Northland Capital Markets: Co-Manager for Parsley Energy’s Recent Common Stock Offering

Northland Capital Markets announced today that it has acted as Co-Manager for an up-sized offering of $885.5 million of Class A Common Stock for Parsley Energy, Inc. (“Parsley” or the “Company”). Parsley is an independent oil and natural gas company focused on the acquisition and development of unconventional oil and natural gas reserves in the Permian Basin in West Texas.

Parsley priced the sale of 25,300,000 shares of its common stock to the public at $35.00 per share for gross proceeds of approximately $885.5 million, which includes 3,300,000 shares from the fully exercised over-allotment option.

For contacts and more information: Press Release Parsley Energy 01/18/17