Athlon Energy Announces Launch of Initial Public Offering

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Athlon Energy Announces Launchof Initial Public Offering

FORT WORTH, Texas--(BUSINESS WIRE)-- Athlon Energy Inc. (NYS: ATHL) ("Athlon") announced today that it has launched its initial public offering of 15,789,474 shares of common stock at an anticipated initial offering price between $18.00 and $20.00 per share pursuant to a registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission ("SEC"). The selling stockholders named in the registration statement have granted the underwriters a 30-day option to purchase up to an additional 2,368,421 shares of the Company's common stock. The common stock has been authorized for listing on the New York Stock Exchange under the ticker symbol "ATHL."

Citigroup Global Markets Inc. and Goldman, Sachs & Co. are acting as joint book-running managers for the offering. Merrill Lynch, Pierce, Fenner & Smith Incorporated, UBS Securities LLC and Wells Fargo Securities, LLC are also acting as book-running managers for the offering. The offering of these securities will be made only by means of a prospectus. A copy of the preliminary prospectus may be obtained from:

Citigroup

Attn: Prospectus Department

Brooklyn Army Terminal

140 58th Street, 8th Floor


Brooklyn, NY 11220

Telephone: 1-800-831-9146

        Goldman, Sachs, & Co.

Attn: Prospectus Department

200 West Street

New York, NY 10282


Telephone: 1-866-471-2526

 

About Athlon Energy

Athlon Energy is an independent exploration and production company focused on the acquisition, development and exploitation of unconventional oil and liquids-rich natural gas reserves in the Permian Basin.

Important Information

A registration statement relating to these securities has been filed with the SEC but has not yet been declared effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. The registration statement may be obtained free of charge at the SEC's website at www.sec.gov under the registrant's name, "Athlon Energy Inc." This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Statement Concerning Forward-Looking Statements

Certain statements contained in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent Athlon Energy's expectations or beliefs concerning future events, and it is possible that the results described in this press release will not be achieved. These forward-looking statements are subject to risks, uncertainties and other factors, many of which are outside of Athlon Energy's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements.

Any forward-looking statement speaks only as of the date on which it is made, and, except as required by law, Athlon Energy does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. New factors emerge from time to time, and it is not possible for Athlon Energy to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements in the prospectus filed with the SEC in connection with our initial public offering. The risk factors and other factors noted in our prospectus could cause our actual results to differ materially from those contained in any forward-looking statement.



Athlon Energy
William Butler, 817-984-8220
Chief Financial Officer
wbutler@athlonenergy.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

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