Attached files
| file | filename |
|---|---|
| 8-K - Harvest Oil & Gas Corp. | v174196_8k.htm |
| EX-5.1 - Harvest Oil & Gas Corp. | v174196_ex5-1.htm |
| EX-8.1 - Harvest Oil & Gas Corp. | v174196_ex8-1.htm |
| EX-1.1 - Harvest Oil & Gas Corp. | v174196_ex1-1.htm |
| EX-99.1 - Harvest Oil & Gas Corp. | v174196_ex99-1.htm |
| EX-99.2 - Harvest Oil & Gas Corp. | v174196_ex99-2.htm |
EV
Energy Partners Announces Closing of Common Unit Offering and Exercise of
Over-Allotment Option
HOUSTON,
TX, February 12, 2010 (MARKETWIRE via COMTEX News Network) — EV Energy Partners,
L.P. (NASDAQ: EVEP) today announced the closing of its previously announced
public offering of 3,000,000 common units at $28.08 per unit. The
underwriters of the Partnership’s common unit offering exercised in full their
option to purchase an additional 450,000 common units at $28.08 per
unit.
The
Partnership intends to use the net proceeds of approximately $94.5 million from
the 3,450,000 common unit offering, after deducting the underwriting discounts
and commissions and estimated offering expenses, and including the Partnership’s
general partner’s proportionate capital contribution, to fund part of the
purchase price of the recently announced Appalachian acquisition, which is
expected to close by March 31, 2010. Pending the use of the proceeds
for funding the closing of the Appalachian acquisition (or should such
acquisition not be completed, potential future acquisitions), the Partnership
intends to use the proceeds to repay indebtedness under its existing revolving
credit facility.
RBC
Capital Markets, Citi, Raymond James and Wells Fargo Securities acted as joint
book-running managers for the offering. The offering of common units will be
made only by means of a prospectus supplement and the accompanying base
prospectus, copies of which may be obtained from:
RBC
Capital Markets Corporation
Attn: Equity
Syndicate
Three
World Financial Center
200 Vesey
Street, 8th Floor
New York,
New York 10281
Telephone: (212)
428-6670
Citigroup
Global Markets Inc.
Attn: Prospectus
Department
Brooklyn
Army Terminal
140 58th
Street, 8th Floor
Brooklyn,
New York 11220
Email: batprospectusdept@citi.com
Telephone: (800)
831-9146
Raymond
James & Associates, Inc.
Attn: Equity
Syndicate
880
Carillon Parkway
St.
Petersburg, Florida 33716
Telephone: (800)
248-8863
Wells
Fargo Securities, LLC
Attn: Equity
Syndicate Dept.
375 Park
Avenue
New York,
New York 10152
Email: equity.syndicate@wachovia.com
Telephone: (800)
326-5897
An
electronic copy of the prospectus supplement and accompanying base prospectus
may also be obtained at no charge at the Securities and Exchange Commission's
website at www.sec.gov.
EV Energy
Partners, L.P., is a master limited partnership engaged in acquiring, producing
and developing oil and gas properties.
(code #:
EVEP/G)
The
common units are being offered pursuant to an effective registration statement
that the partnership previously filed with the Securities and Exchange
Commission. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy the common units or any other securities, nor
shall there be any sale of the common units or any other securities in any state
or jurisdiction in which such offer, sale or solicitation would be unlawful
prior to registration or qualification under the securities law in such state or
jurisdiction.
This
press release includes forward-looking statements. All statements, other than
statements of historical facts, included in this press release that address
activities, events or developments that the partnership expects, believes or
anticipates will or may occur in the future are forward-looking statements,
including statements regarding closing of the offering and the use of proceeds
of the offering. These statements reflect the partnership's expectations or
forecasts based on assumptions made by the partnership. These statements are
subject to risks including those relating to market conditions, financial
performance and results, prices and demand for natural gas and oil and other
important factors that could cause actual results to differ materially from our
forward-looking statements. There risks are further described in the
partnership's reports filed with the Securities and Exchange
Commission.
Any
forward-looking statement speaks only as of the date on which such statement is
made and the partnership undertakes no obligation to correct or update any
forward-looking statement, whether as a result of new information, future events
or otherwise.
Contact:
EV Energy
Partners, L.P., Houston
Michael
E. Mercer
713-651-1144
http://www.evenergypartners.com