[Context: On April 19, Crimson Resource III disclosed retaining an advisor and raising around $1 million, according to SEC filings. The total amount will be much higher based on the estimated commission for its financial advisor. Directors include several Riverstone executives, including James Hackett, who is CEO of newly formed Silver Run Acquisition Corporation II, which recently went public. The company appears to be affiliated with Crimson Resource Management. It does not appear to be related to Arcadius Capital-backed Crimson Energy Partners III. Further details are below.]

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