Case Energy Partners Announces New Mineral and Royalty Venture CEP Minerals, LLC to Focus in the Per
DALLAS--(BUSINESS WIRE)--Case Energy Partners, LLC and affiliates (Case) announced today the launch of a new mineral and royalty venture, CEP Minerals, LLC. The new venture will deploy $30 million in the next 24 months to pursue the acquisition of oil and gas mineral and royalty interests in the Permian Basin region. Capital for CEP Minerals will be provided by a multifamily office and a private investment firm.
Based in Dallas, Case is a privately-funded energy investment company that acquires and manages oil and gas interests across the United States. The company was founded in 2012 and immediately partnered with a multi-generational family office that has assembled mineral and royalty interest portfolios since the 1930s. Since its inception five years ago, Case has deployed more than $40 million, closing more than 1,000 transactions to acquire mineral and royalty interests covering close to 100,000 gross acres on properties in 10 states.
“It is no secret that the Permian Basin is one of the most desirable and productive oil and gas regions in the United States. As a company that has a presence in unconventional and conventional resource plays across the country, we are excited about the opportunity to focus in the Permian,” said Case Managing Partner Charles Matter. “In contrast to some of our other projects that we hold as legacy investments, our plan with CEP Minerals is to buy and package large portfolios of attractive, high-return properties at an advantageous point in the price cycle. We have been very pleased with the volume of deal flow, and we look forward to continuing to close quality transactions at attractive valuations.”
Leading the Case management team is Managing Partner Charles Matter. A certified mineral manager and registered professional landman, Matter has extensive experience in the evaluation, acquisition and management of oil and gas properties across the country.
About Case Energy Partners
Based in Dallas, Case Energy Partners is a leading purchaser of oil and gas mineral rights and royalty interests throughout the United States. In the past six years, Case has deployed over $40 million in mineral and royalty acquisitions in both conventional and unconventional resource plays including the Woodford, Bakken, Eaglebine, Fayetteville and Hugoton Field, among others. For more information about Case Energy Partners please visit our website www.caseenergypartners.com.
M2H Communications Meredith Hargrove Howard, 210-737-4478 firstname.lastname@example.org