Fundz

Recoil Resources Announces Financing With Valor Upstream Credit Partners

PRIVATESep 14, 2023

Round Type

Funding Round

HoustonEnergyOil And Gas

Investors

VitolRiverstone Credit PartnersValor Upstream Credit Partners

Description

Recoil Resources ("Recoil"), a privately held oil and gas company focused in the oil window of the Eagle Ford shale, today announced that it has closed a senior secured term loan with Valor Upstream Credit Partners, L.P. ("VCP"). VCP is a dedicated upstream credit fund formed by Riverstone Credit Partners and Vitol.

Quick answer

Recoil Resources raised an undisclosed amount in a Funding Round round, dated September 14, 2023. Investors: Vitol, Riverstone Credit Partners and Valor Upstream Credit Partners. Recoil Resources is based in Houston, Texas, United States.

How much did Recoil Resources raise?
Recoil Resources raised an undisclosed amount in a Funding Round round on September 14, 2023.
Who invested in Recoil Resources?
Vitol, Riverstone Credit Partners and Valor Upstream Credit Partners are named as investors in this round.
What does Recoil Resources do?
Recoil Resources is a private exploration and production company focused on acquiring and developing assets in the oil window of the Eagle Ford Shale play in South Texas.
Where is Recoil Resources based and how big is it?
Recoil Resources is based in Houston, Texas, United States.
Who are the decision-makers at Recoil Resources?
Fundz holds 1 contact at Recoil Resources. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as Recoil Resources that raised within 45 days of this round, from Fundz verified event records.

  • Granular Energy raised $7.9M (Funding Round) on October 2, 2023.
  • BKV Corporation raised $150M on September 26, 2023.
  • Oneka Technologies raised $9.3M (Series A) on September 25, 2023.
  • Tankfarm raised $23M (Funding Round) on September 20, 2023.
  • Electron raised $5M (Seed) on September 19, 2023.
  • Krucial raised $3.7M (Seed) on September 12, 2023.

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Company Information

Company

Recoil Resources

Location

Houston, Texas, United States

About

Recoil Resources is a private exploration and production company focused on acquiring and developing assets in the oil window of the Eagle Ford Shale play in South Texas. Recoil was founded in 2018 with an initial acquisition in Wilson County. Since inception, Recoil has drilled and completed 44 Eagle Ford wells and expanded its predominantly HBP'd acreage position to 55,000 acres. This contiguous position is 100% operated by Recoil with ~100% working interest and has a substantial remaining inventory of undrilled locations.

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Related People

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.