Riverstone Energy to invest $100m in Carrier Energy Partners

26th May 2015 08:07

Riverstone Energy said it has invested up to $100m (£64.9m) in US-based oil and gas investment group Carrier Energy Partners II LLC.The FTSE 250 group has invested $67m via its Riverstone Global Energy and Power Fund VI, with the remaining $33m coming from Riverstone Energy Ltd.Riverstone and Carrier formed Carrier Energy Partners I in 2013 and, since then, the Texas-based group has participated in two joint ventures targeting development of oil and gas assets in the Delaware Basin and in a legacy conventional field located in South Texas."We are excited to grow our relationship with the Carrier team as we execute on this non-operated oil and gas acquisition approach in today's environment," said Riverstone Holdings partner Robert Tichio.

Top Risers

Share	Price	Change
GCM Resources (GCM)	3.75	20.97%
Empresaria Group (EMR)	25.50	13.78%
Pci-pal (PCIP)	51.00	13.64%
Essentra (ESNT)	108.20	12.12%
Robert Walters (RWA)	125.00	11.61%

Top Fallers

Share	Price	Change
AB Dynamics (ABDP)	751.00	-29.55%
Petrel Resources (PET)	0.85	-15%
IQE (IQE)	40.35	-14.87%
Ceres Power (CWR)	316.80	-13.87%
Microsalt (SALT)	17.50	-12.5%

Top By Volume

Share	Price	Volume
Premier African Minerals (PREM)	0.017	878,955,778
Forgent (FORG)	0.013	821,963,304
Buccaneer Ergy (BUCE)	0.01	153,600,314
Vodafone (VOD)	123.25	125,127,056
Lloyds (LLOY)	113.05	118,335,174

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.