US EditionRising Phoenix Capital Acquires Mineral Rights in Midland Basin Operated by ConocoPhillips
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Rising Phoenix Capital Acquires Mineral Rights in Midland Basin Operated by ConocoPhillips
Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, today announced a new strategic acquisition in the Midland Basin. The mineral rights, located in Ector and Midland Counties, TX, are operated by ConocoPhillips and were acquired through the firm’s Maroon Bells Fund, an income-focused mineral portfolio that has delivered consistent cash distributions. The acquisition includes both producin…
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