Vantage Energy Said to Explore Sale After Scrapping IPO in 2014

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Vantage Energy Inc., the oil and gas explorer that postponed anBloomberg Terminal initial public offering last year, is now exploring a sale, people with knowledge of the matter said.

The Englewood, Colorado-based company is working with Barclays Plc to find a buyer, said the people, who asked not to be identified because the information is private. Vantage, which primarily drills for gas in the southwestern Pennsylvania portion of the Marcellus Shale basin, has contacted potential suitors that operate in that region including EQT Corp. and Antero Resources Corp., the people said.