Houston-based private equity firm North Hudson Resource Partners LP and Fort Worth, Texas-based Split Rock Resources LLC expanded their oil and gas investment partnership with total capital commitments of $140 million, according to a Sept. 10 news release.
Split Rock aims to acquire oil and gas assets composed of nonoperated stakes in all phases of the well life cycle including permitted wells, drilled but uncompleted wells and producing wells in the Denver-Julesburg Basin, the release said.
A team from Kirkland & Ellis LLP advised North Hudson in forming and expanding Split Rock Resources.
