Oil and natural gas exploration company, Mariner Energy, said on Tuesday it was pulling its plans to take the company public. It did not give a reason for the withdrawal in its request to the Securities and Exchange Commission.
The president, chief operating officer and chief exploration officer of the company resigned last month to pursue other interests.
The company was hoping to raise US$200 million on its operations in the Gulf of Mexico and along the US Gulf Coast.
According to the prospectus, 95.7% of Mariner was owned by Joint Energy Development Investments Limited Partnership, a general partner of Enron Capital Management.
