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Friday, 05 December, 2008, 17:40 GMT | more >>

NEG on quest for IPO funds



By Upstream staff 

US independent oil and gas exploration and production company NEG has filed with regulators a notice of an initial public offering of common stock to raise up to $460 million.

The Dallas-based company, which is to be renamed National Energy Group, said in an initial filing with the US Securities & Exchange Commission that Bear Stearns & Co and Citigroup will underwrite the IPO.


Tuesday, 14 February, 2006, 11:49 GMT  | last updated: Tuesday, 14 February, 2006, 11:49 GMT

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