Fortuna Resources III, LLC Partners with North Hudson to Fund Permian Basin Non-Operated Oil & Gas Investments

by kloudadmin | Sep 16, 2020 | News

HOUSTON, Sept. 16, 2020 /PRNewswire/ — Fortuna Resources III, LLC (“Fortuna”) announced the expansion of its partnership with additional equity commitments from North Hudson Resource Partners LP, and its affiliates (“North Hudson”)....

TNM Resources, LLC Partners with Och-Ziff to Pursue Permian Basin Oil and Gas Acquisition and Development Opportunities

by kloudadmin | Mar 2, 2017 | News

HOUSTON, February 23, 2017 – TNM Resources, LLC (“TNM”) and Fortuna Management (“Fortuna”) announced the closing of an equity commitment from certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”). TNM is a...

PDC Energy Announces Bolt-On Acquisition of Approximately 4,500 Net Acres in the Core Delaware Basin

by kloudadmin | Jan 4, 2017 | News

DENVER, Jan. 04, 2017 (GLOBE NEWSWIRE) — PDC Energy, Inc. (“PDC” or the “Company”) (Nasdaq:PDCE) today announced that on December 30, 2016, it closed the acquisition of approximately 4,500 net acres in Reeves and Culberson Counties,...

Och-Ziff Affiliates Commit $75 Million to Fortuna Resources Holdings, LLC to fund Permian Basin Oil and Gas Acquisitions and Development

by kloudadmin | Apr 27, 2016 | News

HOUSTON, May 10, 2016 –Fortuna Resources Holdings, LLC (“Fortuna”) announced today that certain affiliates of Och-Ziff Capital Management Group LLC (NYSE: OZM) (“Och-Ziff”) have committed $75 million to Fortuna, with an option to increase to $150 million. The...