Pipestone Energy Corp. Announces $70M Convertible Preferred Share Financing Transaction
Vinson & Elkins advised affiliates of Riverstone Holdings, LLC as the lead investor in signing definitive agreements regarding a private placement of newly issued convertible preferred shares of Pipestone Energy Corp. with an initial liquidation preference of CAD$70 million.
Pipestone Energy Corp. is focused on developing its pure-play condensate-rich Montney asset in the Pipestone area near Grande Prairie, Alberta, Canada.
About Vinson & Elkins
For more than 100 years, Vinson & Elkins has provided deep experience in handling transactions, investments, projects, and disputes worldwide. The firm is a trusted adviser to clients in the most important industrial and digital industries. Learn more by visiting www.velaw.com or follow us on Twitter @VinsonandElkins or connect with us on LinkedIn.
For more information, please speak with our media contacts.