Lime Rock Resources Announces Over $1.2 Billion in Distributions to Limited Partners Across Active Funds
Houston, Texas – March 31, 2025 — Lime Rock Resources (“Lime Rock”), a Houston-based energy private equity firm focused on acquiring, operating, and improving producing oil and gas properties in the United States, is pleased to announce that it has distributed over $1.2 billion to its limited partners across its currently active funds over the past three years. These distributions represent 61% of invested capital across the firm’s open fund vehicles, underscoring the strength of Lime Rock’s operating model and disciplined investment approach.
Notably, Lime Rock Resources Fund V (2020) has returned approximately 80% of invested capital, and the Lime Rock Resources Fund V (2020) associated co-investment vehicle has returned 100% of invested capital to its limited partners.
“We are proud of these strong distribution results, which reflect our continued focus on capital discipline, high-quality asset selection, and operational execution,” said Eric Mullins, Co-Founder of Lime Rock Resources. “Achieving these levels of capital return, particularly in a dynamic commodity price environment, is a testament to the dedication and expertise of the entire Lime Rock Resources team.”
“Returning meaningful capital to our limited partners is a central part of our value proposition,” added Charlie Adcock, Co-Founder of Lime Rock Resources. “These results reinforce our strategy of acquiring assets with immediate cash flow, optimizing them through technical and operational improvements, and consistently returning capital.”
Lime Rock Resources remains well positioned to continue delivering attractive returns to its investors, with a strong portfolio of producing assets, a deep pipeline of investment opportunities, and a technical team focused on operational value creation.
About Lime Rock Resources
Founded in 2005, Lime Rock Resources is an energy-focused private equity firm that acquires, improves and operates producing oil and gas properties throughout the United States. Based in Houston, Lime Rock Resources applies a disciplined, long-term approach to asset ownership and optimization. Lime Rock Resources has built a strong track record of delivering returns to its investors by leveraging its technical and operational expertise. The firm is part of Lime Rock Management; a private equity investment platform focused on the energy sector. Since inception, Lime Rock Management has raised over $10.0 billion in private equity funds and affiliated co-investment vehicles. For more information, please visit www.limerockresources.com.