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Riverstone Bets $300 Million on MissLime-Focused Eagle Energy

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Riverstone Bets $300 Million on MissLime-Focused Eagle Energy

Eagle Energy Exploration, LLC has landed an equity commitment of up to $300 million from energy private equity firm Riverstone Holdings LLC. 

The Riverstone commitment comprises up to $200 million from Riverstone Global Energy and Power Fund V and up to $100 million from Riverstone Energy Limited.  Eagle will pursue oil and gas exploration and production opportunities in the Mid-Continent region of the United States, leveraging its deep operating experience in the region and building on its prior success accumulating, delineating and developing acreage in the Mississippi Lime.

This venture represents the second partnership between Riverstone and Eagle management, led by Steve Antry (CEO and Chairman), Michael O’Kelley (President and COO) and Ben Kemendo (CFO).  The team previously…

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