By OGJ editors
HOUSTON, Jan. 16 -- Riata Energy Inc., Amarillo, registered with the Securities and Exchange Commission regarding a proposed initial public offering.
Riata Energy is an exploration and production company that also owns and operates drilling rigs, a related oil field service business, gas gathering, marketing, and processing facilities, carbon dioxide treating and transportation facilities, and tertiary oil recovery operations.
The company, private since its founding in 1984, is mostly focused on West Texas and has recently expanded into the Piceance basin in northwestern Colorado.
Underwriters of the offering will include Banc of America Securities LLC and a group of underwriters still to be determined.
