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Peregrine Energy Partners Acquires Assets from The Carlyle Group (NASDAQ: CG)

DALLAS, TEXAS, UNITED STATES, November 2, 2021 /EINPresswire.com/ -- Peregrine Energy Partners has purchased The Carlyle Group's (NASDAQ: CG) remaining interests in Hilcorp's Moxa Arch Field across approximately 1,500 wells for an undisclosed sum. "We are not looking at this purchase as a bet on natural gas, but rather an investment in an area with proven assets under a solid operator," commented C.J. Tibbs, Peregrine's Founder. Mr. Tibbs added, "We do feel, however, that as underinvestment in domestic energy production continues, assets like these will continue to become more valuable ...
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Peregrine Pushes Forward in Bakken Shale with Additional Multi-County Acquisition

Texas-based royalty buyer acquires over 20,000 gross acres across Burke, Divide, and McKenzie Counties. DALLAS, TEXAS, UNITED STATES, September 15, 2021 /EINPresswire.com/ -- Peregrine Energy Partners ("Peregrine") has acquired additional royalty interests in the Bakken Shale, with its most recent royalty acquisition spanning multiple counties across the Williston Basin. The acquisition, from an undisclosed seller, features over 20,000 acres and represents acreage core to Resource Energy, among several additional operators. CJ Tibbs, Managing Director of Peregrine commented on the sale, “Throughout the oil downturn of 2020, we as a company ...
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Texas- based royalty buyer acquires over 400 net royalty acres in Midland & Reeves Counties.

DALLAS, UNITED STATES, August 17, 2021 /EINPresswire.com/ -- Peregrine Energy Partners ("Peregrine") has expanded their model, recently closing on two non-producing mineral properties in the Midland and Delaware Basins. The acquisitions, from undisclosed sellers, features over 400 net royalty acres and represent acreage core to both Pioneer and Chevron with active development in the offsetting acreage. “We’ve always been a PDP focused shop,” said Peregrine’s Co-Founder Wolf Hanschen, “But it was hard to ignore the demand out there for this type of asset.” Hanschen continued, “Because so much of our ...
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Peregrine Expands Reach into Non-Producing Minerals with Multiple West Texas Acquisitions

Texas- based royalty buyer acquires over 400 net royalty acres in Midland & Reeves Counties. DALLAS, UNITED STATES, August 17, 2021 /EINPresswire.com/ -- Peregrine Energy Partners ("Peregrine") has expanded their model, recently closing on two non-producing mineral properties in the Midland and Delaware Basins. The acquisitions, from undisclosed sellers, features over 400 net royalty acres and represent acreage core to both Pioneer and Chevron with active development in the offsetting acreage. “We’ve always been a PDP focused shop,” said Peregrine’s Co-Founder Wolf Hanschen, “But it was hard to ignore the ...
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Peregrine Moves into the Piceance Basin

Texas-Based Royalty Buyer Acquires Over 6,800 Net Royalty Acres in Northwest Colorado DENVER, COLORADO, June 29, 2021 – Peregrine Energy Partners ("Peregrine") has closed on two acquisitions made up of producing and non-producing oil and gas royalties across Garfield, Mesa, Moffat, Rio Blanco and Routt Counties, Colorado from undisclosed sellers. The acquisition features current production from more than 500 wells with active development in the offsetting acreage including 960 active permits and 100 DUC’s. The majority of the operators are basin-specific groups including Caerus Oil and Gas, Laramie Energy, and ...
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Peregrine Acquires Royalties in NE Pennsylvania

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 ...
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Peregrine Acquires Additional Royalties in Appalachian Basin

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,” ...
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Peregrine Acquires Royalties in the Piceance Basin

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 ...
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Peregrine Acquires Royalties in the Wolfberry Shale

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 ...
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Peregrine Acquires Producing Royalties in West Virginia

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 ...
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