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

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