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Rimrock Resources Lands $75 Million Capital Commitment
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Post Oak Energy Capital and Ceja Corporation announced a $75 million capital commitment to Rimrock Resource Partners, LLC. Rimrock's management team will co-invest alongside Post Oak and Ceja.
Rimrock was formed in 2015 as a Tulsa, Oklahoma based exploration and production company. In partnership with Post Oak and Ceja, Rimrock will focus on exploration, acquisition and development opportunities, primarily in the Mid-Continent Region.
Frost Cochran, Managing Director of Post Oak, said: "The Rimrock team, led by Burt Williams and Mike Evans, is a very experienced, regionally focused management team. I am excited about working with Burt again, a seasoned executive with significant experience in the acquisition, management and exploitation of upstream assets, and Mike, a highly successful…
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