Core Lab $60 million at-the-market offering
Davis Polk advised the sales agents in connection with an SEC-registered at-the-market offering program by Core Laboratories N.V. (Core Lab) under which Core Lab may from time to time issue and sell its common shares for up to an aggregate amount of $60 million.
With over 70 offices in more than 50 countries and approximately 3,600 employees, the Netherlands-based Core Lab is one of the world’s leading providers of proprietary and patented reservoir description and production enhancement services and products to the oil and gas industry.
The Davis Polk corporate team included partner Shane Tintle and associate Gil Savir. Counsel Will Schisa provided financial institutions advice. Partner Lucy W. Farr and associates Constance Zhang and Betsy Johnson provided tax advice. Counsel David A. Zilberberg provided environmental advice. Members of the Davis Polk team are based in the New York and Washington DC offices.