Synergy Resources CorporationNYSEMKT
Synergy Resources: Moving Into The Mid-Cap Category
Synergy Resources: What To Expect In 2016
Tue, May 3, 4:40 PM
- Synergy Resources (NYSEMKT:SYRG) -3.5% AH after agreeing to acquire certain oil and gas assets in Colorado from Noble Energy (NYSE:NBL) for $505M.
- SYRG says the deal includes ~33.1K primarily undeveloped net acres within the DJ Basin in the Greeley Crescent area.
- To help fund the deal, SYRG says it is launching a public offering of 45M common shares, with an underwriters option to purchase up to an additional 6.75M shares.