Riverstone Energy's net asset value increases in third quarter
28th Oct 2015 09:06
(ShareCast News) - Investment group Riverstone Energy posted an increase in net asset value in the third quarter, as it continued to invest in new projects. In the three months to the end of September, the FTSE 250 group said its net asset value rose 0.6% year-on-year to $16.3 per share, although th
Read moreRiverstone Energy moves into the black
29th Jul 2015 12:54
(ShareCast News) - Riverstone Energy has swung into the black, posting first half profits of $4.056m from a loss of $2.366m in the same period last year. The energy firm's net asset value was also up to $1.24bn from $1.14bn, which boosted net asset value per share to $16.36, an increase of 2.25% ove
Read moreFTSE 250 movers: Betfair hit by downgrade, oil and energy stocks higher
5th Jun 2015 12:58
Mid-caps were under pressure on Friday, following news that OPEC would not curb oil production and that Greece had opted to defer payment on €300m owed to the International Monetary Fund until Friday. Sector-wise gains made by oil, energy and mining stock were eradicated by weakness in telecommunica
Read moreRiverstone 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 Car
Read moreRiverstone energy makes quarterly loss, net asset value lower
14th May 2015 11:18
Riverstone Energy revealed a dip in net asset value per share on Thursday as it made a loss in the first quarter. The FTSE 250 group said that its net asset value per share at the end of March was $16.26 (£10.29), down from $16.31 at the end of December. Meanwhile, total net asset value at the end
Read moreRiverstone Energy to invest $100m in Meritage Midstream
10th Apr 2015 09:25
Energy group Riverstone Energy announced it will be among the investors committing funds to Canadian midstream oil group Meritage Midstream Services III LP. The FTSE 250 group said Riverstone Holdings LLC, its fund manager, will commit $100m (£68m) to Meritage, with $67m from the Riverstone Global E
Read moreRiverstone Holdings to invest $500m in Three Rivers
8th Apr 2015 08:10
Private equity firm Riverstone Holdings said it will invest $500m in Three Rivers Natural Resources III, an Austin-based oil and gas company. Riverstone Global Energy and Power Fund VI will invest $333m and Riverstone Energy will contribute with the remaining $167m. The company said it will focus o
Read moreFTSE 250 movers: Property and energy stock higher, Esure hit by downgrade
18th Mar 2015 12:59
Property service group Countrywide and estate agent Savills were trading higher after George Osborne announced his approval of a series of new housing zones in the Budget, including Plymouth and Blackpool. Spire Healthcare Group was also among the risers after JPMorgan raised their price target on t
Read moreRiverstone Holdings invests $200m in Norwegian oil explorer
26th Aug 2014 11:00
Energy and power investor Riverstone Holdings on Tuesday said it was investing $200m in new Norwegian oil & gas company Origo Exploration. Barclays Natural Resource Investments will also contribute $200m of funding to Origo and Singapore's investment company Temasek will provide $125m. The Riverst
Read moreLiberty Resources acquires 30 drilling locations in North Dakota
5th Aug 2014 11:00
Liberty Resources II signed on Monday an agreement with Emerald Oil to exchange a portion of its holdings in Williston Basin, North Dakota, for additional acreage in the area and $7.8m in cash. The oil and gas company, which is funded by London-listed Riverstone Energy, will acquire 4,175 net acre
Read moreRiverstone net assets flat since March
30th Jul 2014 12:13
Net asset value was flat at energy investor Riverstone Energy (REL) in the second quarter, with the company having so far committed almost a third of the funds raised at its October initial public offer. The FTSE 250 group, which is backed by major US private equity group Riverstone Holdings, has
Read moreRiverstone Energy owner raises funds
19th May 2014 07:54
Riverstone Global Energy and Power Fund, which is part owned by Riverstone Holdings, which also owns FTSE 250-listed Riverstone Energy, has initiated a fundraising. The Fund, which has a target size of $7.5bn, will pursue investments in the exploration & production, midstream, energy services and p
Read moreRiverstone Energy 'pleased' with first quarter performance
15th May 2014 09:34
Closed-ended energy investment company Riverstone on Thursday said it was pleased with its first quarter performance and said its investment pipeline for the group remained 'robust'. The group said it currently has "several" actionable exploration and production and midstream investments in various
Read moreRiverstone Energy makes 'continued progress' in first quarter
7th Apr 2014 07:29
Energy investment firm Riverstone Energy Limited (REL) said it was 'very pleased with the continued progress' its made during the first quarter. The company, which floated in London in October 2013, said that all five of its investments are still in their initial stages and are marked at cost, "but
Read moreRiverstone invests in Canadian oil explorer CIOC
27th Mar 2014 08:04
Energy-focused private investment firm Riverstone Energy Limited (REL) has announced an investment in Canadian International Oil Corp (CIOC), a private exploration and production company focused on liquids-rich unconventional resources in Western Canada. Since listing in London in October 2013, REL
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