Teton Range, LLC is formed
Teton Range, LLC is formed with an initial equity commitment of $230 million from Riverstone Holdings, LLC and executes a purchase and sale agreement for the acquisition of the assets of Vitruvian III, LLC.
Vitruvian III Acquisition Closing
Teton Range, LLC closes its acquisition of the assets of Vitruvian III, LLC
Riverstone Holdings, LLC increases equity commitment
Riverstone Holdings, LLC increases its equity commitment to Teton Range, LLC to $419 million
Centerbridge Partners invests preferred equity and commits additional preferred equity
Centerbridge Partners commits strategic capital to Teton Range to continue its growth trajectory.
$200 million of bolt-on acquisitions
Since formation in March 2017, Teton Range, LLC has completed $200 million of bolt-on acquisitions in its core focus area in the STACK play in Oklahoma.
Teton Range signs drilling deal with Continental Resources, Inc.
Continental Resources will operate 5 two mile laterals and 1 one mile lateral in an area where Teton Range owns the majority of the acreage.