Austin, TX and New York, NY (Jan. 20, 2011) – The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that an additional investment was made in Three Rivers Natural Resource Holdings LLC (“Three Rivers”), a private upstream oil & gas company based in Austin, Texas. Separately, Three Rivers acquired certain assets located in the Permian Basin of West Texas and Southeast New Mexico from Samson Resources and its affiliates (“Samson”).…
Continue Reading...Austin, Dallas, and New York (December 23, 2010) – The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it has completed the acquisition of USA Compression Holdings, LP, the parent company of USA Compression Partners, LLC (“USA Compression” or the “Company”), a natural gas compression services company headquartered in Austin and Dallas, Texas. The terms of the transaction were not disclosed.…
Continue Reading...Houston, TX (July 29, 2010) – Quorum Business Solutions, Inc., a leading provider of business and information technology solutions for the oil, gas, and renewable energy industry, today announced that The Carlyle Group, the global alternative asset manager, and Riverstone Holdings LLC, the energy‐focused private equity firm, have made a significant capital investment in the company. Financial terms were not disclosed.…
Continue Reading...Fort Worth, Texas and New York, NY (May 4, 2010) – The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that, together with a Fort Worth, Texas based private investor group and management, it has committed $200 million to Enduro Resource Partners LLC (“Enduro” or “the Company”). Enduro, a private company based in Fort Worth, will be led by a team of experienced and successful oil and gas professionals including Jon S. Brumley (“Jonny Brumley”) and John Arms. Riverstone …
Continue Reading...Austin, TX and New York, NY (April 15, 2010) – The Riverstone/Carlyle Global Energy and Power Funds, a group of energy-focused private equity funds managed by Riverstone Holdings LLC (“Riverstone”), announced today that it will make a strategic investment in Three Rivers Operating Company LLC (“Three Rivers” or the “Company”), a private upstream oil & gas company based in Austin, Texas. Separately, Three Rivers will acquire certain assets of Chesapeake Energy Corporation (“Chesapeake”). The assets are primarily located in the Permian Basin of West Texas and Southeast New Mexico. Terms of the …
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