Ellora Energy Cancels IPO

Ellora Energy Inc., a Boulder, Colo.-based oil and gas company, has withdrawn registration for an IPO. The company, a portfolio company of Yorktown Energy Partners, had planned to offer around 10.21 million shares at between $17 and $19 per share.

Ellora had planned to trade on the Nasdaq, with Merrill Lynch and Raymond James serving as co-lead underwriters.