Houston, Texas – SRR Rockies Holdings, LLC (“Split Rock”), an affiliate of North Hudson Resource Partners LP (“North Hudson”), announced that it has completed the sale of the majority of its remaining assets to a private buyer for a cash purchase price of $156 million. The assets are located in the Permian Basin (Texas and New Mexico), the DJ Basin (Colorado), and the Haynesville Shale (Texas and Louisiana). The assets were producing over 6,000 Boe per day (2-stream basis) and included drilling inventory in the Wolfcamp, Bone Spring, and additional formations. Together with prior asset sales, Split Rock has realized over $220 million in total sale proceeds in 2023.
About North Hudson
North Hudson Resource Partners LP is a Houston-based energy investment firm focused on opportunistic energy investments in North America. With approximately $1 billion of assets under management as of September 29, 2023, North Hudson's private equity platforms own both non-operated and operated oil and gas assets. Its current portfolio includes interests in over 4,500 wells primarily located in the Permian Basin, DJ Basin, San Juan Basin, and Haynesville Shale. For more information on North Hudson, please visit www.northhudsonrp.com.
About Split Rock
Split Rock is an independent oil and gas company based in Fort Worth, Texas, engaged in the acquisition and development of non-operated oil and gas assets primarily in the Permian Basin, DJ Basin, and Haynesville Shale. For more information, please visit www.splitrockres.com.
