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This 2014 file photo shows an Extraction Oil and Gas  drilling rig outside of Windsor.
Matthew Staver, Bloomberg
This 2014 file photo shows an Extraction Oil and Gas drilling rig outside of Windsor.
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Getting your player ready...

Denver-based Extraction Oil & Gas set a price of $19 a share for its initial public offering on Tuesday, above the $15 to $18 a share range the company had expected to receive.

The company offered 33.3 million shares to the public, with underwriters having rights to sell another 5 million shares if demand proves stronger than expected.

The offering raised more than $630 million, which Extraction said it would use to pay down a revolving credit line and to fund its .

Shares of Extraction are expected to start trading Wednesday on the Nasdaq exchange under the ticker XOG.

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