Imaginea Energy confirms $300 mln investment by Lime Rock Partners
Imaginea Energy Corp has confirmed an earlier report of a US$300 million investment by U.S. energy-focused private equity firm Lime Rock Partners and a group of co-investors. The Calgary-based Imaginea, which is led by energy entrepreneur and CEO Suzanne West, will focus on the acquisition, development and optimization of conventional oil and gas properties in Western Canada. It will also put priority on sustainable oilfield development and the implementation of initiatives to both improve corporate profitability and lessen the company's environmental impact.
29 May 2014•2 mins read
