Bracewell Represents Three Rivers Natural Resource Holdings IV in Equity Commitment of Up to $500 Million
HOUSTON – Bracewell LLP represented Three Rivers Natural Resource Holdings IV LLC in an equity commitment of up to $500 million from funds managed by energy private equity firm Riverstone Holdings LLC and additional amounts from the company’s management team.
Three Rivers IV, a newly formed, Austin-based oil and gas company, represents the fourth partnership between Riverstone and Three Rivers IV’s management team after the successful sales of substantially all of the assets of Three Rivers Natural Resource Holdings LLC, Three Rivers Natural Resource Holdings II LLC and Three Rivers Natural Resource Holdings III LLC. Similar to Riverstone’s three prior successful partnerships with Three Rivers IV management, the company will continue to focus on oil and gas acquisition opportunities in the Permian Basin.
Bracewell previously represented Three Rivers I, Three Rivers II and Three Rivers III in those sales, as well as in oil and gas acquisitions, financing transactions and other matters.
For addition information on the deal, please click here.
Bracewell lawyers involved in this transaction included:
Partners: Charles H. Still Jr., Elizabeth L. McGinley and Steven J. Lorch
Associate: Jonathan Bates