Reliance Energy Announces Investment in its Crude Oil Gathering System from Metalmark Capital

MIDLAND, Texas & NEW YORK–May 23, 2016–(BUSINESS WIRE)–Reliance Energy (“Reliance” or “the Company”), a Permian Basin focused upstream company that owns approximately 40,000 net acres in the prolific Northern Midland Basin, today announced that it has received an investment in its crude oil gathering affiliate, Reliance Gathering LLC, from Metalmark Capital (“Metalmark”),

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