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Resource Energy Partners Touts $200MM In Capital

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Resource Energy Partners Touts $200MM In Capital

Resource Energy Partners LLC is a recently formed private equity-backed upstream oil and gas production company capitalized by funds affiliated with Apollo Global Management, LLC, a leading global alternative investment manager. Resource Energy was formed to implement an acquisition and exploitation strategy principally focused on the revitalization of existing wellbores as opposed to drilling new wells.

On November 23, 2015, Resource Energy successfully closed its first acquisition by purchasing 112 total wells, 54 operated, with 2,300 barrels of operated oil equivalent per day production in the Williston Basin and is actively pursuing opportunities to expand its footprint in the Bakken play as well as in other Rockies and Texas unconventional oil plays.

The company will be pursuing…

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