From the Associated Press:
Independent natural gas and oil company Rice Energy has raised $924 million from an initial public offering of its common stock.
The offering of 44 million shares is above the 40 million shares initially expected. The offering priced at $21 per share, the high end of the projected range of $19 to $21 per share.
Pennsylvania-based Rice Energy Inc. is offering 30 million shares, while the selling stockholder — NGP Holdings — is offering 14 million shares. The company won't receive any proceeds from shares sold by NGP Holdings.
NGP Holdings is giving the underwriters a 30-day option to buy up to an additional 6.6 million shares to cover any excess demand.
Rice is involved in drilling in Ohio's Utica shale.
Chesapeake Energy Corp,the Oklahoma-based firm is the No. 1 driller in Ohio.
Rig Count Interactive Map by Baker Hughes, an energy services company.
Shale Sheet Fracking, a Youngstown Vindicator blog.
The Ohio Environmental Council, a statewide eco-group based in Columbus.
Earthjustice, a national eco-group.
People's Oil and Gas Collaborative-Ohio, a grass-roots group in Northeast Ohio.
Concerned Citizens of Medina County, a grass-roots group.
No Frack Ohio, a Columbus-based grass-roots group.
Fracking: Gas Drilling's Environmental Threat by ProPublica, an online journalism site.
Pipeline, blog from Pittsburgh Post-Gazette on Marcellus shale drilling.
Allegheny Front, environmental public radio for Western Pennsylvania.