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Paul Hastings Represents Castex Energy in Investment from Riverstone

September 05, 2014

Houston, TX - Paul Hastings LLP, a leading global law firm, announced today that the firm represented Castex Energy 2005, L.P. in a transaction with Riverstone Holdings, LLC, an energy and power-focused private equity investment firm, in which funds managed by Riverstone made an equity commitment of up to $200 million to Castex Energy 2014, LLC, a newly-formed, Houston-based oil and gas company. Castex Energy 2014, LLC is focused on upstream oil and gas exploration and will co-invest with Castex Energy 2005, L.P. to test and develop Castex’s current and future drilling prospect inventory in the Gulf Coast region.

Tax partner

and Energy partner led the Paul Hastings team, which also included associates and .

Paul Hastings’ Houston office also recently advised

in amending its revolving credit facility, . (NYSE:CST) in definitive agreements to purchase 100% of the membership interests of Lehigh Gas GP LLC, with an equity commitment of $400 million from private equity firm EnCap Flatrock Midstream and Tall Oak management, in the purchase of substantially all of the assets of GeoMet, Inc., in a $300 million public offering and Wells Fargo in a $1.5 billion financing for .

Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.

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