News

Five Acquisitions Completed in 2nd & 3rd Quarter of 2015 – Now Operates in 10 States

Posted by Jasmine Proctor

In the second and third quarters of 2015, Foundation Energy Fund V completed five property acquisitions comprised of both bolt on and operating area extensions across the Greater Green River Basin in south-western Wyoming, the Arkoma Basin in Arkansas and Oklahoma, and the Uinta-Piceance Basin in Utah and Colorado.  Foundation…

Asset Growth Continues for Foundation Energy

Posted by Mary-Margaret

Foundation Energy commissions LaRoche Petroleum Consultants (LPC), a Dallas petroleum engineering firm, to prepare a third-party reserve report for its four funds at the end of every year.  The graph below summarizes reserve growth for the combined funds using the LPC reports.  At year end 2013, total proved reserves were…

Eastern DJ Basin Acquisition Closes in 1st Quarter of 2014

Posted by Mary-Margaret

In February 2014, on behalf of its Fund IV, Foundation Energy added to its operations through the acquisition of a producing set of assets on the eastern side of the Denver-Julesberg (DJ) Basin.  The DJ Basin, where Foundation Energy has operated since 2005, is a geologic basin centered in eastern…

Certain Fund I Properties Sold – Part of Program in 4th Quarter of 2013

Posted by Mary-Margaret

In December 2013, Foundation Energy Fund I closed the sale of producing wells and acreage in the Watternberg Field of the DJ Basin.  The properties were sold to a large U.S. independent active in drilling vertical and horizontal Codell and Niobrara wells.  The assets were purchased in 2006 as part…

Foundation Completes Multiple Property Acquisitions in 1st & 4th Quarter of 2013

Posted by Mary-Margaret

Between March and November 2013, Foundation completed a series of property acquisitions in its existing and target producing basins.  The acquisitions, equally weighted between oil and natural gas, included bolt-on acquisitions in the Arkoma Basin and Eastern Shelf area of Central Texas as well as an initial entry into East…

Certain Fund I & II Properties Sold – Part of Program in 2nd Quarter of 2007

Posted by Mary-Margaret

In June, Foundation Energy Funds I and II closed the sale of two asset packages that were part of the funds’ Rockies operations.  The far larger of the two consisted of DJ Basin properties located in southwestern Nebraska.  These properties were sold to a private equity-backed firm and had been…

Hugoton Basis Acquistion Closes in 2nd Quarter of 2013

Posted by Mary-Margaret

In April 2013, on behalf of its Fund IV, Foundation Energy closed the acquisition of a producing property package in the Hugoton Basin.  The Hugoton Basin spans an area consisting of southwestern Kansas, the Oklahoma panhandle and the Texas panhandle.  The Hugoton Field, first discovered in 1922, is the 9th…

Asset Growth Continues for Foundation in 4th Quarter of 2012

Posted by Mary-Margaret

Foundation Energy Management, LLC (“Foundation”) is a manager of direct oil and gas funds for institutional investors formed in 2005.  On behalf of its funds, Foundation acquires and develops oil and gas reserves in the onshore U.S.  In the fourth quarter 2012, Foundation completed its final acquisition for Fund III…

Multi-state Property Acquisition Completed in 1st Quarter of 2013

Posted by Mary-Margaret

In January 2013, Foundation Energy, on behalf of its Fund IV, completed the acquisition of certain operated oil and gas properties in southeastern Oklahoma, southern Arkansas, northern Louisiana, and north central Texas.  The properties include interests in over 170 producing wells with current daily production averaging approximately 1,000 Mcfd.  The…

Additional Arkoma Basin Acquisition Completed in 1st Quarter of 2013

Posted by Mary-Margaret

Foundation Energy entered the Arkoma Basin through a number of acquisitions beginning in 2011 and now operates 217 wells and manages interests in over 860 more.  The assets are managed from a field office in Fort Smith, Arkansas, the center of activity for the basin. In January 2013,  Foundation Energy…

  • About Us

    Foundation Energy Management, LLC (Foundation Energy) is a manager of energy investments for institutional partners. The company acquires, develops and enhances domestic oil and gas properties and associated midstream assets. Foundation Energy currently operates oil and gas properties in twelve states.

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