Fundare Resources Completes Final Divestiture and Concludes Five-Year Business Venture

DENVER–(BUSINESS WIRE)–Fundare Resources Company, LLC (“Fundare” or the “Company”) announced that it has completed the sale of its entire operated oil and gas business to Peoria Resources, LLC (“Peoria”), a subsidiary of JAPEX (U.S.) Corp. Through the transaction, Peoria acquired all of Fundare’s E&P assets in the Denver-Julesburg (“DJ”) Basin of Colorado and the Green River Basin of Wyoming. This divestiture follows the March 2025 sale of Fundare’s DJ Basin midstream operations (Moonrise

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