Athlon Energy Announces Public Offering

FORT WORTH, Texas--()--Athlon Energy Inc. (NYSE: ATHL) (“Athlon”) announced today the commencement of an underwritten public offering of 11,000,000 shares of common stock pursuant to a registration statement on Form S-1 filed previously with the U.S. Securities and Exchange Commission (“SEC”). Athlon has also granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of common stock. Athlon plans to use all of the net proceeds from this offering, together with net proceeds from a senior notes offering and/or borrowings under its credit agreement to fund the purchase price of pending acquisitions and for general corporate purposes.

Citigroup Global Markets Inc. and Goldman, Sachs & Co. are acting as joint book-running managers for the offering. The offering of these securities will be made only by means of a prospectus. When available, a copy of the preliminary prospectus may be obtained from:

             

Citigroup

c/o Broadridge Financial Solutions

1155 Long Island Avenue

Edgewood, NY 11717

batprospectusdept@citi.com
Toll-Free: 1-800-831-9146

Goldman, Sachs, & Co.

Attn: Prospectus Department

200 West Street

New York, NY 10282

prospectus-ny@ny.emal.gs.com

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’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’s control, which 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 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 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 this offering. The risk factors and other factors noted in Athlon’s prospectus could cause our actual results to differ materially from those contained in any forward-looking statement.

Contacts

Athlon Energy Inc.
William Butler, 817-984-8200
Chief Financial Officer
InvestorRelations@athlonenergy.com

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Contacts

Athlon Energy Inc.
William Butler, 817-984-8200
Chief Financial Officer
InvestorRelations@athlonenergy.com