DENVER, COLORADO, USA, March 7, 2019 /EINPresswire.com/ — FOR IMMEDIATE RELEASE

Peregrine Acquires Interest in McKenzie County, ND

Denver, CO – March 7th, 2019

Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in McKenzie County, North Dakota from an undisclosed seller.

This acquisition features production from two major operators in a core area of the Basin.

“Our latest acquisition features production from 22 wells in the heart of the play which have been in production long enough to be generating steady and predictable cashflow.” According to Peregrine’s Managing Director Josh Prier. “With Whiting and Hess operating these properties,” Mr. Prier added, “we have the confidence in buying under well-capitalized companies who have been in the Bakken for a long time and understand the Basin well.”

Both Whiting and Hess continue to down-space wells and increase recovery methods as the properties in McKenzie County are among the most important assets in both operator’s portfolios. “We like seeing consistent annual capital expenditures from both operators as it demonstrates a level of commitment to the properties. Mr. Prier remarked. “As both operators were among the early entrants into the Bakken, both are among the most efficient operators in the Basin as well.”

“With both operators continuing to expand their footprint in the Bakken, as well as focus on technological efficiencies,” Mr. Prier added, “we expect this to be an asset that provides solid cashflow for years to come.”

Over the past 18 months, Peregrine has been very active working with mineral owners nationwide, deploying over $40 million to mineral owners looking for divestment options for part or all of their producing royalties.

“With the fluctuating oil and gas prices out there, some royalty owners want to take some of that risk off the table” said CJ Tibbs, Co-Founder of Peregrine. “Many of our clients don’t sit down and look at their royalties from a tax or estate planning perspective,” Tibbs remarked. “After completing our full appraisal, many of our clients are surprised to learn what they stand to gain by divesting part or all of their interests.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 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 acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to royalty owners 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.

DALLAS, TEXAS, UNITED STATES, February 19, 2019 /EINPresswire.com/ — FOR IMMEDIATE RELEASE

Peregrine Acquires Interest in Williams County, ND

Denver, CO – February 19, 2019

Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Williams County, North Dakota from an undisclosed seller. This acquisition features production from a core area within a pure-play operators’ development plan in the prolific Bakken Shale.

According to Peregrine’s Managing Director CJ Tibbs, “Peregrine has been fortunate to work with royalty owners in the Bakken Shale for over a decade now. It’s an area we know well and will continue to look for strategic opportunities in as we believe in it long-term.”

Operated by Zavanna, the properties in Williams County are among the most important assets in the operator’s portfolio. “Zavanna is an operator focused exclusively on two counties within the Bakken Shale,” Mr. Tibbs remarked. “Because their operations are so granular in focus, they are among the most efficient operators in the Basin.”
“With Zavanna continuing to expand their footprint in the Bakken, as well as focus technologies towards an infill program,” Mr. Tibbs added, “we expect this to be an asset that provides solid cashflow for years to come.”

Over the past 18 months, Peregrine has been very active working with mineral owners nationwide, deploying over $40 million to mineral owners looking for divestment options for part or all of their producing royalties.
“I think with the fluctuating oil and gas prices out there, some royalty owners want to take some of that risk off the table” said Wolf Hanschen, Co-Founder of Peregrine. “Many of our clients don’t sit down and look at their royalties from a tax or estate planning perspective,” Hanschen remarked. “After completing our full appraisal, many of our clients are surprised to learn what they stand to gain by divesting part or all of their interests.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 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 acquisition offices in Denver, Peregrine is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals.

To learn more or to obtain a valuation of your minerals, contact CJ Tibbs at (214)-329-1452 or cj@peregrinelp.com.

Peregrine continues to maximize value for Marcellus Shale Royalty Owners

DENVER, COLORADO, UNITED_STATES, January 15, 2019 /EINPresswire.com/ — Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Greene County, Pennsylvania from an undisclosed seller.

“This acquisition features natural gas production from a core area to EQT, the largest natural gas producer in the U.S. by volume,” said Josh Prier, Peregrine’s Managing Director.

“EQT acquired these properties last year in a $6.7 Billion transaction with Rice Energy,” Mr. Prier continued. In the past 2 years, EQT has added nearly 500,000 acres to their development portfolio and are now focused on execution and capital efficiency. These properties sit in their Tier 1 acreage and we’re hopeful to have put ourselves in the line of future development.”

Over the past 3 years, Peregrine has been very active in the north-east basin known as the Marcellus Shale. “The Marcellus Shale is the largest known deposit of natural gas in the country and possibly in the world,” commented Peregrine’s Co-Founder C.J. Tibbs. “We continue to be impressed with the amount of resources operators are pouring into this region.”

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 existing brick and mortar real estate.”
Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 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 is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals while delivering institutional quality royalty properties to clients looking for long-term monthly income from a non-correlated asset class.
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.

DALLAS, TEXAS, UNITED_STATES, December 10, 2018 /EINPresswire.com/ — Peregrine Energy Partners has agreed to acquire producing and non-producing oil and gas royalties in Madison County, Mississippi from an undisclosed seller.

This acquisition features production from the nation’s largest CO2 field East of the Mississippi River known as the Jackson Dome. The Jackson Dome, located near Jackson, Mississippi, was discovered during the 1970s by operators looking for traditional oil and gas reserves. It now serves as the primary CO2 source on the Gulf Coast for tertiary recovery operations in oil fields across Texas, Louisiana, and Mississippi.

According to Peregrine’s Managing Director CJ Tibbs, “Royalty interests in an area like the Jackson Dome are extremely rare to come across, largely in part to the prolific reserves this field is known to hold.”

Operated by Denbury Resources out of Dallas, TX, the Jackson Dome field is one of the most important assets in the operator’s portfolio. “The CO2 produced from Jackson Dome,” Mr. Tibbs remarked, “is an asset of great importance to Denbury as it is THE critical component in their enhanced recovery methods all over the Gulf Coast.”

“With Denbury Resources continuing to expand their pipelines and processing capabilities throughout the area,” Mr. Tibbs added, “we expect this to be an asset that provides solid cashflow for years to come.”

Over the past 12 months, Peregrine has been very active working with mineral owners nationwide looking for divestment options for part or all of their producing royalties.

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 existing brick and mortar real estate.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 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 is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals while delivering institutional quality royalty properties to clients looking for long-term monthly income from a non-correlated asset class.
To learn more or to obtain a valuation of your minerals, contact CJ Tibbs at (214)-329-1452 or cj@peregrinelp.com. To learn more about available 1031 properties, contact Wolf Hanschen at (214)-483-1997 or Wolf@peregrinelp.com.

Peregrine continues to drive value with latest acquisition in the historic Tinsley Field.

DENVER, COLORADO, UNITED_STATES, November 7, 2018 /EINPresswire.com/ — 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,” Mr. Prier added, “we know that we have a well-capitalized company whose core competency is in enhanced recovery methods. 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, they also divest a potion 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 go to help feed a growing demand from those clients who are looking to diversify their exchange into more than traditional real estate.”

Peregrine Energy Partners are private purchasers of oil and natural gas royalties with over 50 years of combined experience. Over the past 15 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 is dedicated to providing value and optionality to royalty owners to maximize the value of their minerals while delivering institutional quality royalty properties to clients looking for long-term monthly income from a non-correlated asset class.

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.