Energy Corp. of America plans public offering

From: Charleston Gazette | Date: April 8, 2005| Author: The Associated Press | Copyright information

Energy Corp. of America plans to raise more than $160 million with an initial public offering that will give investors units in a trust instead of stock in the company.

The company plans to create Appalachian Gas Royalty Trust, which will own royalty interests in Energy Corp. of America's natural gas- producing properties in West Virginia, Pennsylvania and Kentucky, according to a recent filing with the Securities and Exchange Commission.

The trust also will own royalty interests...

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