The private equity-backed player has started the process of offering 7.5 million shares of common stock at between $15 and $18 apiece.
However, some selling stockholders are offering an additional 250,000 shares, while underwriters have an option to purchase up to 1.1625 million more.
Shares will be floated on the Nasdaq under the ticker TUSK.
The company, which specialises in hydraulic fracturing services in the Marcellus and Utica shale plays in the Appalachian basin, is backed by Wexford Capital and is part-owned by US independent Gulfport Energy.
Precursors
