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QR Energy, LP Message Board

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  • mobettafred mobettafred Apr 11, 2012 9:47 AM Flag

    Insider trading; I will report to SEC

    Does this mean they are getting rid of their limited partner - the 11,297,737 shares quantum is selling?

    QR Energy, LP (NYSE: QRE) 1.5% LOWER; announced today that it has commenced an underwritten public offering of 6,202,263 common units representing limited partner interests in QRE pursuant to a registration statement on Form S-1 previously filed with the Securities and Exchange Commission. Additionally, QR Energy's sponsor, Quantum Resources Funds, is offering 11,297,737 common units in the offering. The underwriters will be granted a 30-day over-allotment option to purchase up to an additional 2,625,000 common units.

 
QRE
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