Peregrine Scoops Up Susquehanna Cnty Royalties, More PA/WV Minerals
Peregrine Energy Partners, the Dallas-based royalty buyer we've been tracking since 2019, is back in the Marcellus/Utica with its checkbook open. Yesterday (Aug. 4), the company announced it closed five separate mineral and royalty deals — two of them right here in the M-U — totaling roughly 3,680 net royalty acres and interests in more than 1,240 producing wells. The first Appalachian deal is a cash-flowing overriding royalty portfolio in Susquehanna County, PA, covering about 936 gross acres and 86 producing horizontal Coterra Energy (now Devon Energy) wells, with more than 50 DUCs and PUDs behind them in both the Upper and Lower Marcellus.To view this content, log into your member account. (Not a member? Join Today!)