RIVERSTONE ENERGY LIMITED (LON:RSE)

Riverstone Energy Limited is a Guernsey-based close ended investment company, which solely invests in the energy industry across a range of sectors worldwide. It has till date made 20 investments in energy, oil & gas, and midstream services across Western Canada, Continental USA, Latin America, Gulf of Mexico, and Europe. It was founded in the year 2013 and its headquarters are situated in Guernsey, Channel Islands. The company is listed and traded on the London Stock Exchange publicly.

The investment manager of Riverstone Energy Limited is RIGL Holdings, LP, which is a member of the Riverstone Group. The investment objective of the company is to create a high quality and diversified portfolio of global energy assets, which helps in maximisation of the long-term risk adjusted income as well as capital growth and returns for all its shareholders. The portfolio of the company consists of more than 180 investments across Europe, Africa, Australia, Asia, and North & Latin America. The current investments in the portfolio consist of Canadian Non-Operated Resources, Centennial Resource Development, Hammerhead Resources, FreeWire Technologies, and Fieldwood energy etc. While the realised investments in the portfolio consist of Eagle Energy Exploration, Riverstone Credit Opportunities, Sierra Oil and Gas, Aleph Midstream, and Rock Oil Holdings etc. The company invests in both public as well as private securities, in the form of equity, debt, and other related instruments.

Riverstone Energy Limited follows a well-defined framework of corporate governance and aligns itself with all provisions of the UK Corporate Governance Code, as well as some additional provisions as a member of AIC (Association of Investment Companies). In addition to complying with the AIC Code, the company also complies with the GFSC (Guernsey Financial Services Commission) Code, as it is registered in Guernsey. The board of the company has set up separate committees for audit, remuneration, and nomination etc. It has an ethical code of conduct for running its business operations and promotes a culture of trust, transparency, and accountability. Apart from fulfilling all its corporate responsibilities, the company also fulfils its environmental and social responsibilities. It has a comprehensive Environmental, Social, and Governance (ESG) framework in place and complies with international best practices and guidelines to create a sustainable business. It aims to minimize the impact of its business activities on the environment and create long-term value for the business as well as the wider community.