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Anadarko partners with KKR & Co. in developing Eaglebine acreage
Anadarko Petroleum Corporation is partnering with New York-based private equity firm KKR & Co. in a bid to develop its acreage across East Texas, Bloomberg reported on October 29.
An investment of $442 million has been provided by the KKR & Co. to fund the drilling of more than 500 oil and gas wells in the Eaglebine field, an oil- and gas-rich region northeast of Houston. A University of Houston lecturer on energy economics said the joint venture will help Anadarko expedite oil and gas drilling activities and secure its leased lands without having to lose much of its own funds.
An ever-increasing volume of investment in oil and gas sector means a robust public and business confidence in the industry. If you are planning to take part in the oil and gas boom in Texas by selling your mineral rights, consult with a broker at The Mineral Auction by calling (512) 698-2802 today.
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If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.
The Mineral Auction provided me with an invaluable exit strategy when selling a mineral interest that one of my clients had. I’d recommend them to anyone who has the need to create some liquidity.
Blake is excellent. We have used him in numerous family issues and find him always direct and very helpful. He is incredibly informed and our go-to guy.
Blake and I have worked on several deals together and they have always gone off without a hitch. Both parties leave the table satisfied. Highly recommended!
Blake hit it out of the park! He did everything he said he would do, and then some. He far exceeded our expectations within a day! If you are concerned about paying commission or being restricted to a broker – don’t be. He will max out the value of your minerals. I tried to negotiate with several buyers on my own and didn’t come within the same universe.
Blake Bergstrom helped my family negotiate the sale of our mineral rights for our small ranch outside of San Antonio. I found Blake to be very knowledgable about whole process and took the time to answer all our questions. We were very satisified with the transaction and have already recommended Blake and The Mineral Auction to some our friends. Thanks again.
I have mineral rights to natural gas and Blake was excellent in his advice regarding my situation. Thanks a lot for your help!
