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Announced

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Fundare Resources completed the acquisition of oil and gas assets in the Green River Basin from Kayne Anderson-backed HRM Resources III.

Synopsis

Fundare Resources, an exploration and production company, completed the acquisition of oil and gas assets in the Green River Basin from Kayne Anderson-backed HRM Resources III, an operator of an exploration and production company primarily focused on the acquisition and development of long-lived oil and gas properties. Financial terms were not disclosed. “We are excited to add another high-quality asset and basin to our portfolio. I would like to thank the HRM team for their support through the acquisition process as well as the commitment to responsible operations that is evident in their business. We look forward to growing the asset with the same focus," Cody Truitt, Fundare President & CEO.

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