Rice Energy Inc. (NYSE: RICE) priced a private placement of $400 million, in aggregate principal amount, of senior notes, the company said March 23.
The 7.25% notes are due 2023.
Net proceeds, expected to total about $389.3 million, will support capex and other general corporate purposes.
Canonsburg, Pa.-based Rice Energy Inc. operates in the Appalachian Basin.
Today’s featured Forty Under 40 honoree is Boone Bajgier, manager of production engineering and well operations at Houston-based Advance Energy Partners.
Australian oil and gas producer Senex Energy Ltd. (ASX: SXY) will start its Surat Basin natural gas drilling program next month after contracting oil and gas services provider Easternwell. Senex is a supplier of gas to Australia's east coast gas market.
SBM Offshore has completed the project financing of FPSO Liza Unity for a total of $1.14 billion, the company said Oct. 16.