StockMarketWire.com - Riverstone Energy is pleased with its Q3 performance, as shown by new commitments totalling $299m to Canadian Non-Operated Resources LP, Sierra Oil & Gas, Castex Energy and Origo Exploration.

This assessment was also based on the increase in NAV resulting from the valuation changes for Fieldwood Energy LLC and Canadian International Oil Corporation.

"The investment pace remains robust and Riverstone Energy Limited has now committed over half of the capital raised in the IPO," said chairman Sir Robert Wilson in a statement.

Net asset value at Sept. 30 was $1.15bn, while NAV per share at the same date was $16.19.




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