DENVER, COLORADO — November 7, 2018 — 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, we know that we have a well-capitalized company whose core competency is in enhanced recovery methods,” Mr. Prier added. “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, the firm also divests a portion 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 help feed a growing demand from clients who are looking to diversify their exchange into more than traditional real estate.”

About Peregrine Energy Partners — Peregrine Energy Partners is a private purchaser of oil and natural gas royalties with more than 50 years of combined experience. Since 2004, the company's founders have worked alongside hundreds of mineral owners in 30 states across millions of acres. With corporate headquarters in Dallas and an acquisition office in Denver, Peregrine provides value and optionality to royalty owners looking to maximize the value of their minerals.

For more information or to obtain a valuation, contact CJ Tibbs at (214) 329-1452 or cj@peregrinelp.com, or Josh Prier at (303) 256-6275 or josh@peregrinelp.com.