DALLAS, TX, December 12, 2019 — Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Webb County, Texas from an undisclosed seller.

This acquisition features production from an operator who’s been active in the Eagle Ford shale for nearly 20 years, and is among the largest operators in Webb County.

“We’re very excited about our latest acquisition as it features production under Lewis Energy, which is an operator with over 1,500 producing wells across 450,000 acres in the play,” said Peregrine’s Managing Director, CJ Tibbs. “The technical expertise that a Lewis brings is considerable as Webb County is in their back yard and has been for decades.” Continued Mr. Tibbs, “Lewis has been consistent in its ability to generate steady and predictable cashflow from these properties, and we’re optimistic to be royalty owners under some of their core acreage.”

“Many people are surprised to know that Webb County is the 2nd largest gas producing County in Texas” commented Josh Prier, Peregrine’s Director of Acquisitions. “These properties fit within our acquisition criteria well as they check a number of boxes for us including shallow declines, solid reserves and a very capable operator,” Mr. Prier added. “We expect this to be an asset that provides solid cashflow for years to come, and will continue to look for other similar properties nationwide.”

Peregrine has been very active working with mineral owners nationwide in 2019, deploying over $25 million to mineral owners looking for divestment options for part or all of their producing royalties.

“I think with the inherent fluctuation in commodity prices, some royalty owners want to take some of that risk and uncertainty off the table” said Wolf Hanschen, Managing Director of Peregrine. “Many of our clients don’t sit down and look at their royalties from a tax or estate planning perspective,” Hanschen remarked. “After completing our full analysis, many of our clients are surprised to learn what they stand to gain by divesting part or all of their interests.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 years, the company’s founders have enjoyed working with hundreds of mineral owners in 30 states across millions of acres.

With its corporate headquarters in Dallas and acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals.

To learn more or to obtain a valuation of your minerals, contact Josh Prier at (303)-256-6275 or josh@peregrinelp.com.

Josh Prier
Peregrine Energy Partners
+1 303-828-8318
email us here

Royalty buyer increases footprint in proven Bakken Shale.

DALLAS, TEXAS, July 10, 2019 — FOR IMMEDIATE RELEASE

Dallas, TX – July 11, 2019

Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Williams County, North Dakota from an undisclosed seller. This acquisition features production from a core area within a top tier operator’s portfolio in the prolific Bakken Shale.

According to Peregrine’s Managing Director Josh Prier, “Peregrine has been fortunate to work with royalty owners in the Bakken Shale for over a decade now. It’s an area we know well and will continue to look for strategic opportunities in as we believe in it long-term.”

Operated by Whiting Petroleum Corporation based in Denver CO, the area in Williams County will continue to see development. “Whiting has allocated $216 Million in CAPEX towards their northern Williston Acreage, much of which lies in Williams County,” Mr. Prier remarked. “In their most recent projections, they forecast drilling 19 new wells and completing 57 new wells in Williams during 2019 and forecast to grow total operated production in the basin 15% year-over-year.”

“These properties represent the stable, mature and predictable cash flow profiles we target, while at the same time being in the right area for continued development” Mr. Prier added, “we expect this to be an asset that provides solid cashflow for years to come.”

Over the past 12 months, Peregrine has been very active working with mineral owners nationwide, deploying over $50 million to mineral owners looking for divestment options for part or all of their producing royalties.

“I think with the fluctuating oil and gas prices out there, some royalty owners want to take some of that risk off the table” said Wolf Hanschen, Co-Founder of Peregrine. “Many of our clients don’t sit down and look at their royalties from a tax or estate planning perspective,” Hanschen commented. “After completing our full appraisal, many of our clients are surprised to learn what they stand to gain by divesting part or all of their interests.”
Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 years, the company’s founders have enjoyed working with hundreds of mineral owners in 30 states across millions of acres.

With its corporate headquarters in Dallas and acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals.
To learn more or to obtain a valuation of your minerals, contact Josh Prier at (303) 256-6275 or josh@peregrinelp.com.

Josh Prier
Peregrine Energy Partners
+1 303-828-8318
email us here

Dallas, TX – March 15th, 2019

Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties across the Appalachian and Black Warrior Basins from Summit Natural Resources, a Houston based operator. “We couldn’t be more excited about our latest acquisition as it features production from over 600 gas wells across fields known for generating steady and predictable cashflow,” commented C.J. Tibbs, Peregrine’s Managing Director. “With Summit Natural Resources operating these properties, we have the confidence in buying under an operator who not only understands the basin, but also has the technical expertise to maximize production through operational efficiency and re-works.”

Summit Natural Resources acquires existing oil and gas assets before focusing on their operationalproficiency to enhance production and optimize recovery. Summit had recently acquired these particularassets, which had high net revenue interests, and was interested in carving out an override to raise debt-free capital and accelerate their capex, boosting existing production.

“We are happy to have partnered with Peregrine’s team on this transaction,” remarked Michael Munsey, CEOof Summit Natural Resources. “We appreciated their transparency and how easy they were to work withduring the process.” “Working with Peregrine allowed us to fast-forward years of capital in a tax-efficient
manner which we could then redeploy into our core area of the business where our returns are more favorable.”

Peregrine is currently looking for additional opportunities to work with operators in much the same fashion.

“The structure makes sense for any E&P company who has high net revenue interests on certain properties and is interested in accelerating production without taking on any additional debt,” said Josh Prier, Managing Director of Peregrine. “Many of the operators we’ve worked with prefer to control their growth
through the drill bit,” Prier remarked. “Peregrine is able to add value to operators by freeing up future revenue today which allows them to invest more capital in the ground and move their 3P reserves to 1P that much quicker.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 years, the company’s founders have enjoyed working with dozens of operators as well as hundreds of mineral owners in 30 states across millions of acres. With its corporate headquarters in Dallas and acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to both royalty owners and E&P firms to help maximize the value of their minerals and royalties.

To learn more about how a potential carve out might work with your operating company, contact Josh Prier at (303)-256-6275 or josh@peregrinelp.com.

The potential for high returns and long-term income make royalties an attractive option for both cash and 1031 investors. Some of the most important advantages that clients find often appreciate exploring the idea of adding royalties to their portfolio are transaction size flexibility and superior cash flow potential.

Mineral interest ownership has much more flexibility than traditional real estate. A single property can be divided among many different owners, each with independent ownership of their interest. Due to the flexible nature of minerals, clients can customize an investment level that works best for them, especially when part of a 1031 exchange where every dollar counts as you work to preserve your capital gains.

Clients have often turned to royalties when faced with an odd amount left over in their exchange after acquiring a piece of traditional real estate. This left-over amount is commonly referred to as “boot” and royalties can be a solution to make sure your exchange is maximized.

From a return standpoint, oil & gas royalty owners typically see annual yields that are about double when compared to today’s triple-net real estate market. Because the royalty industry is much more fragmented and inefficient than traditional real estate, the opportunity still exists for returns in the 8-12% range.

While there are different risks that exist with oil and gas, many clients appreciate the non-correlated nature of energy ownership with their other holdings, including real estate and the stock market. The natural hedge against inflation that royalties provide is also a fundamental reason why many investors add this asset class to their portfolios.

A 1031 Like is a tax deferring exchange of like kind property that is authorized by section 1031 of the Internal Revenue Code stating:

“No Gain or loss shall be recognized on the exchange of property
Held for productive use in a trade or business or for investment is
Such property is exchanged solely for property of like kind which is
To be held for productive use in a trade or business or for investment”

There are two kinds of property that the IRS recognizes: Personal and Real property. Real property is land and the rights to that land both above and below the surface. Real property and Personal property will never be viewed as Like Kind property by the IRS.
“Like Kind” refers to the character of the property and not its quality. For this reason, all Real Property is considered Like Kind by the IRS. For property to qualify for a Like Kind exchange the property must have been held for an investment or for productive use, and the replacement property must be used for the same thing.
An individual wanting to exchange real property for oil and gas royalties, the property must be one held for income or investment purposes. An example would be a rental property used to generate monthly income.
Some property has been excluded from a Like Kind exchange by the IRS such as stocks, bonds, certificates of trusts are all not eligible for an exchange. This is because of the nature of these types of property as discussed earlier. However, these instruments in and of themselves are not real property so they cannot qualify for a Like Kind exchange, unlike oil and gas royalties.

People have been investing in real estate for decades now. Real estate investing allows the investor to collect revenue, usually monthly, throughout the year. Real estate investing also gives the investor tax benefits as well. The cash flow received from rental properties is not subject to self-employment taxes. Government basically rewards individuals for investing in real estate properties, by also offering lower tax rates for long term profits.

Real Estate also offers a sense of protection against inflation from the market. Instead of fearing inflation, real estate investors and owners, in a sense, look forward to it. Property values inflate just like everything else in the market.

What few investors know is that Oil & Gas properties qualify as “Like Kind” for real estate investing. The IRS looks at Oil & Gas properties in the same way they look at an investment in real estate because they are both real property.

A type of exchange that many savvy real estate investors know about in the 1031 exchange. In 1954, the IRS passed an Act that allowed investors to defer their capital gains tax, so long as the money gained on the investment was re-invested into real estate.

What many are unware of, is that in 1968 the IRS published a clarification ruling titled Revenue Ruling 68-331. This clarification stated that real estate ownership interests, whether they are above or below the ground, qualify for the Like Kind Exchange. Investors can enter into an exchange from a real estate property above ground, into an oil and gas property that is below ground, such as owning minerals. Instead of rent revenue, investors begin to receive Royalty payments.

Dallas, TX – March 28th, 2019

Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Santa Rosa County, Florida from an undisclosed seller.

The acquisition features production from multiple wells located in the Smackover Trend in the northwest Panhandle of Florida and extends into southern Alabama.

“We’re very excited about our latest acquisition as it features production from 40 wells in the Jay Field which is part of a legacy basin that’s known for generating steady and predictable cashflow,” according to Peregrine’s Managing Director CJ Tibbs. “With Breitburn Energy operating these properties,” Mr. Tibbs added, “we have the confidence in buying under a well-capitalized operator who also has the technical expertise to understand the play well.”

Breitburn estimates one billion barrels of original oil in place, and currently employs enhanced recovery methods to optimize production from the Jay Field. “Any time you see enhanced recovery methods, and the infrastructure that comes with that, in place, it demonstrates a level of commitment to the properties,” Mr. Tibbs remarked. “These properties fit within our acquisition criteria well as they check a number of boxes for us: shallow declines, legacy reserves and a capable operator.” Mr. Tibbs went on to say, “we expect this to be an asset that provides solid cashflow for years to come.”

Over the past 18 months, Peregrine has been very active working with mineral owners nationwide, deploying over $45 million to mineral owners looking for divestment options for part or all of their producing royalties.

“I think with the inherent fluctuation in commodity prices, some royalty owners want to take some of that risk and uncertainty off the table,” said Josh Prier, Managing Director of Peregrine. “Many of our clients don’t sit down and look at their royalties from a tax or estate planning perspective,” Prier remarked. “After completing our full analysis, many of our clients are surprised to learn what they stand to gain by divesting part or all of their interests.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 years, the company’s founders have enjoyed working with hundreds of mineral owners in 30 states across millions of acres.

With its corporate headquarters in Dallas and acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals.

To learn more or to obtain a valuation of your minerals, contact Josh Prier at (303)-256-6275 or josh@peregrinelp.com.

DICKINSON, ND, July 11, 2018 – Peregrine 1031 Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Dunn County, ND.

Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Allegheny County, Pennsylvania from an undisclosed seller.

“This acquisition features Natural Gas production from a Tier 1 operator in the region- Range Resources,” commented Peregrine’s Co-Founder, C.J. Tibbs.

“With Range Resources allocating 90% of their 2019 Capital Program to Marcellus Shale they continue to be a leading independent natural gas, NGL, and oil producer not only across the country, but specifically in
the Appalachian Basin,” mentioned Josh Prier, Peregrine’s Managing Director. He went on to say that the fact that Range produced ~2.225 Mmcfe/d in the First Quarter of 2019 alone, along with the solid year of reserve additions Range exemplified in the previous year “assures Peregrine that Range continues to be a prime, reliable production operator in the region” and “keeps Peregrine eager to continue acquiring assets
from Range moving forward.”

Over the past few years, Peregrine has been extremely active in the North-East basin known as the Marcellus Shale. “While the Marcellus Shale region provides a large contiguous acreage position allowing for long-later development, Range Resources’ large inventory of low risk development drilling opportunity assures Peregrine that this investment has the capacity and potential to be an extremely lucrative asset to our company,” continued Mr. Prier.

Peregrine continues to evaluate strategic initiatives available to the company with the focus of maximizing value for the company, as well as yielding a higher chance of capitalization for 1031 investors looking to diversify their exchange into more than traditional Real Estate. As Peregrine has seen a growing demand for 1031 diversification, this acquisition will aid in boosting that market. “Most Real Estate investors are unaware of the advantageous alternatives that are present with regards to replacement property for their 1031 Exchange,” said Wolf Hanschen, Co-Founder of Peregrine. “Oil & Gas royalties have been a beneficial asset for decades as an anomalous method to maximize investors’ real estate profits.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 years, the company’s founders have enjoyed working with hundreds of mineral owners in 30 states across millions of acres.

With its corporate headquarters in Dallas and an acquisition office in Denver, Peregrine is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals while delivering institutional quality royalty properties to clients looking for long-term monthly income from a non-correlated asset class.

To learn more or to obtain a valuation of your minerals, contact Josh Prier at (303)-256-6275 or josh@peregrinelp.com. To learn more about available 1031 properties, contact Wolf Hanschen at (214)-483-1997 or Wolf@peregrinelp.com.

DENVER, COLORADO, USA, March 7, 2019 /EINPresswire.com/ — FOR IMMEDIATE RELEASE

Peregrine Acquires Interest in McKenzie County, ND

Denver, CO – March 7th, 2019

Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in McKenzie County, North Dakota from an undisclosed seller.

This acquisition features production from two major operators in a core area of the Basin.

“Our latest acquisition features production from 22 wells in the heart of the play which have been in production long enough to be generating steady and predictable cashflow.” According to Peregrine’s Managing Director Josh Prier. “With Whiting and Hess operating these properties,” Mr. Prier added, “we have the confidence in buying under well-capitalized companies who have been in the Bakken for a long time and understand the Basin well.”

Both Whiting and Hess continue to down-space wells and increase recovery methods as the properties in McKenzie County are among the most important assets in both operator’s portfolios. “We like seeing consistent annual capital expenditures from both operators as it demonstrates a level of commitment to the properties. Mr. Prier remarked. “As both operators were among the early entrants into the Bakken, both are among the most efficient operators in the Basin as well.”

“With both operators continuing to expand their footprint in the Bakken, as well as focus on technological efficiencies,” Mr. Prier added, “we expect this to be an asset that provides solid cashflow for years to come.”

Over the past 18 months, Peregrine has been very active working with mineral owners nationwide, deploying over $40 million to mineral owners looking for divestment options for part or all of their producing royalties.

“With the fluctuating oil and gas prices out there, some royalty owners want to take some of that risk off the table” said CJ Tibbs, Co-Founder of Peregrine. “Many of our clients don’t sit down and look at their royalties from a tax or estate planning perspective,” Tibbs remarked. “After completing our full appraisal, many of our clients are surprised to learn what they stand to gain by divesting part or all of their interests.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 years, the company’s founders have enjoyed working with hundreds of mineral owners in 30 states across millions of acres.

With its corporate headquarters in Dallas and acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals.

To learn more or to obtain a valuation of your minerals, contact Josh Prier at (303)-256-6275 or josh@peregrinelp.com.