Skip to content

Fundare Resources Announces Financing with Valor Upstream Credit Partners

Vinson & Elkins advised Breakwall Capital LP (“Breakwall”) in connection with a $250 million credit facility provided by Valor Upstream Credit Partners, L.P., a dedicated upstream credit fund managed by Breakwall, to Fundare Resources Company, LLC, (“Fundare”), a private oil and gas company.

Concurrently with the closing of the credit facility, Fundare has merged all businesses under Fundare’s management, Fundare Redtail, LLC, Rangeview Green River, LLC and Moonrise Midstream, LLC, as well as their wholly-owned subsidiaries, under one entity. The proceeds of the credit facility will be used to retire all existing debt held by the merged entities and to fund future development of Fundare’s oil and gas properties and Moonrise Midstream’s growth projects.

The Vinson & Elkins finance team was led by partner Caitlin Turner, counsel Zach Rider, and associates Natalie Harrison, Lary Yau and Patrick Darby. Also advising were counsel Noelle Alix; counsel Scot Dixon; partner Wendy Salinas, and associates Lauren Nieman and Patrick Darby; partner Benji Barron and associate Alex Riddle; senior associate Michael Zarcaro and associates Joseph Balhoff, Darren Fox, Vestita Zumot, Pete Berquist and Ryan Bullard. Paralegals Kerryanne McHugh, Sydney Finelli and Kathy Truett also assisted in this transaction.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 11 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting or connect with us on LinkedIn.

For more information, please speak with our media contacts.