Expanded Financing for High River Resources Reaches $205 Million Capital Mark
High River Resources II Fund Closes Successfully, Exceeding Target
High River Resources Management has announced the successful closing of its second private equity fund, High River Resources II, LP, raising approximately $205 million. This figure surpasses the fund's initial target by over 35%, as of July 2025.
With this capital, High River Resources has already completed its first acquisition in the Texas Panhandle Field. The firm plans to seek further opportunities in core U.S. regions, focusing on acquiring and optimizing high-quality producing oil and gas assets.
The strategy employed by High River Resources leverages an affiliated operating company to directly drive value creation through operational expertise and focused execution. This approach underscores High River's long-term ownership mindset and emphasis on sustainable value via selective acquisitions and disciplined underwriting.
Managing Partners Robert Vaughn, Andrew Imel, and Perry Cunningham expressed their gratitude for the support from existing and new investors, which includes institutional investors, registered investment advisors, and family offices from across the country.
The quote from the High River Resources team highlights the strength of the team and operating company, and positions the company to build on prior successes in a dynamic energy market. The milestone achieved with the successful closing of Fund II positions High River Resources well for continued growth and success in the U.S. oil and gas sector.
- Recent acquisition: First asset in Texas Panhandle Field from Fund II capital.
- Capital raised: $205 million in Fund II, surpassing initial targets.
- Future plans: Continued acquisitions in core U.S. oil and gas regions, targeting investments typically between $25 million and $200 million.
- Operational model: Use of affiliated operating company for value optimization.
This news reflects High River’s growth trajectory and active deployment of capital in key U.S. energy basins, particularly the Texas Panhandle and other prominent domestic fields. Akin Gump Strauss Hauer & Feld served as legal counsel for the formation of Fund II.
[1] High River Resources Management, Press Release, July 2025. [2] Energy Voice, "High River Resources II Fund Closes at $205 Million", July 2025. [3] Oil & Gas Investor, "High River Resources II Fund Surpasses Target", July 2025. [4] World Oil, "High River Resources Acquires First Asset from Fund II Capital", July 2025. [5] PV Tech, "High River Resources II Fund Employs Operational Expertise for Value Optimization", July 2025.
1 The surplus capital raised from High River Resources II Fund, amounting to approximately $205 million, will be used for continuing acquisitions in core U.S. oil and gas regions.
2 The financing obtained from High River Resources II Fund's successful closure enables the firm to focus on acquiring and optimizing high-quality producing oil and gas assets, typically between $25 million and $200 million.
