Peregrine Energy Partners acquires additional royalties in W. Va.
Friday, September 4, 2020
Peregrine Energy Partners recently acquired additional producing royalties in Doddridge County, West Virginia from several private sellers, according to EIN Presswire.
The company finalized the acquisition of royalties in 17 producing natural gas wells across three units under Antero Resources and Jay-Bee Oil and Gas.
“We will continue to look for properties with a similar profile in the Marcellus; a diversified well count generating consistent cashflows with single digit decline rates under a well-capitalized, pure-play operator,” said Josh Prier, Peregrine Managing Director.
Learn more: EIN Presswire > Peregrine acquires additional royalties in Doddridge County
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Mineral rights are the rights of the owner of the property to mine or produce any resources below the surface of the property. Mineral rights are different from surface rights.
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