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Peregrine Moves into the Piceance Basin

June 29, 2021
Peregrine Energy Partners announced the royalty acquisition of over 6,800 net royalty acres in Northwest Colorado counties. Peregrine is a private purchaser of oil and natural gas royalties.

Peregrine Acquires Royalties in NE Pennsylvania

May 13, 2021
Peregrine Returns to Bradford County, PA in Latest Appalachian Acquisition DALLAS, TEXAS, May 13, 2021 – Peregrine Energy Partners (“Peregrine”) has agreed to acquire producing royalties in Bradford County, Pennsylvania from a private seller (“Client”).  The acquisition features production from multiple natural gas wells across 1,700 gross acres under Repsol, who just recently issued 3 new permits on the acquired acreage. While Repsol operates worldwide, they’ve been operating in the Marcellus Shale since 2015 and currently manage over 1,050 producing wells in NE Pennsylvania. Due to the current administration’s proposal to increase taxes on long-term capital gains, many mineral owners have been looking objectively at what a divestment might look like today versus down the road when the tax liabilities from the sale might be up to 2X greater. Although the guidance from the IRS is still unclear, many tax professionals believe gains on a sale today will receive treatment under the current tax rate (maxed at 20%).  “Recently, we have had an increasing number of royalty and mineral owners sell due to concern over tax rates on long-term capital gains raising to 40%+. Our clients are tired of playing defense and want the lump-sum payout in order to effectively optimize their portfolio,” said Josh Prier, Peregrine Managing Director.  “Peregrine creates that solution for owners thinking about divesting or for folks who already have their minds made up,” Prier continued. “We strive to provide guidance and financial avenues that best fit the individual owner. Whether you are ready to sell or not, we are here to at least start the conversation.” Peregrine works exclusively on producing oil and gas royalties and directly with mineral and royalty owners as well as industry professionals nationwide. To learn more or obtain an evaluation of your royalty interest, please reach out to either C.J. Tibbs at (214) 329-1432 or cj@peregrinelp.com or Josh Prier at (303) 256-6275 or josh@peregrinelp.com.  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 www.peregrinelp.com.  

Peregrine Acquires Additional Royalties in Appalachian Basin

May 4, 2021
Acquisition is first in Ohio County, WV for Peregrine DALLAS, TEXAS, May 4, 2021 – Peregrine Energy Partners (“Peregrine”) has agreed to acquire producing oil and gas royalties in Ohio County, West Virginia from a private seller (“Client”). This marks the first acquisition in Ohio County, WV for the Texas-based royalty buyers.  “We’re excited about our latest acquisition in West Virginia as these particular properties are the type of long-life, mature assets that we consistently look for,” commented Peregrine Managing Partner, Wolf Hanschen. “Certainly, Southwestern is one of those operators,” Hanschen continued, “that we are always happy to buy minerals under as they are basin-specific with a solid understanding of what it takes to be a successful natural gas producer today.” The acquisition included multiple natural gas wells operated by Southwestern Energy (NYSE: SWN), one of the leading producers of natural gas and natural gas liquids in the United States. The operator covers more than 577,000 net acres in the West Virginia panhandle as well as adjacent areas of Pennsylvania and Ohio and northeast Appalachia.  In this instance, Peregrine’s client was working through succession planning while seeking to simplify their estate and minimize their tax exposure. Many of Peregrine’s mineral owner clients have reached out in the past few weeks to weigh options in light of the current administration’s push to increase the capital gains tax, which would undoubtedly impact almost all mineral sales. Hanschen added, “We are happy to be a resource for royalty owners all across Appalachia who are looking for a greater understanding of their properties and the options around them.” Peregrine works exclusively on producing oil and gas royalties and directly with mineral and royalty owners as well as industry professionals nationwide. To learn more or obtain an evaluation of your royalty interest, please reach out to either C.J. Tibbs at (214) 329-1432 or cj@peregrinelp.com or Josh Prier at (303) 256-6275 or josh@peregrinelp.com.  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 www.peregrinelp.com.  

Peregrine Acquires Royalties in the Piceance Basin

April 8, 2021
Quick Evaluations and Prompt Closings Help Local Royalty Owner Divest DENVER, COLORADO, April 8, 2021 – Peregrine Energy Partners (“Peregrine”) has agreed to acquire producing royalties across Garfield and Mesa Counties, Colorado from a private seller (“Client”). Peregrine finalized the royalty acquisition with over 100 natural gas wells under Caerus Oil & Gas, an active and private oil & gas producer. Caerus Oil & Gas is a leading local operator in the Piceance and Uinta Basins with their core assets including over 6,800 producing wells and a substantial undeveloped acreage position with over 8,000 future drilling locations. Peregrine’s Client in this transaction was a colleague in the oil and gas royalty space. The acquisition developed as the Client reviewed options around their portfolio and underwent strategic planning for the future; interested in high-grading their portfolio and fast-forwarding cashflow from a passive income stream to redeploy the income towards more core areas of their business. Peregrine was approached because of their standing reputation for transparency throughout the process, and their ability to close quickly. The speedy and accurate process allowed the Client to receive capital within a matter of weeks. “We are starting to have more and more conversations with colleagues from the industry in this same vein,” said Peregrine Managing Partner, C.J. Tibbs. “With pricing coming back to above pre-pandemic levels,” Tibbs continued, “there are folks in the royalty space now interested in potentially divesting pieces of their portfolios to return some liquidity to their investors and or simplify a bit of their back-office accounting challenges associated with the fractionalized interests.” Peregrine works exclusively on producing oil and gas royalties and directly with mineral owners as well as industry professionals nationwide. To learn more or obtain an evaluation of your royalty interest, please reach out to either C.J. Tibbs at (214) 329-1432 or cj@peregrinelp.com or Josh Prier at (303) 256-6275 or josh@peregrinelp.com. 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 www.peregrinelp.com.

Peregrine Acquires Royalties in the Wolfberry Shale

March 11, 2021
Texas-Based Company Continues to Provide Solutions for Royalty Owners Nationwide MIDLAND, TEXAS, March 11, 2021 – Peregrine Energy Partners (“Peregrine”) has agreed to acquire producing royalties in Andrews County, Texas from an undisclosed private seller (“Client”).  The acquisition features production from multiple wells under two Permian Basin producers, Perdure Petroleum and Legacy Reserves, Inc. (NYSE: LGCY).  Peregrine worked alongside the Client, a ranching family, to divest non-core royalties in order to have the capital to reinvest in desired ranching equipment.  The Client commented on the acquisition, “I was surprised and impressed with Peregrine’s communication and turnaround time. Our family wanted to move quick, but I wasn’t expecting this process to go as smooth and quick as it did. We hadn’t planned on selling, but after going through this process with Josh and his team, and running some numbers on our end, we’re confident we made the right choice.” “Being a company who acquires producing oil and gas royalties nationwide,” said Josh Prier, Managing Partner at Peregrine, “we have been fortunate to have worked with numerous clients, each with a different set of circumstances and objectives. We strive to accommodate each client’s needs by first listening and then moving efficiently to get them meet their goals. We know their time is valuable, so we treat it as such.”  Peregrine has worked with a number of clients in West Texas and will continue looking for additional opportunities to add value to royalty owners in the Permian Basin. The company works exclusively on producing oil and gas royalties and works directly with mineral owners as well as industry professionals nationwide.  To learn more or obtain an evaluation of your royalty interest, please reach out to either C.J. Tibbs at (214) 329-1432 or cj@peregrinelp.com or Josh Prier at (303) 256-6275 or josh@peregrinelp.com.  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 www.peregrinelp.com. 

Peregrine Acquires Producing Royalties in West Virginia

March 3, 2021
Texas-Based Mineral Acquisition Company Continues Activity in Appalachian Basin MOUNDSVILLE, WEST VIRGINIA, March 2, 2021 – Peregrine Energy Partners (“Peregrine”) has agreed to acquire additional producing and non-producing oil and gas royalties in Marshall County, West Virginia from an undisclosed seller. The acquisition features production from multiple oil and gas wells under Marcellus Shale producer, Chevron (NYSE: CVX), whose production in the region was taken over by EQT (NYSE: EQT) in October of 2020. “We have been following EQT’s development of their Appalachian assets over the past few years and continue to be impressed with their results,” said Peregrine Co-Founder, Wolf Hanschen. “When they announced their acquisition of Chevron’s Appalachia interests in October of last year, we started looking closer at properties that would be included in this purchase, especially knowing EQT is one of the most active operators in the region.” In this particular transaction, Peregrine worked with an industry professional whose intended goal was to clean up part of a mineral portfolio acquired many years ago. While the royalty interests provided monthly income to the client, he was interested in a conversation around taking a lump sum payout and reinvesting the proceeds into non-passive assets. Peregrine Managing Director, Josh Prier, commented, “Peregrine is excited about this particular set of properties because they fit well within our acquisition criteria. Shallow declines, a best-in-class operator, and legacy reserves.” Prier added, “We expect this to be an asset that provides solid cashflow for years to come and will continue to look for additional similar opportunities both here in West Virginia and nationwide.” To learn more or obtain an evaluation of your royalty interest, please reach out to either C.J. Tibbs at (214) 329-1432 or cj@peregrinelp.com or Josh Prier at (303) 256-6275 or josh@peregrinelp.com.   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 www.peregrinelp.com.

Peregrine Moves into New Dallas Headquarters and Expands Team as 2021 Acquisition Efforts Kick Off

January 20, 2021
DALLAS, TEXAS –Peregrine Moves into New Dallas Headquarters and Expands Team as 2021 Acquisition Efforts Kick Off

Peregrine Acquires 2,995 Net Mineral Acres in Appalachian Basin

November 10, 2020
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.

Peregrine Announces Additional Acquisitions in the Marcellus Shale

October 28, 2020
DALLAS, TEXAS, October 27, 2020 -- Peregrine Energy Partners (“Peregrine”) is pleased to announce additional closings of producing royalty properties in multiple counties across the Marcellus Shale.

Peregrine Continues Royalty Acquisitions in PA and WV

October 14, 2020
DALLAS, TEXAS, October 13, 2020 -- Peregrine Energy Partners (“Peregrine”) has announced the closing of producing royalty properties in the Marcellus Shale from multiple private sellers. The natural gas acquisitions in Tyler County, WV under Antero Resources (NYSE: AR) and Fayette County, PA under Chevron (NYSE: CVX) were both finalized in the first week of October.

Peregrine Acquires Northeast PA Minerals

October 13, 2020
Peregrine Acquires Northeast PA Minerals DALLAS, TEXAS, October 1, 2020 — Peregrine Energy Partners has agreed to acquire producing mineral rights across 4,755 gross acres in Bradford County, PA for an undisclosed sum. The producing natural gas acquisition is operated by Chief Oil & Gas and includes both producing and non-producing mineral rights. This represents the third acquisition of the year for Peregrine in this region of the Appalachia Basin. “While we’ve traditionally been more active in the southwest portion of the state, we love the fundamentals of the northeast Marcellus Shale and have an internal goal to expand our footprint in those counties,” said Josh Prier, Managing Director of Peregrine. Peregrine worked alongside the private sellers, a retired couple, who had the end-goal of simplifying their estate and reducing their overall tax bill. After reviewing the engineered evaluation of the property and comparing the estimated taxes on long-term gains vs. ordinary income, the couple decided it made sense to divest the interest and fast-forward the income. Wolf Hanschen, Peregrine’s Co-Founder, commented, “One of our top objectives is to be a reliable and valued resource for our clients, whether they decide to sell or not. We know the decision to divest part or all of their royalties can be complicated, and each client’s situation is different. Accordingly, we strive to give them insight based on their specific circumstances as they look to understand the options in front of them.” Despite the turbulent energy market in 2020, Peregrine has remained an active buyer of producing royalties throughout the year, often partnering with local land professionals to help connect with owners looking for a fast, fair, and simple sale process. “The fourth quarter is usually one of our busier times of the year,” said C.J. Tibbs, Co-Founder of Peregrine.” Mr. Tibbs continues, “Around this time of year, owners are focused on estate clean-up and tax planning while local land professionals are looking for a strong finish to the year.” To obtain an evaluation of your royalty interest or discuss ways to partner on potential acquisitions, please reach out to C.J. Tibbs at (214) 329-1432 or cj@peregrinelp.com or Josh Prier at (303) 256-6275 or josh@peregrinelp.com.  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 www.peregrinelp.com.

Peregrine Moves into Ohio

September 3, 2020
Peregrine Energy Partners continues their acquisition of Marcellus and Utica Shale Royalty Assets DALLAS, TEXAS, September 3, 2020 — Peregrine Energy Partners (“Peregrine”) has announced the closing of producing mineral interests in Monroe County, Ohio from a private seller. In commenting on the transaction, the local royalty owner said of Peregrine, “They made the process seamless and continually went above and beyond as we worked together towards closing. I really appreciated the smooth and quick process from beginning to end. The royalty owner continued, “After discussing my options with Mr. Prier, I decided that it was in my family’s best interest to sell part of my royalties in an effort to fast-forward the next half-decade of income and minimize my overall tax burden.” This acquisition delivers on a key strategic objective of Peregrine as the company continues to target producing royalties in the Marcellus and Utica Shale formations. This marks the first acquisition in Ohio for Peregrine who has steadily expanded its Appalachia footprint. The Founders have been active in Pennsylvania and West Virginia for over a decade but only recently began efforts to acquire royalties across the border in Ohio. “Ohio has been an area we’ve watched closely for the past few years,” said Josh Prier, Peregrine Managing Director. “As the current production has had some time to settle in and provide us with a clearer picture of the decline profile, we’ve begun to look for opportunities to work closely with the royalty owners and industry professionals in the Buckeye State.” Peregrine finalized the acquisition of natural gas royalties in eastern Ohio under Montage Resources (NYSE: MR). Montage was recently acquired by Southwestern Energy (NYSE: SWN), now the third-largest operator in the Appalachia Basin. Discussing the acquisition, Wolf Hanschen, Peregrine Co-Founder, remarked, “Our team is excited about the prospect of working with additional royalty owners in Ohio to bring transparency and optionality about their oil and gas interests.” The current state of the economy and fluidity of the oil and gas industry has Peregrine committed and focused in their efforts to provide clients with reliable and valuable insight throughout the decision-making process. When Peregrine engages with a royalty owner, the company delivers a professional evaluation of clients’ interests, thereby helping them better understand their options which puts them in a more comfortable position to make the best decision for their family. To learn more or to obtain an evaluation of your royalty interest, please reach out to either C.J. Tibbs at (214) 329-1432 or cj@peregrinelp.com or Josh Prier at (303) 256-6275 or josh@peregrinelp.com. 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 www.peregrinelp.com.