DALLAS, TEXAS — November 1, 2022 — Peregrine Energy Partners has agreed to acquire additional producing and non-producing oil and gas royalty interests in Carroll, Columbiana, and Jefferson Counties, Ohio from multiple sellers.

The acquisitions extend Peregrine’s existing position in the eastern Ohio portion of the Utica Shale, where operators including Ascent Resources, Encino Acquisition Partners, and EnCap-backed firms have driven significant development over the past decade.

“In what has become a challenging and uncertain time across the world, including for folks in the oil and gas sector, we are pleased to provide liquidity options for both landowners and industry professionals,” said Josh Prier, Managing Director of Peregrine.

“In an era filled with red tape and bureaucracy, sellers have really come to appreciate the simplicity of working with Peregrine,” Mr. Prier added. “We deliver a valuation, a purchase-sale agreement, and a wire — all on a clean, predictable timeline.”

Carroll, Columbiana, and Jefferson Counties sit in the heart of the wet-gas window of the Utica Shale, with active development under multiple Tier 1 operators.

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.