Eclipse related stories
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Oil and gas firm Eclipse Resources files for IPO-ReutersOil and gas company Eclipse Resources Corp filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million, Reuters reported.
- Sauer Energy Lands $15M Equity Line from Eclipse Advisors
Camarillo, Calif.-based Sauer Energy, a maker of wind turbines, has entered into an agreement with Eclipse Advisors, a New York-based investor, for a $15 million line of equity to expand its manufacturing capacities.
- Pa.-based Oil and Gas Company Formed By EnCap Investments and the Hulburts
Benjamin W. Hulburt and Christopher K. Hulburt formed Eclipse Resources I LP, which is an independent oil and natural gas company based in State College, Pa. The new group is being formed with EnCap Investments LP. EnCap and Eclipse Resources' management are committing $150 million to Eclipse Resources I LP. The Hulberts are former senior executive officers of Rex Energy Corp. (Nasdaq: REXX). Eclipse Resources will acquire, explore and develop unconventional oil and natural gas properties in the Appalachian Basin.
- Adam Aircraft grounded permanently
Heavily funded Adam Aircraft declares bankruptcy; fate of assets unknown