 |
 |
|
 Preferred Stock Offerings
By Preferred Stock Channel Staff, updated Friday, April 19, 10:22 AM
Slide #374. EnerJex Resources, Inc. — Preferred Stock Offering
| Company: |
EnerJex Resources, Inc. (ENRJ) |
| Date announced: |
5/8/2015 |
| Security type: |
10% Series A Perpetual Preferred Stock (ENRJ.PR) |
| Shares Offered: |
183,433 |
| Date of Pricing: |
5/8/2015 |
| Price Per Share: |
$12.50 |
| Preferred Stock Offering Details: |
EnerJex Resources, Inc. (NYSE MKT: ENRJ) (NYSE MKT: ENRJ.PR) ("EnerJex" or the "Company"), an independent exploration and production company focused on the acquisition and development of oil and natural gas properties located in the Rocky Mountain and Mid-Continent regions of the United States, announced today that it intends, subject to market and other conditions, to offer its non-dilutive 10% Series A Cumulative Redeemable Perpetual Preferred Stock in an underwritten public offering pursuant to its existing shelf registration statement. The 10% Series A Cumulative Redeemable Perpetual Preferred Stock trades on the NYSE MKT under the symbol "ENRJPR". - updated 5/8 - EnerJex Resources, Inc. (NYSE MKT: ENRJ) (NYSE MKT: ENRJ.PR) ("EnerJex" or the "Company"), an independent exploration and production company focused on the acquisition and development of oil and natural gas properties located in the Rocky Mountain and Mid-Continent regions of the United States, announced today that it has priced a public offering of 183,433 shares of its 10% Series A Cumulative Redeemable Perpetual Preferred Stock at $12.50 per share for gross proceeds of $2.3 million. The offering is expected to settle and close on May 13, 2015, subject to customary closing conditions. |
EnerJex Resources is an independent energy company engaged in the business of producing and selling crude oil and natural gas. The crude oil and natural gas is obtained by the acquisition and exploration and development of mineral leases. Development and exploration may include drilling new exploratory or development wells. These operations are conducted in Kansas, Colorado, Nebraska and Texas. As of Dec 31 2016, Co.'s total net proved oil and gas reserves were 1.6 million barrels of oil equivalents, of which 64.1% was natural gas. Of the total proved reserves, about 12.2% are proved developed producing, about 42.3% are proved developed non-producing, and about 45.5% are proved undeveloped. Preferred: ENRJP
 Open the ENRJ Page at Preferred Stock Channel »
Open the ENRJ.PR Page at Preferred Stock Channel for More Information About this Preferred »
|
|
Free Email Alerts:
