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Ultra Petroleum Corp. Announces $400.0 Million Offering of Senior Notes (Ultra Petroleum Corporation)

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(Source: Ultra Petroleum Corporation) HOUSTON, Dec. 2, 2013 /PRNewswire/ -- Ultra Petroleum Corp. (NYSE: UPL) today announced that, subject to market conditions, the company intends to offer $400.0 million in aggregate principal amount of senior unsecured notes due 2018 in a private placement pursuant to exemptions from registration under the Securities Act of 1933, as amended (the "Securities Act"). Ultra intends to use the net proceeds of this offering to fund a portion of the purchase price of its recently announced Uinta Basin acquisition. (Logo: http://photos.prnewswire.com/prnh/20020226/DATU029LOGO) The securities to be offered...

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