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Riverstone Energy Reports Large Lift In Value Of Investment Portfolio

20th Apr 2016 06:36

LONDON (Alliance News) - Riverstone Energy Ltd Wednesday said the unrealised gross value of its investment portfolio has increased since the end of 2015.

The closed-ended energy investment company said the total gross unrealised value of its investment portfolio stood at USD1.07 billion at the end of March, a substantial 19% rise from the USD896.0 million valuation at the end of 2015.

Canadian International Oil Corp remains Riverstone's most valuable investment, with an unrealised gross value of USD337.0 million at the end of March, compared to USD330.0 million at the end of 2015.

By Joshua Warner; [email protected]; @JoshAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.


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