Dallas-based Spicewood Mineral Partners said last week its recent acquisitions of tier 1 mineral assets in Permian Basin reflect “a strategic blend of early-life and more mature assets.” John Golden, co-founder and partner, announced on Oct. 22 a series of five deals in Delaware and Midland basins, including assets in Reeves and Ward counties. They include both production-ready assets and significant future development opportunities.
Golden added, “The mineral tracts acquired have best-in-class operators such as ConocoPhillips, Occidental Petroleum and BP, each focused on low breakeven and highest return potential resource opportunities.”
Spicewood is an investment and technology-driven firm focused on the acquisition, aggregation and management of mineral and royalty assets within U.S. top-tier basins.