IPO News Archive

Resaca Exploitation withdraws IPO

7/27/10


Resaca Exploitation, an independent oil and gas exploitation company focused in TX and NM, withdrew its plans for an initial public offering on Tuesday because of poor market conditions. The Houston, TX-based company was founded in 2006 and booked $43 million in sales for the 12 months ended June 30, 2009. RBC Capital Markets was set to be the lead underwriter on the deal.

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Related Links: Postponed & Withdrawn
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