Rockport Launches U.S. O&G Development Projects Fund

SECAUCUS, NJ (DTN) – Rockport Companies said Thursday (9/25) it has launched a fund to provide investors access to its oil and gas development projects.

The Rockport Energy Fund is designed to channel investor capital towards a dedicated fund structure backed by Rockport’s pipeline of short-cycle, drill-ready opportunities, CEO Ted Williams said in a statement.

“This approach allows us to pursue multiple oil and gas projects at scale, provide diversification, and ensure that our investors directly benefit from the same disciplined development strategy we apply across our operated assets,” Williams said.

Austin-based Rockport said it now operates three projects with a combined production of approximately 10,000 bpd.

It said the fund will pursue projects in proven U.S. oil and gas basins, with a focus on providing investors differentiated entry points into those developments, while striving for consistent cash flow and attractive risk-adjusted returns.