[Context: On May 18, Kayne Private Equity Income Fund announced an initial $300m equity commitment to Oklahoma City-based Valorem Energy. The company was formed by former Continental Resources executives to invest up to $1bn in the Rockies or Mid-Continent.]

Valorem Energy, LLC Receives $300 Million Equity Commitment from Kayne Private Energy Income Fund

Valorem Energy, LLC (“Valorem” or the “Company”), an independent oil and natural gas company headquartered in Oklahoma City, Oklahoma, is pleased to announce that the Company has received an initial $300 million equity commitment from the Kayne Private Energy Income Fund, L.P. (the “Fund”) and members of the management team.

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