Press release

Riverstone Energy Limited

9 October 2014

Riverstone Energy Limited Announces Listing of 5 million Shares

London, UK (9 October 2014) - Riverstone Energy Limited (the "Company") announced today that an application has been made to the UK Listing Authority and the London Stock Exchange for 5,000,000 Ordinary Shares of no par value to be admitted to the Official List and to trading on the London Stock Exchange.

These shares have been issued by the Company at £10 per share under a Cornerstone Subscription Agreement with Kendall Family Investments LLC ("KFI") entered into at the time of the Company's initial public offering in which KFI paid for and acquired its £100 million Ordinary Shares in two equal tranches.  

As stated in the Company's Prospectus dated 24 September 2013, KFI's first tranche was payable on Admission and the second tranche was payable upon the earlier of (i) such time as the Company having invested or committed 50 per cent. of the aggregate net proceeds of the Issue; and (ii) the second anniversary of Admission. 

The shares shall rank equally with the existing issued Shares of the Company and it is expected that admission of these Shares to the Official List and to trading on the London Stock Exchange will commence at 8.00 a.m. on 10 October 2014.

Terms used in this announcement shall have the same meaning as set out in the Company's prospectus dated 24 September 2013. 

The total voting rights figure, which may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine whether they are required to notify their interest in, or a change to their interest in, the Company under the FCA's Disclosure Rules and Transparency Rules, is 76,032,058 Ordinary Shares of no par value. 

-ENDS-

About Riverstone Energy Limited:

REL is a closed-ended investment company that invests exclusively in the global energy industry, with a particular focus on the exploration & production and midstream sectors.  The company is uniquely positioned to benefit from the large number of investment opportunities being driven by the North American energy revolution and the continued growth in global energy demand.  REL aims to capitalize on the opportunities presented by Riverstone's energy investment platform.  REL is a member of the FTSE 250 and its ordinary shares are listed on the London Stock Exchange, trading under the symbol RSE. To date, REL has invested in nine energy companies spanning conventional and unconventional oil and gas activities in the Gulf of Mexico, Continental U.S., Western Canada, the U.K. North Sea, the Norwegian Sea, and Mexico.

For further details, see www.RiverstoneREL.com

Neither the contents of Riverstone Energy Limited's website nor the contents of any website accessible from hyperlinks on the websites (or any other website) is incorporated into, or forms part of, this announcement.

 Media Contacts

For Riverstone Energy Limited:

Brunswick:

Andrew Mitchell

Robin Wrench

+44-207-404-5959