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Oil and gas property developer Constellation Energy Partners files terms

November 2, 2006
CEP

Constellation Energy Partners, which was formed by Constellation to acquire, develop and exploit oil and natural gas properties, set the terms for its IPO on Thursday. The Baltimore-based company plans to offer 4.5 million units at a range of $19-$21 per unit. Citigroup and Lehman Brothers will be managing the deal; timing has yet to be announced.