Finance & Investing | Top Story | Capital Markets | IPO News | Private Equity Activity
Centennial Resources Files First IPO In Two Years
Print
|
Delaware Basin-focused Centennial Resources has filed a S1 to go public on the NASDAQ. The proposed maximum offering is $100 Million. The will be the first IPO since Seven Generations' IPO in November 2014.
Their assets are concentrated in the Delaware Basin, a sub-basin of the Permian Basin, which consists of large, contiguous acreage blocks in Reeves, Ward and Pecos counties in West Texas.
As of June 15, 2016, the company portfolio included 61 operated producing horizontal wells. The horizontal wells span an area approximately 45 miles long by 20 miles wide where we have established commercial production in five distinct zones: the 3rd Bone Spring Sandstone, Upper Wolfcamp A, Lower Wolfcamp A, Wolfcamp B and Wolfcamp C. according to the S1.
After…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations
More IPO News News
Peak Resources Pumps the Brakes on IPO
On November 13, 2024, Peak Resources L.P., a Wyoming-based oil and gas company, quietly hit pause on its plans to go public. The limited partnership, known for its…
New E&P Files to Go Public; Looking to Raise Millions
Liberty Resources Acquisition, a blank check E&P company, filed on Friday with the SEC to raise up to $100 million. The company is led by CEO and Chairman…
New Startup E&P Company Files IPO to Raise $350 Million
The blank check company will be looking to raise $345 million in the IPO, offering 34,500,000 units at $10/share. It is led by an executive who sold his…
Former Permian Execs Launch New E&P Company
Former RSP Permian Inc. executives Scott McNeill, Jim Mutrie and Josh Rosinski with the backing on NGP have launched a new blank-check / SPAC (Special Acquisition Company). This…
Brigham Minerals Upsizes IPO to $261 Million
Brigham Minerals, Inc. has upized its IPO of 14,500,000 shares of its stock at $18.00 per share - which totals to $261 million (net proceeds of $240.6 million).…
Permian News
Why $90 Oil Isn’t Bringing Back the Rigs
Higher oil prices are not translating cleanly into a drilling response across U.S. shale, and company disclosures are starting to show why. The issue is not simply capital…
These Three Companies Will Increase Drilling & Completion Over The Next 3 Year
In the span of fifteen months, three Japanese energy companies committed more than $10.3 billion to U.S. natural gas production assets — a buying spree that has transferred…
Q1 A&D Transactions Jump to $30B , While Deal Flow Was Down 40%
The first quarter of 2026 has officially defined the "Barbell Era" of American oil and gas. While the total number of deals plummeted by 46% YoY (dropping to…
Wright to U.S. Oil Industry: The Price Signal Is Telling You to Drill
Energy Secretary Chris Wright stood in front of the largest gathering of oil executives in the world this morning and delivered a message that was equal parts market…
Apa Corp : Doing More With Less
APA's 2025 narrative was one of operational surprise. The company came in beating production guidance every single quarter while spending below plan, capturing over $300MM in cost savings…