The company, which has all of its assets in the UK North Sea, aims to raise between $450 million and $500 million in an initial public offering, part of which will be used to boost existing production from its mature properties and to move forward on certain developments.
Fairfield was established in 2005, backed by a group of private equity players led by Warburg Pincus and headed by former Acorn Oil & Gas chief executive Mark McAllister.
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