Porter Hedges represented Synergy Resources Corporation in a $190M underwritten public offering.
Seaport Global Securities LLC acted as sole book-runner/co-lead manager, Johnson Rice & Company L.L.C. acted as co-lead manager, KeyBanc Capital Markets Inc. and SunTrust Robinson Humphrey, Inc. acted as senior co-managers and IBERIA Capital Partners L.L.C., Roth Capital Partners, LLC, Wunderlich Securities, Inc., Canaccord Genuity Inc., Euro Pacific Capital Inc., GMP Securities LLC, Imperial Capital LLC and Northland Securities, Inc. acted as co-managers.
Synergy Resources Corporation is a domestic oil and natural gas exploration and production company. Synergy's core area of operations is in the Denver-Julesburg Basin, which encompasses Colorado, Wyoming, Kansas, and Nebraska. The Wattenberg field in the Denver-Julesburg Basin ranks as one of the most productive fields in the U.S.
The Porter Hedges team consisted of Rob Reedy, Kevin Poli, Adam Nalley, Maria Hadjialexiou and Mac Marshall.
For more information on the transaction, please see the Synergy press release here.