SRC Energy Inc.

SRC Energy has priced an offering of $550 million aggregate principal amount of 6.250% senior unsecured notes due December 2025.

SRC closed the offer on Nov. 29. The company intends to use the net proceeds from the offering to finance a portion of the acquisition of about 30,200 net acres in Weld County, Colorado, to pay related fees and expenses, to redeem or repurchase its existing 9% senior notes due 2021, and for general corporate purposes.