Denver, CO, Houston, TX and London, UK (March 13, 2014) – Rock Oil Holdings LLC (“Rock Oil” or the “Company”), a newly-formed, Denver and Houston-based oil and gas company today announced an equity commitment of up to $250 million from funds managed by energy private equity firm Riverstone Holdings LLC (“Riverstone”) and additional amounts from the Company’s management team. The Riverstone commitment comprises up to $167 million from Riverstone Global Energy and Power Fund V (“Fund V”) and up to $83 million from Riverstone Energy Limited (“REL”).
The Rock Oil management team
…Old Greenwich, CT (March 12, 2014) – Next Generation Energy Logistics, LLC (“NxGen”) has been formed by Perot Bissell, Michael Crosby, and Belinda Foxworth to pursue opportunities in the downstream energy logistics industry, including businesses involved in the distribution of diesel fuel, gasoline, CNG, LNG, bio-fuels, and industrial lubricants throughout North America. Mr. Bissell was one of the founding investors of Maxum Petroleum, Inc. and served as its CEO from 2006 until 2012. During his tenure, Maxum became of one the largest independent distributors of fuel and lubricants to commercial and industrial …
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