STATE COLLEGE, Pa.--(BUSINESS WIRE)--
Eclipse Resources Corporation (“Eclipse Resources” or the “Company”)
today announced that it has launched its initial public offering of
30,300,000 shares of common stock at an anticipated initial offering
price between $27.00 and $30.00 per share pursuant to a registration
statement on Form S-1 filed previously with the U.S. Securities and
Exchange Commission (“SEC”). The Company is offering
21,500,000 shares of its common stock and the selling stockholders named
in the registration statement are offering 8,800,000 shares of common
stock. The selling stockholders have granted the underwriters a 30-day
option to purchase up to an additional 4,545,000 shares of the Company’s
common stock. The common stock has been approved for listing on the New
York Stock Exchange under the ticker symbol “ECR.”
Citigroup Global Markets Inc., Goldman, Sachs & Co., and Morgan Stanley
& Co. LLC are acting as joint lead book-running managers for the
offering. Barclays Capital Inc., BMO Capital Markets Corp., Deutsche
Bank Securities Inc., KeyBanc Capital Markets Inc. and RBC Capital
Markets, LLC are also acting as book-running managers for the offering.
The offering of these securities will be made only by means of a written
prospectus. A copy of the preliminary prospectus may be obtained, when
available, from:
|
|
|
|
|
Citigroup
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
batprospectusdept@citi.com
Telephone: 1-800-831-9146
|
|
Goldman, Sachs & Co.
Attn: Prospectus Department
200 West Street
New York, NY 10282
prospectus-ny@ny.email.gs.com
Telephone: 1-866-471-2526
|
|
Morgan Stanley & Co. LLC
Attn: Prospectus Department
180 Varick Street, 2nd floor
New York, NY 10281
|
|
|
|
|
|
Barclays Capital Inc.
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
barclaysprospectus@broadridge.com
Telephone: 1-888-603-5847
|
|
BMO Capital Markets Corp.
Attn: Equity Syndicate Department
3 Times Square
New York, NY 10036
bmoprospectus@bmo.com
Telephone: 1-800-414-3627
|
|
Deutsche Bank Securities Inc.
Attn: Prospectus Group
60 Wall Street
New York, NY 10005
prospectus.CPDG@db.com
Telephone: 1-800-503-4611
|
|
|
|
|
|
KeyBanc Capital Markets Inc.
Attn: Prospectus Delivery Department
127 Public Square, 4th Floor
Cleveland, OH 44114
Telephone: 1-800-859-1783
|
|
RBC Capital Markets, LLC
Attn: Prospectus Department
200 Vesey Street, 8th Floor
New York, NY 10281
syndicateops@rbccm.com
Telephone: 1-866-375-6829
|
|
|
|
|
|
|
|
About Eclipse Resources Corporation
Eclipse Resources is an independent exploration and production company
engaged in the acquisition and development of oil and natural gas
properties in the Appalachian Basin, including the Utica and Marcellus
Shales.
Important Information
A registration statement relating to these securities has been filed
with the SEC but has not yet been declared effective. These securities
may not be sold nor may offers to buy be accepted prior to the time the
registration statement becomes effective. The registration statement may
be obtained free of charge at the SEC’s website at www.sec.gov
under the registrant’s name, “Eclipse Resources Corporation.” This press
release shall not constitute an offer to sell or the solicitation of an
offer to buy, nor shall there be any sale of these securities in any
state or jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the securities
laws of any such state or jurisdiction.
This release includes “forward-looking statements” within the meaning
of federal securities laws. Such forward-looking statements are subject
to a number of risks and uncertainties, many of which are beyond the
Company’s control. All statements, other than historical facts included
in this release, are forward-looking statements. All forward-looking
statements speak only as of the date of this release. Although the
Company believes that the plans, intentions and expectations reflected
in or suggested by the forward-looking statements are reasonable, there
is no assurance that these plans, intentions or expectations will be
achieved. Therefore, actual outcomes and results could materially differ
from what is expressed, implied or forecast in such statements.
We caution you that these forward-looking statements are subject to
all of the risks and uncertainties, most of which are difficult to
predict and many of which are beyond our control, incident to the
exploration for and development, production, gathering and sale of
natural gas, NGLs and oil. These risks include, but are not limited to,
legal and environmental risks, drilling and other operating risks,
regulatory changes, commodity price volatility, inflation, lack of
availability of drilling, production and processing equipment and
services, counterparty credit risk, the uncertainty inherent in
estimating natural gas, NGLs and oil reserves and in projecting future
rates of production, cash flow and access to capital, and the timing of
development expenditures.