Houston Natural Resources completed the acquisition of Cunningham Energy.

Houston Natural Resources, a diversified energy company with oil and gas interests, completed the acquisition of the remaining 90.1% stake in Cunningham Energy, an independent producer of oil and gas. Financial terms were not disclosed. The company intends to change its name from Houston Natural Resources to Cunningham Natural Resources and CNRC will be focused on traditional oil and gas opportunities and energy transition materials including mining opportunities in copper, lithium, gold, as well as other precious and rare earth metals. The investment focus will be global with sustainability at the core of the strategy.