Vantage Energy Inc. Launches Initial Public Offering

ENGLEWOOD, Colo., Sept. 15, 2014 /PRNewswire/ -- Vantage Energy Inc. (the "Company") today announced the commencement of its initial public offering of 23,550,000 shares of its common stock, at an anticipated initial public offering price between $24.00 and $27.00 per share, pursuant to a registration statement on Form S-1 previously filed with the U.S. Securities and Exchange Commission (the "SEC").  The Company is offering 15,700,000 shares of its common stock, and the selling stockholders named in the registration statement are offering 7,850,000 shares of the Company's common stock.  The selling stockholders also expect to grant the underwriters a 30-day option to purchase up to an additional 3,532,500 shares of the Company's common stock from such selling stockholders if the underwriters sell more than 23,550,000 shares of the Company's common stock.  The Company has been approved to list its common stock on the New York Stock Exchange (NYSE) under the symbol "VEI," subject to official notice of issuance.

Barclays, Goldman, Sachs & Co., Citigroup, Credit Suisse, Tudor, Pickering, Holt & Co. and Wells Fargo Securities will act as joint book-running managers of the offering.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time that the registration statement becomes effective. 

This offering will be made only by means of a written prospectus.  A copy of the preliminary prospectus for the offering may be obtained, when available, from:

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Vantage Energy Inc.is a growth-oriented, independent oil and natural gas company engaged in the acquisition, development, exploitation and exploration of oil and natural gas properties in the United States, with a focus on the Marcellus and Barnett Shales. 

This release includes "forward-looking statements" within the meaning of federal securities laws. Such forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Vantage Energy Inc.'s control. All statements, other than historical facts included in this release, are forward-looking statements. All forward-looking statements speak only as of the date of this release. Although the Company believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements.

We caution you that these forward-looking statements are subject to all of the risks and uncertainties, most of which are difficult to predict and many of which are beyond our control, incident to the exploration for and development, production, gathering and sale of natural gas and oil. These risks include, but are not limited to, commodity price volatility, inflation, lack of availability of drilling and production equipment and services, environmental risks, drilling and other operating risks, regulatory changes, the uncertainty inherent in estimating natural gas and oil reserves and in projecting future rates of production, cash flow and access to capital, and the timing of development expenditures.

SOURCE Vantage Energy Inc.