EnerJex to offer series B cumulative redeemable perpetual preferreds

By Susanna Moon

Chicago, Feb. 14 - EnerJex Resources, Inc. plans to offer series B cumulative redeemable perpetual preferred stock with a liquidation preference of $25.00 per share, according to an 8-K filing with the Securities and Exchange Commission.

Northland Capital Markets and Euro Pacific Capital Inc. are the underwriters of the best-efforts offering.

Based in San Antonio, the exploration and production company is focused on the acquisition, development, exploration and production of oil and natural gas from properties located in the mid-continent region of the United States.

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