Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

On 6 March 2015, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (“EUMR”), involving the acquisition by Riverstone Holdings LLC (“Riverstone”) and Barclays Bank plc (“Barclays”) of joint control over Origo Exploration AS (“Origo”). Subject to receipt of approval from the Commission, Origo is intended to constitute a full-function joint venture within the meaning of Article 3(4) EUMR.

The business activities of the undertakings concerned are:

• Riverstone: private equity firm focused on investments in the energy and power sectors.

• Barclays: global financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management services.

• Origo: newly-established company, which will be engaged in oil and gas exploration and production activities on the Norwegian and United Kingdom continental shelves.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.