BKV Corp., the largest natural gas producer in the Barnett Shale, is planning to go public as global demand soars.

BKV Corp.

The Form S-1 initial public offering (IPO) was filed Friday (Nov. 18) with the Securities and Exchange Commission. The IPO proceeds would be used in part to repay a loan agreement with Banpu North America Corp., a subsidiary of BKV parent Banpu plc.

The offering is estimated to be for $100 million, according to Renaissance Capital LLC, which tracks IPO activity. Banpu, based in Thailand, plans to remain a major BKV shareholder and controlling entity. No date was provided as to when the IPO would be launched. The number of shares to be offered and the price range for the offering also had not been disclosed.

BKV became the Barnett’s largest gas producer in 2019...