ELEP News

Elephant Oil, an early-stage oil and gas E&P focused on under-explored regions in Africa, raised the proposed deal size for its upcoming IPO on Wednesday. In its latest filing, the company also disclosed financials for the nine months ended March 31, 2023. The Houston, TX-based company now plans to raise $7 million by offering 1.6 million shares at a price range of $4 to $5....read more

Elephant Oil, an early-stage oil and gas E&P focused on under-explored regions in Africa, raised the proposed deal size for its upcoming IPO on Friday. The Houston, TX-based company now plans to raise $7 million by offering 1.5 million shares at a price range of $4 to $5. The company had previously filed to offer 1.4 million shares at the same range. At the midpoint, Elephant...read more

Elephant Oil, an early-stage oil and gas E&P focused on under-explored regions in Africa, lowered the proposed deal size for its upcoming IPO on Thursday. The company originally filed in March 2022 but planned to offer warrants, so it was not eligible for tracking. The Houston, TX-based company now plans to raise $7 million by offering 1.4 million shares at a price range of $4...read more