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Kayne Anderson Boosts Equity Commitment to Bakken Operator Kraken Resources The upsized commitment results in $525 million of total equity commitments from Kayne Anderson, which has backed Kraken Resources and its predecessor entities since its formation in 2012. Hart Energy Staff Thu, 12/31/2020 - 12:00 PM Kraken Resources is one of the largest private E&P companies in the Williston Basin with an operating footprint of over 130,000 net acres across North Dakota and Montana. (Source: Kraken Resources LLC) Your browser does not support the audio element. Kraken Resources LLC recently received an increase to its total equity commitment from funds managed by Kayne Anderson Capital Advisors LP, which the Houston-based company said will support the pursuit of “high-quality acquisition opportunities in the Williston Basin.” ....
Kraken Resources Announces Closing of New Credit Facility and Upsized Equity Commitment to Continue to Pursue Oil & Gas Acquisitions in the Williston Basin businesswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesswire.com Daily Mail and Mail on Sunday newspapers.