IPO News Archive

Dynamic Offshore postpones IPO

1/31/12


Dynamic Offshore Resources, a Riverstone/Carlyle-backed E&P operating offshore in the Gulf of Mexico, postponed its IPO on Tuesday because of poor market conditions. The Houston, TX-based company was founded in 2008 and booked $447.8 million in sales for the 12 months ended 9/30/11. Citi, Credit Suisse, and Deutsche Bank were set to be the lead underwriters on the deal.

Keywords/Tickers: DOR
Source: www.RenaissanceCapital.com
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