Horizon Resources Seeking Opportunities in Rockies Following Commitment from Denham Capital| Oil & Gas
DENVER, Colorado – (March 20, 2018) – Horizon Resources III, LLC, a company focused on the identification and acquisition of minerals, royalties and non-operated oil and gas properties in the Rockies, announced that it has secured an equity commitment from leading energy and resources-focused global private equity firm Denham Capital.
“As a Denver-based team, we have been acquiring assets in the Rockies for the last two years and built a reputation with landowners, operators and other partners as a company that conducts its business in a fair, transparent and high integrity manner,” said Chief Executive Officer Jason Dean. “By adding Denham as an investor, Horizon will be able to grow and broaden its efforts significantly at a time when there are abundant opportunities in the region.”
Horizon Resources III’s management team is led by Dean, a second generation landman with more than 20 years’ experience across several domestic oil and gas basins. He is joined by President Robert Swartwout, a petroleum geologist with extensive experience in geotechnical evaluation who has operated in the Rockies since 2006 and Chief Operating Officer Michael Zoll, a petroleum engineer with a proven track record in acquisition analysis and engineering operations.
“We have known the Horizon team for years and are confident in their capabilities. They’re not just experienced in identifying and technically evaluating opportunities, but they also know this region and how to work with local landowners and others in these communities to deliver value,” said Jordan Marye, Partner at Denham Capital.
About Horizon Resources III, LLC
Horizon Resources III is a Denver-based oil and gas company focused on the acquisition of minerals, royalties, and non-operated participation rights in the Rockies. For more information, visit http://www.horizonresourcesllc.com/.
About Denham Capital
Denham Capital is a leading energy and resources-focused global private equity firm with more than $9.0 billion of invested and committed capital across 10 fund vehicles and offices in London, Boston, Houston and Perth. The firm makes direct investments in the energy and resources sectors, including businesses involving power generation, oil and gas, and mining, across the globe and all stages of the corporate lifecycle. Denham’s investment professionals apply deep operational and industry experience and work in partnership with management teams to achieve long-term investment objectives. For more information about Denham Capital, visit www.denhamcapital.com.
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