TITLE

Ellora Opts for Sale

PUB. DATE

January 2010

SOURCE

Mergers & Acquisitions: The Dealermaker's Journal;Jan2010, Vol. 45 Issue 1, p8

SOURCE TYPE

Periodical

DOC. TYPE

Article

ABSTRACT

The article reports that Ellora Energy Inc., the Colorado based oil and gas exploration company after many tries for refiling an Initial Public Offering (IPO) has hired Bank of America /Merrill Lynch to help advise it on strategic alternatives. The company first attempted to go public in 2006, but never managed to float shares. Yorktown Energy Partners has a stake of more than 60 percent in the company and has two executives in its board. Its assets are located in Kansas and Texas.

ACCESSION #

47219693

Tags: ELLORA Energy Inc.;  GOING public (Securities);  NATURAL gas -- Prospecting;  BUSINESS enterprises -- United States;  MERRILL Lynch & Co. Inc.;  STAKEHOLDERS

 

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