Offering

Houston-based Silver Run Acquisition Corp. II, an energy-focused special purpose entity sponsored by an affiliate of Riverstone Holdings LLC, has closed its initial public offering (IPO) for $1.035 billion gross. The record-breaking blank check offering, headed by former Anadarko Petroleum Corp. CEO Jim Hackett, plans to enter into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination “with one or more businesses.” The IPO was priced at $10/share and sold 103.5 million units, including 13.5 million in the over-allotment option. The initial Silver Run blank check offering, now Centennial Resource Development Inc., is targeting the Permian Basin.

As capital comes to the forefront and public offerings gain steam, the U.S. energy sector this year should see sustained growth from equity and bond offerings, according to PLS Inc.

Nearly seven months after voluntarily filing for bankruptcy protection, Ultra Petroleum Corp. said it has reached agreements to reorganize with majorities of its shareholders and creditors.

The Williams Companies Inc. (WMB) is suing would-be merger partner Energy Transfer Equity LP (ETE) and ETE CEO Kelcy Warren over a recent private offering of ETE units and alleged interference with the merger plan by Warren.

Columbia Pipeline Group. Inc. (CPGX) said it raised about $1.4 billion from its public offering of 71.5 million shares. Underwriters exercised their option to purchase an additional 10.725 million shares, the company said.

One day after announcing it would offer 51 million shares of common stock, Columbia Pipeline Group. Inc. (CPGX) hit the gas Wednesday and said it was expanding the offering to 71.5 million shares, a move that appears meant to allay financial analysts’ doubts that the company can fund billions of midstream investments in 2016.

Onshore natural gas driller Memorial Resource Development Corp. rocked the Nasdaq Friday, its first trading day, with the stock gaining close to 17% from the opening price of $19.00.

EP Energy LLC, a privately held explorer formed from spun-off assets of the former El Paso Corp., launched Friday on the New York Stock Exchange.

Recently launched Enable Midstream Partners LP has filed with the U.S. Securities and Exchange Commission for a proposed initial public offering (IPO) of common units representing limited partner interests.