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Energy company GeoMet drops range for its IPO

GeoMet, a coalbed methane natural gas producer with operations in AL, VA and WV, filed an amendment this morning to decrease the number of shares being offered and the proposed range for its IPO. The Houston based company is now offering 5 million shares at a...read more

Natural gas producer GeoMet prices 5mm shares at $10

In a sign of weak demand, coalbed methane natural gas producer GeoMet priced 5 million shares (1 million shares less than expected) at $10, a 29% discount to its initially proposed $13-$15 range. Banc of America Securities acted as the lead manager for the...read more

Energy company GeoMet announces terms for its IPO

GeoMet, an exploration and production energy company focused on natural gas from coal seams, announced the terms for its IPO on Monday. The Houston based company plans to offer 6 million shares at a range of $13-$15. Banc of America is the lead manager for...read more

Energy company GeoMet announces number of shares to be offered in its IPO

GeoMet, an exploration and production energy company focusing on natural gas from coal seams, announced Wednesday that it will offer 8.2 million shares in its IPO. Banc of America is the lead manager of the deal for the Houston based company. Timing and a...read more