Wednesday, April 18, 2007

UPDATE 1-Continental Resources sets IPO at 29.5 mln shares

(Reuters) - The company said in an amended filing with the U.S. Securities and Exchange Commission that it planned to sell 8.85 million shares, and Chief Executive Harold Hamm will sell an additional 20.65 million.

Continental estimates that it will receive $139.6 million in net proceeds, which it will use to repay debt.


Read more at Reuters.com Government Filings News

No comments: