Two different Riverstone-operated funds will make a pair of equity contributions in the amounts of up to $167 million (Riverstone Global Energy & Power Fund V) and up to $83 million (Riverstone Energy Ltd), according to a statement.
Rock Oil, based in Houston and Denver, will also benefit from "additional amounts" of investment from its management team.
The team has previously built up a substantial position in the Eagle Ford shale of South Texas, at least part of which it sold to Houston-based independent Sanchez Energy in a deal last year.
Sanchez
