Rising Phoenix Royalties has acquired 121 new royalty acres in the Eagle Ford Basin in Karnes County.
The Dallas-based mineral and royalty interest acquisition company purchased the asset from an undisclosed seller.
“For the Karnes County acquisition, we were fortunate to work with a client with whom we had previously purchased oil and gas royalties,” Rising Phoenix founder and CEO Jace Graham said in a statement. “Our client appreciated the trusted business relationship established from…
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