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Rock Oil increases capital commitment, adds to management

Rock Oil

Wells Fargo Energy Capital and BNP Paribas have made investments and capital commitments to Rock Oil Holdings LLC. In addition, Rock Oil has named Jason R. Cansler as president and Brian F. Harper has joined as vice president – engineering.

BNP Paribas and Wells Fargo Energy Capital have each made equity capital commitments to Rock Oil of $22 million. As a result of these commitments, Rock Oil has total committed capital of $300 million.

Before joining Rock Oil, Cansler was a founding member of the Wells Fargo Securities Acquisitions and Divestiture Team. Before working at Wells Fargo he held various positions at Chevron for over ten years.

Prior to joining Rock Oil, Harper was a director with the Wells Fargo Securities Acquisitions and Divestiture Team. Before working at Wells Fargo, Harper held various positions at Burlington Resources, Chevron and Rosetta Resources, ending up as the Reservoir Manager for Rosetta Resources.

Rock Oil is a portfolio company of Riverstone Holdings LLC  and based in Houston and Denver. The company is currently focused on acquiring and exploiting concentrated land positions within the Eagle Ford, the Permian Basin and the Utica.

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