Fort Worth, Texas
Went public 03/09/01 at $14 per share
Filing Range: 7.15 million shares at $13 to $15
Offering Size: $100.1 million
Post Offering Valuation: $420.42 million
Shares Outstanding: 30.03 million shares
Underwriters: Goldman, Sachs & Co./Credit Suisse First Boston/Dain Rauscher Wessels/Petrie Parkman & Co.
Company Counsel: Kelly Hart & Hallman
Manager Counsel: Baker Botts LLP
Auditor: Arthur Andersen LLP
The Company:
Encore Acquisition is an independent oil and natural gas company engaged in the acquisition, development and exploitation of reserves located in the Williston Basin of Montana and North Dakota, the Permian Basin of Texas and New Mexico, and the Anadarko Basin of Oklahoma.
Venture Backers:
Warburg, Pincus & Co. LLC
First Union Capital Partners
Natural Gas Partners
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 08/01/1998 4 Buyout/Acq. 5000.0
2 04/01/1999 2 Buyout/Acq. 37757.0
Financials:
(Data in $ millions except EPS)
Y/E
(12/31/00)
Total Revenues: $108.9
Net Income: (2.1)
EPS: ($5.81)