HOUSTON–(BUSINESS WIRE)–Kraken Resources LLC (“Kraken” or the “Company”), today announced that its subsidiary, Kraken Oil & Gas Partners LLC, has closed its private offering (the “Notes Offering”) of $400 million in aggregate principal amount of 7.125% senior unsecured notes due 2031 (the “Notes”). The Notes were issued at par on May 11, 2026. The Company intends to use the net proceeds from the Notes Offering to repay a portion of the outstanding borrowings under the Company’s revolving