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Fundare Resources Company, LLC

Energy (Oil and Gas) ~480 employees
Founded
--
Employees (Est.)
~480
24 leaders known
Total Funding
$250.0M
Funding Rounds
1
Last Funding
2024-05-21

About Fundare Resources Company, LLC

Fundare Resources Company is a premier operator of long-lived, low-risk oil and gas properties, focused on generating sustainable returns for shareholders through industry cycles. They leverage strong operational expertise and advanced completion technologies to maximize returns with prudent, low-cost operations.

Products & Services

Fundare Redtail Assets:Oil and gas assets in Northeast Wattenberg of the DJ Basin, covering 69,000 net acres in Weld County, Colorado, with 319 operated wells and net production of ~6.6 Mboe/d, ~70% liquids.

Specialties

Operational expertise in oil and gas Advanced completion technologies Low-cost operatorship Sustainable asset development

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Debt
T: -
FT: Debt 		A: 250000000
MR: -
FA: $250 million
FAN: 250000000 		D: 2024-05-21
FD: 2024-05-21 		1 investors
Debt Latest
2024-05-21
$250.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

M

Michael Starzer

Executive Chairman and Co-Founder

G

Gary A. Grove

Director

C

Charlie McNeil

CEO of NexGen Resources Corporation

J

J. Cody Truitt

President and CEO

B

Beau Woodward

G

Gabriel Woodward

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Recent News

Fundare Resources Company, LLC Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Energy (Oil and Gas)
Company Size
~480 employees (est.)

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Technology Stack

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