DALLAS–(BUSINESS WIRE)–Providence Energy Ltd. (“Providence” or the “Company”) and funds managed by Oaktree Capital Management, L.P. (“Oaktree”) today announce the formation of a new mineral and royalty acquisitions company, Sierra Energy Holdings, LLC (“Sierra”), backed with $500 million in equity commitments. Sierra will pursue the acquisition of mineral and royalty interests throughout the continental United States. Formed in 1993, Providence is a privately held energy investment and manage