Riverstone Holdings LLC has committed to invest up to $300 million in Carrier Energy Partners, LLC (Carrier). With offices in Sugar Land, Texas, Carrier is focused on the acquisition and exploitation of upstream oil and gas assets. Its primary objective is to partner with select operators that are developing both unconventional and conventional reservoirs in North America.
Carrier is led by its President and CEO, Mark Clemans, a professional engineer with over 25 years of experience in technical and financial evaluations through previous roles in operations, consulting, and investment banking at top tier oil and gas and financial services firms. In 2009, Mr. Clemans founded Carrier Petroleum, a company that assembled and managed a large portfolio of non-operated assets across several U.S. basins and plays to serve as a strategic investment for a Fortune 200 company.