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Everest Energy Partners: Two 24-year-old Energy Entrepreneurs Built and Sold Multi-Million Dollar Energy Company einnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from einnews.com Daily Mail and Mail on Sunday newspapers.
Drilling Rig in Mesa County, Colorado Quick Evaluations and Prompt Closings Help Local Royalty Owner Divest DENVER, COLORADO, USA, April 8, 2021 /EINPresswire.com/ Peregrine Energy Partners ( Peregrine ) has agreed to acquire producing royalties across Garfield and Mesa Counties, Colorado from a private seller (“Client”). Peregrine finalized the royalty acquisition with over 100 natural gas wells under Caerus Oil & Gas, an active and private oil & gas producer. Caerus Oil & Gas is a leading local operator in the Piceance and Uinta Basins with their core assets including over 6,800 producing wells and a substantial undeveloped acreage position with over 8,000 future drilling locations. Peregrine’s Client in this transaction was a colleague in the oil and gas royalty space. The acquisition developed as the Client reviewed options around their portfolio and underwent strategic planning for the future ....