ROCK OIL HOLDINGS, LLC
Rock Oil Holdings, LLC formed in March 2014 with capital commitments totaling $500 million from Riverstone Holdings LLC, BNP Paribas, Wells Fargo along with management. We are a Houston and Denver based company, focused on using our relationships to develop opportunities in the upstream oil and gas sector. Our cross-functional team is focused on executing an active horizontal campaign in the Wolfcamp Play in Howard County, Texas.
ROCK OIL COMPANY, I
The first Rock Oil was formed in August 2010 with $84 million in capital committed by Energy Trust Partners, BNP Paribas, Wells Fargo and management. Rock Oil Partnered with Abraxas Petroleum Corporation, a publicly traded company based in San Antonio, TX and began acquiring and developing oil and gas properties in the Eagle Ford play of South Texas. After the venture acquired over 12,000 acres and drilled 16 wells, Rock Oil and Abraxas exited that investment with Rock Oil selling its 75% interest in two transactions. Rock's share of the DeWitt County property sale to Sabine Oil and Gas was $60 million and its McMullen County property sale to Sanchez Energy Corporations was $231 million.