Peregrine Energy Partners has acquired royalty interests in Washington County, Pennsylvania as well as in Tyler and Richie Counties in West Virginia from various undisclosed sellers, according to EIN Presswire.

Some of these acquisitions came from well-known producers such as Range Resources, Antero Resources and EQT Corporation.

“The Appalachian Basin and specifically the Marcellus Shale is an area we’ve been a fan of for many years as it’s proven itself a consistent source of high-quality, natural gas assets operated by basin-specific operators like EQT, Range, and Antero,” Peregrine Co-Founder Wolf Hanschen said. “When you have these geographically-dedicated operators spending north of $2 billion this year alone, it gives us the confidence to lean in on properties like these, even with all of the current unknowns in the broader markets.”

Learn more: EIN Presswire > Peregrine Acquires Mineral Rights in Pennsylvania and West Virginia