Venari Resources raises additional $1.3 bln from private equity group

Deepwater oil exploration company Venari Resources has raised an additional $1.3 billion from a group of investors. Venari's management and existing investors Warburg Pincus, Kelso & Company, Temasek and The Jordan Company were joined by new investors GIC and BlackRock Private Equity Partners. To date, Venari has raised $2.4 billion, including $1.1 billion when the company was formed in May 2012.

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