Microcap oil and natrual gas E&P PetroShare files

PetroShare, a oil and gas E&P operating in Colorado's Denver-Julesburg Basin, filed on Friday with the SEC to raise up to $27 million in an initial public offering.

The company is currently listed on the OTCQB under the ticker PRHR.

The Centennial, CO-based company was founded in 2012. It plans to list on the Nasdaq under the symbol PRHR. Roth Capital is the sole bookrunner on the deal. No pricing terms were disclosed.

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