Salamander Energy Swims Into Public Markets

Salamander Energy PLC, a UK-based upstream oil and gas exploration and production company focused on Southeast Asia, has raised $200 million via an IPO on the London Stock Exchange. It has a market capitalization of $405 million. Salamander raised $22.6 million in VC funding from 3i Group in September 2005, in exchange for a 15% ownership position. www.3i.com