Ridgemont, Post Oak Commit $100M To Titan River Energy

Law360, New York (March 27, 2013, 7:01 PM EDT) -- Private equity firms Ridgemont Equity Partners and Post Oak Energy Capital on Wednesday said they'll pump $100 million into Titan River Energy LLC in support of Texas oil shale development.

Titan River, which was formed March 12, said its initial focus will be on drilling and developing oil-prone shale plays, adding that its management team will co-invest in the venture with Ridgemont and Post Oak.

Titan River's management team has been involved in the drilling and completion of more than 400 horizontal wells, but has lately...
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