Peregrine Acquires 2,995 Net Mineral Acres in Appalachian Basin

November 10, 2020
By support 4 years ago

Acquisition Stretches Across 36 Counties in the Northeast

DALLAS, TEXAS, November 10, 2020 – Peregrine Energy Partners (“Peregrine”) announced the recent acquisition of producing mineral interests covering almost 3,000 net mineral acres throughout the Appalachian Basin.

The diversified mineral portfolio spans 36 counties, the bulk of which are located in gas-heavy regions of Pennsylvania and West Virginia. The acquired acreage includes over 300 producing wells under 22 operators including Range Resources (NYSE: RRC), Cabot Oil & Gas Corporation (NYSE: COG), and EQT Corporation (NYSE: EQT).

“We are excited about this latest acquisition as the geographic and operational footprint adds to our already diverse portfolio in the Northeast,” said C.J. Tibbs, Peregrine Managing Partner. “These properties had all of the qualities we look for in terms of low decline rates and therefore steady cash flows. We are optimistic that the improved outlook for natural gas prices will drive further activity across the non-producing sections of this acreage.”

Over the past several months, Peregrine worked closely with a family office who decided to simplify their estate as they worked to limit succession issues and eliminate the family’s ongoing management burdens associated with such a complex mineral portfolio.

Tibbs continued, “The asset management component can become very time-consuming and expensive, especially if this isn’t your core business. We are having more and more of these conversations with royalty owners who are looking to simplify their lives and/or spend more time in their core business as opposed to the ongoing management of their royalty interests.”

To learn more or obtain an evaluation of your royalty interest, please reach out to either C.J. Tibbs at (214) 329-1432 or or Josh Prier at (303) 256-6275 or

About Peregrine Energy Partners
Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 16 years, the company’s founders have enjoyed working with hundreds of mineral owners in 30 states across millions of acres. To learn more about Peregrine Energy Partners, please visit



  (51 articles)


There are significant risks associated with investing in oil and gas royalties. The above information is for general purposes only and is not a solicitation to buy or an offer to sell any securities. General information on this site is not intended to be used as individual investment or tax advice. Consult your personal tax advisor concerning the current tax laws and their applicability and effect on your personal tax situation. Risk factors including commodity prices and production can significantly impact the value of the asset and ability for an individual to get liquid. This is neither an offer to sell nor a solicitation of an offer to buy interests in oil and gas royalties.