 17 million shares of Class A common stock. Underwriters have an option for 30-days to purchase roughly up to an additional 2.6 million shares of stock from the selling stockholders. Magnolia will not receive any proceeds from the offering. Credit Suisse Securities (USA) LLC and Citigroup are book-running managers.

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Companies
Estimated Price
$178.5MM
Financing Type
Report Date