Oklahoma – Peregrine 1031

Peregrine Acquires Royalty in Canadian County, OK

support — Wed, 29 Apr 2020 15:12:47 +0000

Peregrine Energy Partners continue to add value to mineral and royalty owners across the United States.

OKLAHOMA CITY, OKLAHOMA, UNITED STATES, April 29, 2020 /EINPresswire.com/ — Peregrine Energy Works with Local Mineral Owners to Provide Financial Solutions

Peregrine Energy Partners has agreed to acquire producing natural gas royalties in Canadian County, Oklahoma from an undisclosed seller. This acquisition features production from a well-known operator in a core area of the Anadarko Basin.

“We’re encouraged by our latest acquisition as it features production from the Anadarko Basin which is a legacy area known for generating steady and predictable cashflow,” said Peregrine’s Managing Director C.J. Tibbs. “With Devon operating these assets,” Mr. Tibbs added, “it gives us confidence in buying under a well- capitalized operator who has the technical expertise to understand the play well.”

Despite a number of mineral buying firms around the U.S. halting activity in light of recent market turmoil, Peregrine continues to work alongside royalty owners nationwide in providing answers for clients looking for quick and simple divestment options.

“It’s certainly scary to read the news these days, said Peregrine’s Co-Founder Wolf Hanschen,” especially anything related to the oil and gas industry.” “Our hope at Peregrine is to provide financial options to royalty owners and provide the cash they need to navigate these uncharted waters.”

The principals at Peregrine have remained active in buying throughout to mid-continent region for the past 16 years as they remain bullish on production from the region. The company focuses exclusively on producing oil and gas royalties and works directly with mineral owners as well and land professionals and industry contacts in the area to source royalty properties.

“We’ve really enjoyed working with local mineral buyers, landmen and geologists who have helped connect our team to the royalty owners in their backyard who are looking for relief,” said Josh Prier, Managing Director of Peregrine. Prier noted that many industry professionals are finding themselves with time on their hands due to the market slowdown and working with Peregrine provides them an opportunity to add value not only for royalty owners in the area they may know, but for their families as well.

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. With its 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.

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.

Peregrine Now Acquiring Royalties in Tarrant and Johnson Counties

support — Thu, 03 May 2018 19:10:11 +0000

DALLAS, TX, May 3, 2018 — Peregrine 1031 Energy Partners, a company assisting 1031 investors in diversifying their exchange, has agreed to acquire producing and non-producing oil and gas royalties in Tarrant and Johnson Counties, Texas.

The acquisition features production from over 30 currently producing wells in the Barnett Shale that spans over 9 counties across North Texas. “Because the Barnett Shale is right in our own backyard, it’s certainly an area we know well and have been active in over the years. The fact that the play has been online for nearly 20 years means the wells have settled in and are producing consistent, predictable reserves and cash flow,” commented Peregrine Managing Director Josh Prier.

“Because the Barnett Shale is right in our own backyard, it’s certainly an area we know well and have been active in over the years.”

Managing Director Josh Prier

Over the past 2 years, Peregrine has been very active in most major basins across the U.S., including the Barnett and Eagle Ford Shale in Texas, the STACK/SCOOP area of Oklahoma, the Bakken Shale in North Dakota and the Marcellus Shale in Pennsylvania. “Over the past two years, we’ve been able to work with mineral owners to deploy over $40 million into producing royalty rights in hundreds of oil and natural gas wells,” said Peregrine Co-Founder C.J. Tibbs.

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 in existing brick and mortar real estate.”
Peregrine 1031 Energy Partners are private purchasers of oil and natural gas royalties with over 45 years of combined experience. Over the past two decades, the Founders at Peregrine have helped to source over $250 million in royalty assets for 1031 exchange clients.
With its corporate headquarters in Dallas and an acquisition office in Denver, Peregrine is dedicated to providing options for royalty owners looking to divest part or all or their royalty interest while delivering 1031 replacement properties to clients looking for opportunities outside of traditional real estate.

To hear more about divestment options or to learn more on available 1031 properties, contact Wolf Hanschen at (214)-483-1997 or Wolf@peregrinelp.com.

Peregrine Now Acquiring Royalties in North Dakota and Mississippi

support — Wed, 11 Apr 2018 19:23:25 +0000

DALLAS, TX, April 11, 2018 — Peregrine 1031 Energy Partners, a company assisting 1031 investors in diversifying their exchange, has agreed to acquire producing and non-producing oil and gas royalties in Mountrail, Burke, McLean, and Ward Counties, North Dakota as well as Lincoln County, MS.

The acquisition features production from over 300 currently producing wells in the prolific Bakken Shale and the Brookhaven Field in Mississippi. Managing Director CJ Tibbs commented, “The Bakken Shale, in general, is a play we know well and is an area we’ve worked with clients in for many, many years. Being as familiar as we are with this region has allowed us to step out and acquire a package like this that spans four counties throughout the Williston Basin.”

“The Bakken Shale, in general, is a play we know well and is an area we’ve worked with clients in for many, many years.”

Managing Director CJ Tibbs

Over the past 12 months, Peregrine has been very active in the Bakken Shale region, deploying over $18 million to mineral owners looking for divestment options as part of their estate and tax planning strategy.

Peregrine 1031 Energy Partners are private purchasers of oil and natural gas royalties with over 45 years of combined experience. Over the past two decades, the Founders at Peregrine have helped to source over $250 million in royalty assets for 1031 exchange clients.
With its corporate headquarters in Dallas and an acquisition office in Denver, Peregrine is dedicated to providing options for royalty owners looking to divest part of or all of their royalty interest while delivering 1031 replacement properties to clients looking for opportunities outside of traditional real estate.

To hear more about divestment options or to learn more on available 1031 properties, contact Wolf Hanschen at (214)-483-1997 or Wolf@peregrinelp.com. Visit peregrine1031.com to learn more.