The following information is provided by TenOaks Energy Advisors LLC. All inquiries on the following listings should be directed to TenOaks. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

Rising Phoenix Royalties is offering for sale a diversified mineral and royalty portfolio across several basins in the continental U.S. The company has retained TenOaks Energy Advisors as its exclusive adviser in connection with the transaction.

Key Considerations:

  • Attractive mineral and royalty portfolio strategically positioned in areas with ongoing serendipitous growth 
  • Asset anchored by large royalty ownership in the Rockies (Williston, D-J, Wind River), Permian (Midland Basin) and Marcellus / Utica
  • Notable commodity diversification:  75% gas | 28% liquids​​
  • Predictable, growing cash flow profile
    • August 2022 cash flow: ~$700,000
    • Annualized 2022 cash flow: ~$6.7 million
Hart Energy October 2022 - TenOaks Energy Advisors Marketed Map - Rising Phoenix Diversified Mineral Royalty Divestiture
(Source: TenOaks Energy Advisors)

Bids are due Oct. 26. The transaction has an effective date of Oct. 1 and is targeted to close in December.

A virtual data room is available. For information visit tenoaksenergyadvisors.com or contact B.J. Brandenberger at TenOaks Energy Advisors at 214-663-6999 or BJ.Brandenberger@tenoaksadvisors.com.

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