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.

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.

DALLAS, TEXAS, UNITED STATES, February 19, 2019 /EINPresswire.com/ — FOR IMMEDIATE RELEASE

Peregrine Acquires Interest in Williams County, ND

Denver, CO – February 19, 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 pure-play operators’ development plan in the prolific Bakken Shale.

According to Peregrine’s Managing Director CJ Tibbs, “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 Zavanna, the properties in Williams County are among the most important assets in the operator’s portfolio. “Zavanna is an operator focused exclusively on two counties within the Bakken Shale,” Mr. Tibbs remarked. “Because their operations are so granular in focus, they are among the most efficient operators in the Basin.”
“With Zavanna continuing to expand their footprint in the Bakken, as well as focus technologies towards an infill program,” Mr. Tibbs 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.
“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 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 CJ Tibbs at (214)-329-1452 or cj@peregrinelp.com.

Peregrine continues to maximize value for Marcellus Shale Royalty Owners

DENVER, COLORADO, UNITED_STATES, January 15, 2019 /EINPresswire.com/ — Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Greene County, Pennsylvania from an undisclosed seller.

“This acquisition features natural gas production from a core area to EQT, the largest natural gas producer in the U.S. by volume,” said Josh Prier, Peregrine’s Managing Director.

“EQT acquired these properties last year in a $6.7 Billion transaction with Rice Energy,” Mr. Prier continued. In the past 2 years, EQT has added nearly 500,000 acres to their development portfolio and are now focused on execution and capital efficiency. These properties sit in their Tier 1 acreage and we’re hopeful to have put ourselves in the line of future development.”

Over the past 3 years, Peregrine has been very active in the north-east basin known as the Marcellus Shale. “The Marcellus Shale is the largest known deposit of natural gas in the country and possibly in the world,” commented Peregrine’s Co-Founder C.J. Tibbs. “We continue to be impressed with the amount of resources operators are pouring into this region.”

This acquisition will go to help feed a growing demand from 1031 investors who are looking to diversify their exchange into more than traditional real estate. “Most real estate investors are just now learning that they have options when it comes to replacement property for their 1031 exchange,” said Wolf Hanschen, Co-Founder of Peregrine. “Oil and gas royalties have been used for decades by investors existing brick and mortar real estate.”
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.

DALLAS, TEXAS, UNITED_STATES, December 10, 2018 /EINPresswire.com/ — Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Madison County, Mississippi from an undisclosed seller.

This acquisition features production from the nation’s largest CO2 field East of the Mississippi River known as the Jackson Dome. The Jackson Dome, located near Jackson, Mississippi, was discovered during the 1970s by operators looking for traditional oil and gas reserves. It now serves as the primary CO2 source on the Gulf Coast for tertiary recovery operations in oil fields across Texas, Louisiana, and Mississippi.

According to Peregrine’s Managing Director CJ Tibbs, “Royalty interests in an area like the Jackson Dome are extremely rare to come across, largely in part to the prolific reserves this field is known to hold.”

Operated by Denbury Resources out of Dallas, TX, the Jackson Dome field is one of the most important assets in the operator’s portfolio. “The CO2 produced from Jackson Dome,” Mr. Tibbs remarked, “is an asset of great importance to Denbury as it is THE critical component in their enhanced recovery methods all over the Gulf Coast.”

“With Denbury Resources continuing to expand their pipelines and processing capabilities throughout the area,” Mr. Tibbs 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 looking for divestment options for part or all of their producing royalties.

This acquisition will go to help feed a growing demand from 1031 investors who are looking to diversify their exchange into more than traditional real estate. “Most real estate investors are just now learning that they have options when it comes to replacement property for their 1031 exchange,” said Wolf Hanschen, Co-Founder of Peregrine. “Oil and gas royalties have been used for decades by investors existing brick and mortar real estate.”

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 CJ Tibbs at (214)-329-1452 or cj@peregrinelp.com. To learn more about available 1031 properties, contact Wolf Hanschen at (214)-483-1997 or Wolf@peregrinelp.com.

Peregrine continues to drive value with latest acquisition in the historic Tinsley Field.

DENVER, COLORADO, UNITED_STATES, November 7, 2018 /EINPresswire.com/ — Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Yazoo County, Mississippi from an undisclosed seller.

This acquisition features production from over 100 currently producing wells in the historic Tinsley oil field. According to Peregrine’s Managing Director Josh Prier, “The Tinsley Oil Field has been producing since 1939 and continues to march along today.”

“With Denbury Resources as the operator on the properties,” Mr. Prier added, “we know that we have a well-capitalized company whose core competency is in enhanced recovery methods. We expect this to be an asset that provides steady cashflow for years to come.”

Over the past 12 months, Peregrine has been very active nationwide, deploying over $30 million to mineral owners looking for divestment options for part or all of their producing royalties.

While Peregrine retains some of each property in-house, they also divest a potion of each asset, often to 1031 exchange clients who are looking for options outside of traditional real estate.

“As 1031 investors continue to learn about their options with regard to replacement property, many are just now learning about producing oil and gas royalties,” said Wolf Hanschen, Co-Founder of Peregrine. “Oil and gas royalties have been used for decades by investors exiting brick and mortar real estate. This acquisition will go to help feed a growing demand from those clients who are looking to diversify their exchange into more than traditional real estate.”

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.