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ARTICLES

Montney, Duvernay-Focused Private Secures Equity from Riverstone

March 28, 2014
Carolyn Davis
Riverstone Holdings LLC agreed to provide C$200 million ($180 million) in equity to fund a Canadian International Oil Corp. (CIOC) development program in the Western Canadian Deep Basin, and in particular, the Montney and Duvernay formations. Read More
bakken_acreage_20140204

Liberty Buys 53,000 Bakken Acres in North Dakota

February 4, 2014
Richard Nemec
Starting the year flush with a $350 million commitment from its backers at Riverstone Holdings LLC, Denver-based Liberty Resources II and a few other private backers on Thursday entered an agreement to buy 53,000 net acres in four counties in the Williston Basin, according to both companies. The purchase price was $455 million. Read More

Expanded PE Funding to Target More Deepwater GOM Projects

January 13, 2014
Carolyn Davis
Upstream investor Ridgewood Energy Corp., which last year threw the dice with a big investment in the deepwater Gulf of Mexico (GOM), has put together another $1.1 billion in commitments to pour even more into offshore exploration. Read More

Riverstone, Eagle Energy in $300M Partnership in Midcontinent

December 16, 2013
Charlie Passut
Riverstone Holdings LLC and its partners announced Friday that they will invest up to $300 million in Eagle Energy Exploration LLC, funding that will help the latter pursue oil and gas exploration and production (E&P) opportunities in the Midcontinent. Read More

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