Yuma Energy IPO to raise $140m

DataRoom: Texas oil explorer and producer plans to list on ASX on Dec 13.

Yuma Energy Inc, the Texas oil explorer and producer, plans to raise between $110 million and $140 million in an initial public offering.

Houston-based Yuma, currently 65% owned by founder and chief executive Sam Banks, plans to sell 85 million new shares and between $25 million to $55 million of existing shares.

A book build is scheduled for November 25, when the IPO will be priced.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles