- Athlon Energy (NYSE:ATHL) announces offerings for 11M shares of common stock and $500M in senior notes to fund potential and pending acquisitions and for general corporate purposes.
- Separately, ATHL says Q1 production reached a record quarterly high of nearly 17K boe/day, up 71% Y/Y, above the high end of its earlier guidance range; approves an increased 2014 capital budget for drilling expenditures of $700M.
- Shares -1.2% AH.