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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Fundare Acquires Green River Basin Assets from HRM Resources; 91,700 Acres

Fundare Resources Co. HRM Resources LLC
AnnouncedJul 13, 2022
TypeProperty
LocationGreen River Basin
Announced Date
July 13,2022
Close Date
July 13,2022
Transaction Type
Property




Snapshot
Net Acres
Location
Region
Rockies

Country
United States

State
Wyoming

Play


Production
Production


Transaction Details:  Require Private Equity Subscription

Fundare Resources Company LLC has acquired oil and gas assets in the Green River Basin of Wyoming from HRM Resources III LLC.

The purchase price was not disclosed.

Deal Details: Acreage: 91,700 net acres (88% operated) Production: 25 Mmcfe/d Wells: 191 Operated / 153 Non-Operated

Following a transition period, Fundare’s management team will take over operations from HRM beginning August 1, 2022. Fundare will hold the new assets under an entity called Rangeview Resources Company LLC.

Cody Truitt, President & Chief Executive Officer of Fundare commented, “We are excited to add another…



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Price History



Date Deal Headline Price$/acre
May-28-2020 MorningStar Acquires Bankrupt Southland Royalty's Assets for $11.3MM - -
Oct-23-2009 Warrior Transfers Green River Basin Assets to Macquarie Bank Affiliate - -