Monthly Archives: February 2015

  • Riverstone Holdings and Investor Group to invest up to C$465 Million in CanEra Inc.

    Posted in Press Releases.

    Calgary, AB, New York, NY and London, UK (January¬†21,2015) – Riverstone Holdings (“Riverstone”) today announced that CanEra Inc. (“CanEra III” or “Company”), a newly-formed, Calgary-based oil and gas company, has received an equity commitment of up to approximately C$465 million, including C$225 million from funds managed by Riverstone and additional amounts from NGP Energy Capital Management, LLC and the Company’s management team. Riverstone Energy Limited (“REL”) has committed to fund up to C$75 million of Riverstone’s obligations to CanEra III.

    CanEra III represents the third partnership between Riverstone and CanEra III’s …

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