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(World Oil) – Rising Phoenix Capital, an investment firm specializing in oil and gas mineral royalty acquisitions, today announced a new strategic acquisition in the Midland basin. Our focus remains on acquiring top-tier mineral assets in core basins, leased to highly capable operators.
For Viper, it is a bit riskier as the buyer of assets, but it offers a big upside should oil and gas prices rise. Viper SWOT Viper Energy delivers strong operational results, with Q1 2025 oil production of 31,311 barrels per day and industry-leading gross profit margins of 92.92 Weak natural gas prices ($2.08/Mcf
Sitio is a pure-play mineral and royalty company that acquires quality oil and gas mineral and royaltyinterests in productive U.S. Sitio has around 25,300 net royalty acres in the Permian Basin, as well as an additional The buyer will acquire Sitios net debt of approximately $1.1
Dallas-based Elk Range Royalties said recently it acquired Newton Financial Corp., Concord Oil and Mission Oil. Collectively they own mineral and royaltyinterests across the Permian Basin in west Texas and Eagle Ford in south Texas. Elk Range buys mineral and royaltyinterests across multiple U.S.
(Oil & Gas 360) – CanCambria Energy Corp. TSXV: CCEC ) ( FSE: 4JH ) is pleased to announce that it has been granted its first drilling permit from the Hungarian Mining Directorate for the CC- Ba-E-2 appraisal well at its 100% owned Kiskunhalas tight gas project in Hungarys Pannonian Basin.
In response to today’s announcement that Viper Energy, a subsidiary of Diamondback Energy, would acquire Sitio Royalties Corp for $4.1 Now, for just the second time Enverus has tracked, two publicly traded minerals companies are combing with Viper Energy Partners buying Sitio Royalties for $4.1 billion inclusive of net debt.
Dallas-based Elk Range Royalties said recently it closed a deal to acquire 250,000 net royalty acres from affiliates of Occidental Petroleum for $905 million. Charlie Shufeldt, CEO, said March 21, The DJ Basin presents some of the best operator economics in the U.S., Elk has deployed more than $1.2
(Oil & Gas 360) –MIDLAND, Texas, June 03, 2025 (GLOBE NEWSWIRE) — Viper Energy, Inc. NASDAQ:FANG) (Diamondback), and Sitio Royalties Corp. Pro forma Viper is now clearly a must-own public mineral and royalty company in North America, with attractive size and scale in the Permian Basin.
The High-Stakes Transaction That Started It All This dispute arose from a series of complex oil and gas transactions involving hundreds of leases across thousands of acres. The distinguishing feature of the 24 leases at issue was that KEW owned up to an 80% working interest in them (compared to 75% in all other leases being sold).
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