Liberty Resources II gets $350m

Liberty Resources II, a newly-formed, Denver-based oil and gas company has secured a $350 million commitment, including $300 million from Riverstone Holdings, $50 million from Oakmont Corporation and additional amounts from the company’s management team. The Riverstone commitment comprises $200 million from Riverstone Global Energy and Power Fund V and $100 million from Riverstone Energy Limited.

Fieldwood Energy closes Gulf of Mexico Shelf acquisition

Fieldwood Energy, a portfolio company of Riverstone Holdings has closed its acquisition of Apache Corporation’s Gulf of Mexico Shelf business for $3.75 billion, based on an effective date of July 1, 2013. The acquisition establishes Fieldwood as the owner of the largest operated asset base on the Gulf of Mexico Shelf with a leasehold comprising greater than 500 blocks and net production of approximately 100,000 boepd, which is 55% oil.

Pattern Energy Group prices IPO

Pattern Energy Group has priced its initial public offering of 16,000,000 shares of its Class A common stock at US$22.00 per share. Private equity firm Riverstone Holdings is a backer of the business.

Leon Black of Apollo by Fred Prouser of Reuters

Exclusive: Apollo’s EP Energy Eyes IPO — Sources

(Reuters) – EP Energy LLC, the oil and gas company bought just last year by a private equity consortium led by Apollo Global Management LLC for $7.15 billion, is working with investment banks to prepare for an IPO as soon as this year, three people familiar with the matter said on Monday.

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Trilantic, Riverstone Invest in Trail Ridge Energy Partners II

Trilantic Capital Partners and Riverstone Holdings have invested in Trail Ridge Energy Partners II. Financial terms weren’t announced. Trail Ridge is a newly-formed oil and gas exploration and production company focused primarily in the Permian Basin in West Texas.  Stifel Nicolaus advised Trail Ridge in regards to financing.

Riverstone to Acquire Utex

Riverstone Holdings is to acquire Utex from investment funds affiliated with Rhône Capital. Financial terms of the transaction were not disclosed.

Talos Buys Energy Resource Technology

Talos Energy said Wednesday it has closed its buy of Energy Resource Technology GOM, the oil and gas subsidiary of Helix Energy Solutions Group.The deal was valued at $620 million. Talos is backed by Apollo Global Management and Riverstone Holdings.

Riverstone to Back Meritage Midstream Services II

Meritage Midstream Services II has partnered with Riverstone Holdings to pursue midstream opportunities in North America’s emerging resource plays. Riverstone will provide Meritage II with up to $500 million in private equity capital to focus on developing midstream systems to serve producers of natural gas and natural gas liquids. PRESS RELEASE Meritage Midstream Services II […]

Reuters – Fairfield Energy Raises $350m from Riverstone

Fairfield Energy has raised up to $350 million from private equity firm Riverstone Holdings to help fund investment in oil and gas exploration and development in the British North Sea, writes Reuters. Fairfield said that the energy-focused private equity firm agreed to invest $150 million, with an option to top that up by an additional […]

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