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Operator's New, Clever Strategy to Raise Capital

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Operator's New, Clever Strategy to Raise Capital

Carrizo Oil & Gas this past week (friday, October 15) , noted it plan to raise $211 million to fund permian deals, this is on the back on RSP Permian October 7, 2015 offering to raise $193 million for the said purpose of funding Permian deals.

Weatherford annouced on September 7, 2015 it planned to raise $1 billion, however the market set the stock tumbing and the company later cancelled the offering.

While we completely understand that equity markets view E&P companies differently from Service & Supply, what was very clear to us is that any attempt to access the equity markets without "clear" purpose of the funds, will draw sharp downward responses. 

Back to our most recent offerings from Carrizo and RSP Permian.

RSP Permian

RSP Permian is a pure play Midland Basin E&P.  Most recently…

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