Post Oak Minerals V, affiliate of Houston-based Post Oak Energy Capital, said last week it has completed 10 acquisitions this year primarily in Permian Basin totaling more than $475 million. The assets include more than 27,400 net royalty acres of mineral and royalty interests in Permian Basin and 24,000 net royalty acres in Midland Basin from Apache Corp. Other sellers include Hunt Oil, and other acquired assets are from Eagle Ford and Haynesville.
Post Oak Minerals V will manage the acquired assets. In total it now oversees more than 80,000 net royalty acres, including 50,000 in Permian Basin.
Eric Madry, managing director, said July 29, “These interests are in proven areas among the best geology and lowest breakeven development costs in the U.S. and are being actively developed by premier, well-capitalized operators that are executing full pad development programs.” Post Oak Minerals V was formed in 2024 to focus on acquiring mineral and royalty assets in Permian Basin and other U.S. basins.