News listings
New Ad Position

energy-pedia general news

Mexico flagMexico

South America / GoM >>> Mexico

Mexico's Vista Oil & Gas completes $650 million IPO


13 Aug 2017

Photo - see caption

Mexican energy investment firm Vista Oil & Gas has completed a $650 million initial public offering, the company said in a statement on Thursday.

Vista's IPO marks the entry into Mexico's stock exchange of the country's first publicly traded oil firm, four years after a landmark energy reform ended the decades-long monopoly enjoyed by state-run Pemex.

Vista said it successfully offered 65 million shares at $10 each, half in Mexico and the other half in the United States and other unidentified countries.

The company, which has backing from private equity firm Riverstone Capital and is the first special purpose acquisition vehicle (SPAC) in Mexico, had planned to raise at least $500 million through the IPO, according to the prospectus.

SPACs are publicly traded buyout firms that raise funds to later complete acquisitions of assets. The company's purchase targets range from Mexico, Brazil, Colombia and Argentina.

Original article link

Source: Vista Oil & Gas via Nasdaq





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Publicly Available Deals

See all deals...

Subscriber Only Deals

Current deals: 1648
Completed deals: 4641

Company Profiles

Current Company Profiles: 2509

Corporate Activity

Current Corporate Activity articles: 2915

Companies Looking

Current number of articles: 415

Company Sales

Current Company Sales articles:1168

Geostudies

Current Geostudies articles: 516

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Union Jack Oil 149
Lynx Information Systems
RSK Logo 149
Bayphase
Polarcus Logo 149
Government of South Australia
SLR Consulting logo
energy365
EP Consult Energies
Rose & Assocs 149
count geophysics
KL Publishing
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com