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Rising Phoenix Capital expands Midland basin footing with strategic acquisition

Oil & Gas 360º

(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.

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Viper’s Royalty Model: Worth a Look

Permian Basin Oil and Gas Magazine

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

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Diamondback Unit to Buy Sitio Royalties in $4-Billion All-Stock Deal

OilPrice

Sitio is a pure-play mineral and royalty company that acquires quality oil and gas mineral and royalty interests 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

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Elk Range Royalties acquires assets in Permian Basin, Eagle Ford

Permian Basin Oil and Gas Magazine

Dallas-based Elk Range Royalties said recently it acquired Newton Financial Corp., Concord Oil and Mission Oil. Collectively they own mineral and royalty interests across the Permian Basin in west Texas and Eagle Ford in south Texas. Elk Range buys mineral and royalty interests across multiple U.S.

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Kimbell to Bolster Permian Position with $231 Million Acquisition

Rigzone: News

Kimbell signed a deal to acquire Boren Minerals' oil and natural gas mineral and royalty interests in the Permian Basin for about $231 million.

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CanCambria Energy Corp, receives first drilling permit for Kiskunhalas Project in Hungary

Oil & Gas 360º

(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.

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Viper strikes rare mineral merger with $4.1B Sitio buy

Enverus

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.