Redhawk Resources Management III LLC - 2016-04-27

The Redhawk Resources-Fund III LP was fully subscribed and is closed for further investment. The company has fulfilled the fund. The fund is located in the Permian Basin. The 3800-acre project consists of the purchase of 70 conventional vertical bore wells originally developed and drilled by Gulf Oil Corp. With StableRock Energy, the operating entity, the partnership will enhance and develop the project into a waterflood over the next 24 months.