Peregrine Acquires Additional Royalties in Doddridge County

August 28, 2020
By wsLKucCIUz 3 years ago

DALLAS, TEXAS, August 28, 2020 — Peregrine Energy Partners has agreed to acquire producing royalties in Doddridge County, West Virginia from several private sellers.

Continuing their string of acquisitions in the Appalachian Basin, Peregrine finalized the acquisition of a private seller’s royalties in 17 producing natural gas wells across three units under Antero Resources and Jay-Bee Oil and Gas.

“We will continue to look for properties with a similar profile in the Marcellus; a diversified well count generating consistent cashflows with single digit decline rates under a well-capitalized, pure-play operator,” said Josh Prier, Peregrine Managing Director.

Peregrine is focused on working with and providing solutions for royalty owners and their families. Throughout the acquisition period, the company worked closely with multiple related royalty owners who had inherited this asset. The family’s initial goal was to solve succession issues to avoid fractionalizing the property further. However, after learning the significant financial opportunity and tax benefit of divesting now instead of receiving the passive income over the next handful of decades, the family decided to fast-forward the income.

The Texas based royalty buyer has been actively acquiring in the Marcellus Shale as well as across the country since the company’s inception. The current state of the economy and fluidity of the oil & gas industry has Peregrine committed and focused in their efforts to provide clients with reliable and valuable insight throughout their client’s decision-making process.


“Today more than ever, our clients are realizing the importance of diversification. Most of a royalty owner’s wealth is either in their home or their royalties. You cannot diversify your house, but you can with your royalties, and we are here to help owners do just that,” said C.J. Tibbs, Peregrine Co-Founder.

To learn more or to obtain a valuation 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

About Antero Resources

Antero Resources is an independent natural gas and oil company engaged in the development and production of unconventional liquids-rich natural gas properties. The Company currently operates over 1,000 wells across the Appalachian Basin in West Virginia and Ohio. The Company’s website is located at Peregrine Energy Partners is an independent company and not affiliated with Antero Resources.




  (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.