Priced an underwritten public offering of 10 million shares of its common stock, which includes 9.5 million shares being offered by the company and 500,000 shares being offered by selling stockholders Cresta Investments LLC and Cresta Greenwood LLC at $20.00 per share. Underwriters have also been granted a 30-day option to purchase up to an additional 1.5 million shares from the company. Proceeds will be used to fund the cash purchase price of the pending acquisition of substantially all of the nonoperated Permian Basin assets owned by certain entities affiliated with Veritas Energy LLC. Pending such use, proceeds may be used to repay outstanding borrowings under its revolving credit facility. If the Veritas acquisition is not consummated, proceeds will be used for general corporate purposes, which may include the repayment of outstanding indebtedness. Morgan Stanley & Co. LLC is lead book-running manager. BofA Securities is joint book-running manager.