The company plans to offer around 44 million shares of common stock — including the 5.7 million shares available to the underwriters to cover over-allotments — at a price between $16 and $18 per share for gross proceeds between $700 million and $791 million.
Denver-based Jagged Peak controls more than 68,000 acres in Ward, Winkler, Pecos and Reeves counties on the Texas side of the Delaware sub-basin.
