Tapstone Energy, a Blackstone-backed oil and gas E&P focused on Oklahoma's Anadarko Basin, withdrew its plans for an initial public offering on Wednesday. It originally filed in April 2017 with an estimated $400 million deal size.
The Oklahoma City, OK-based company was founded in 2013 and booked $189 million in revenue for the 12 months ended December 31, 2016. It had planned to list on the NYSE under the symbol TE. BofA Merrill Lynch and Citi were set to be the joint bookrunners on the deal.
