Denver, CO, New York, NY and London, UK (10 April 2015) – Meritage Midstream Services III, LP (“Meritage III”), a newly-formed, Denver-based midstream partnership today announced an equity commitment of up to $300 million from funds managed by energy private equity firm Riverstone Holdings LLC (“Riverstone”) to pursue midstream opportunities in Western Canada’s emerging resource plays. The initial Riverstone commitment of $100 million includes $67 million from Riverstone Global Energy and Power Fund VI and $33 million from Riverstone Energy Limited (“REL”).
Meritage III is led by Chairman and CEO Steven B. …
Continue Reading...Austin, TX, New York, NY and London, UK (8 April 2015) – Three Rivers Natural Resource Holdings III LLC (“Three Rivers III” or the “Company”), a newly-formed, Austin-based oil and gas company today announced an equity commitment of up to $500 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 $333 million from Riverstone Global Energy and Power Fund VI and up to $167 million from Riverstone Energy Limited (“REL”).
Three Rivers III represents …
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