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Resource Energy Partners

Company Summary

Description

Resource Energy Partners is an upstream energy development company formed in 2015 to acquire, joint venture, and farm-in existing producing properties by providing expertise and capital to optimize production. The Resource Energy team has decades of combined experience in resource play evaluations, capture, testing and development in over 15 resource basins in the US and internationally. The team is dedicated to using state of the art evaluation, drilling, and completion technologies while providing financial discipline to optimize production revenues in a challenging price environment. The team has a long standing reputation for conducting resource operations in a cost effective, safe, and reliable manner. On November 23, 2015, Resource Energy successfully closed its first acquisition by purchasing 112 total wells, 54 operated, with 2,300 barrels of operated oil equivalent per day production in the Williston Basin and is actively pursuing opportunities to expand its footprint in the Bakken play as well as in other Rockies and Texas unconventional oil plays. The company will be pursuing several acquisitions from $25MM to $500MM over the next several years. Resource Energy is currently seeking producing property acquisitions, joint ventures, and farm-ins to provide expertise and capital to grow production while optimizing costs and returns to all investors. Please contact a Resource Energy team member for more information if you have a producing property in need of capital and development expertise.

Website

http://resource-energy-us.com/

Recent news

  • 6/4/2019 - Resource Energy Acquires... (subscriber access)
  • 4/26/2017 - Resource Energy Can-Am... (subscriber access)
  • 11/7/2016 - Resource Energy Can-Am... (subscriber access)
  • 9/8/2016 - Resource Energy Enters... (subscriber access)

Investor Presentations

Company Transactions

Date: 5/23/2019
Type: Acquisition

DETAILS:

VOLUMES: 750 BOE/d

NOTES:
Resource Energy purchased assets operated by an undisclosed seller in the Bakken in Divide County, North Dakota.
REGIONS:
  • Bakken
  • Date: 5/15/2017
    Type: Acquisition

    DETAILS:

    COST: 34.7 $MM

    VOLUMES: 1.5 MBOE/d

    ACRES: 45000 Acres

    REGIONS:
  • Bakken
  • Date: 11/7/2016
    Type: Acquisition

    DETAILS:

    COST: 75 $MM

    NOTES:
    The acquired assets were sold under the Section 363 of the Federal Bankruptcy Code.
    REGIONS:
  • Bakken