Rock Oil Secures $250M From Riverstone For Shale

Law360, New York (March 13, 2014, 1:29 PM EDT) -- A new Texas oil and gas company, Rock Oil Holdings LLC, said Thursday that it has secured a $250 million equity investment from Riverstone Holdings LLC.

CEO Kyle Miller, previously of Chicago Energy Associates, leads the Rock Oil management team. The company said it wants to start building up positions in Eagle Ford, Utica Shale and the Permian Basin. Riverstone is continuing its steady stream of investments and buyouts in the $200 million to $300 million range.

"Our equity commitment to Rock Oil reflects the confidence...
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