Peregrine Energy Buys More Royalty Rights in Ohio Utica Shale
Peregrine Energy Partners, headquartered in Dallas, Texas, continues a program to buy royalty rights in the Marcellus/Utica and elsewhere. We have chronicled a number of Peregrine's M-U purchases since 2019 (see our Peregrine stories here). Two years ago, Peregrine acquired one of its largest royalty positions in the Utica, spanning over 340,000 gross acres in 18 counties. The company has come calling again, adding royalties from more producing wells to its already large Utica portfolio.
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