Liberty Resources II LLC announces $350 million commitment led by Riverstone (Scandinavian Oil-Gas Magazine)

Liberty Resources II LLC announces $350 million commitment led by Riverstone

Published Nov 11, 2013

Liberty Resources II LLC, a newly-formed, Denver-based oil and gas company announced a $350 million commitment, including $300 million from funds managed by energy private equity firm Riverstone Holdings LLC ("Riverstone"), $50 million from Oakmont Corporation and additional amounts from the Company's management team. The Riverstone commitment comprises $200 million from Riverstone Global Energy and Power Fund V (Fund V) and $100 million from Riverstone Energy Limited (REL).

Riverstone and Liberty II management previously partnered successfully in Liberty Resources LLC ("Liberty"), an oil and gas company focused on the Bakken Shale of North Dakota.

Tags: Liberty Resources Limited

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