Lime Rock Resources Adds to Williston Basin Operations
11/20/2015HOUSTON, November 20, 2015 — Lime Rock Resources, acquirers and operators of producing oil and gas properties in the United States, today announces that it has successfully closed a third acquisition in the Williston Basin. The Russian Creek acquisition of acreage and producing wells in the Williston is the Lime Rock Resources funds’ largest acquisition to date. The Lime Rock Resources team has begun leveraging operational synergies with its other Williston Basin properties and applying its operational expertise to the large-scale asset.
The Lime Rock Resources team acquires, operates, and improves producing oil and gas properties in the United States. Based in Houston, the Lime Rock Resources team is acquiring a diverse group of proved oil and gas properties to provide its investors with attractive long-term returns. Established in 1998, Lime Rock Management has raised $5.5 billion in private equity funds for investment in the energy industry through Lime Rock Resources and Lime Rock Partners, investors of growth capital in E&P and oilfield services companies worldwide. For more information, please visit www.limerockresources.com.
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