Perpetual Production, LLC (“Perpetual”) was formed in 2017 as a multi-strategy land-focused oil and gas company with an emphasis on the acquisition of minerals, royalties, non-operated working interests and leasehold in targeted basins across the United States. Since the beginning of 2014, the Perpetual management team has closed on over 1,000 mineral and leasehold transactions, acquiring almost 90,000 net mineral acres and approximately 600,000 net acres of leasehold. Perpetual’s management team has extensive in-basin experience and has vast technical capabilities and a proprietary network across Appalachia, West Texas and the Mid-Continent that allows us to see and process deal flow unlike our competitors.
As an opportunistic land-focused oil and gas company, Perpetual exploits value from the ownership of low-risk, low-cost minerals, overriding royalty interests and non-operated working interests. From time to time, Perpetual may also consider short-duration holds of leasehold and strategic joint ventures with industry partners. By utilizing our extensive on-the-ground network, deep technical knowledge and unparalleled financial expertise, we will deliver significant risk-adjusted returns for our investors, focusing on capital efficiency and a rifle-shot approach to investing. Perpetual holds the firm view that the most attractive valuations for hydrocarbons and leasehold are rarely found in broadly marketed processes but are best captured when dealing face-to-face with land owners. Perpetual also takes a contrarian approach to value creation by not always investing in today’s “popular” or “hot” unconventional basins where overly-crowded markets tend to push price points beyond desirable return thresholds.
Perpetual’s differentiated approach to asset capture and acquisition analysis will create a highly-sophisticated oil and gas company with strengths that are unrivaled in the industry.