Responsibly developing high-quality, low-risk oil and gas assets through superior operational expertise

Fundare Resources Company is a premier operator of long-lived, low-risk producing properties that generate sustainable returns for our shareholders throughout industry cycles. We leverage our strong operational expertise to maximize shareholder returns through the implementation of advanced completion technologies and prudent, low-cost operatorship.

Companies

Fundare Redtail

Fundare acquired the Redtail assets from Whiting Petroleum in September 2021.

Redtail asset highlights include:

  • Northeast Wattenberg of the DJ Basin
  • 69,000 net acres in rural Weld County, Colorado
  • 65% Held by Production
  • 319 Operated Wells
  • Current net production of ~6.6 Mboe/d
  • ~70% liquids
  • 99% operated
  • 319 operated and 134 non-operated wells
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Fundare acquired the Green River Basin assets from HRM Resources III in July 2022, and concurrently formed Rangeview Resources Company to hold the assets.

Rangeview Green River asset highlights include:

  • Green River Basin
  • 92,000 net acres in rural Sweetwater and Carbon counties, Wyoming
  • 75% Held by Production
  • 191 Operated Wells
  • Current net production of ~24 MMcfe/d
  • ~75% natural gas
  • 88% operated
  • 191 operated and 153 non-operated wells

Moonrise Midstream provides the infrastructure and marketing support for Fundare’s Redtail oil and gas operations as well as infrastructure for third party upstream and midstream companies operating in the Niobrara-DJ Basin around Fundare’s Redtail oil and gas operations in Northeast Weld County, Colorado.

Highlights of the midstream assets include:

  • 65 million cubic feet per day (MMcf/d) refrigeration gas processing plant that is expandable to 105 MMcf/d
  • Over 22,000 horsepower of compression
  • 100 miles of gas gathering pipelines
  • Downstream interconnects with Overland Pass NGL Pipeline/Trailblazer Residue Pipeline
  • 25 miles of crude gathering pipelines that are tied into Tallgrass Energy Partners’ Pawnee crude oil terminal
  • >99% runtime
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