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Dynamic Offshore (DOR) Sees IPO Price of $17-$19/Share

January 18, 2012 6:58 AM EST
Dynamic Offshore Resources, Inc. (NYSE: DOR) filed an amended registration with the U.S. Securities and Exchange Commission for an Initial Public Offering of its Common Stock. Dynamic Offshore plans to sell 16,666,667 shares and sees an offering price of $17 - $19 per share.

The offering is being made through Citigroup, Credit Suisse, Deutsche Bank Securities, Tudor, Pickering, Holt & Co., UBS Investment Bank, Capital One Southcoast, FBR Capital Markets, Howard Weil Incorporated, IBERIA Capital Partners L.L.C., Johnson Rice & Company L.L.C., Dahlman Rose & Company, Morgan Keegan, Natixis, and RBS.

Dynamic Offshore is an independent exploration and production company focused on the acquisition and development of producing oil and natural gas properties in the Gulf of Mexico.


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