Announcements

Saxet Petroleum, Inc. (SPI)
Saxet III Minerals, LLC (SM3)
RIP3, LP (RIP3LP)
Saxet II Minerals, LLC (SM2)
Royalty Interests Partnership, LP (RIPLP)
Saxet I Minerals, LLC (SM1)

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  • July 10, 2018

    SPI formed third generation investment vehicle SM3 with a $100 million capital commitment from Post Oak Energy Capital.

    (View press release.)

  • March 19, 2018

    RIP3LP and SM2 acquire mineral/royalty assets in North Dakota and Montana from WPX with an effective date of January 1, 2018.

  • April 26, 2017

    RIP3LP and SM2 acquire mineral/royalty assets in the Midland basin with an effective date of March 1, 2017.

  • February 28, 2017

    SM2, RIPLP, and SM1 acquired additional mineral/royalty interests in the Midland Basin in Texas from private sellers.  The effective date for this transaction is October 1, 2016.

  • February 24, 2017

    RIP3LP was formed to co-invest alongside SM2.

  • January 25, 2017

    SPI formed second generation investment vehicle SM2 with a $100 million capital commitment from Post Oak Energy Capital.

    (View press release.)

  • January 24, 2017

    RIPLP and SM1 completed all placements of committed capital with the acquisition of mineral/royalty interests in the Midland Basin in Texas from private sellers.  The effective date of this transaction is October 1, 2016.

  • 4th Quarter, 2016

    RIPLP and SM1  acquired additional mineral/royalty interests in the SCOOP/STACK play in Oklahoma from multiple sellers.  The effective dates of these transactions were October 1 and November 1, 2016.

  • 2nd Quarter & 3rd Quarter, 2016

    RIPLP and SM1  acquired mineral/royalty interests in the SCOOP/STACK play in Oklahoma from multiple sellers.  The effective dates of these transactions were June 1 and July 1, 2016.

  • August 21, 2015

    RIPLP and SM1 acquired mineral/royalty interests in the Midland Basin from Wolfpack Minerals, LLC, an affiliated company of Tall City Exploration. The effective date of this transaction is March 31, 2015.

  • February 2, 2015

    RIPLP and SM1 acquired mineral/royalty interests in the Fayetteville Shale play from several private family entities. The effective date of this transaction is August 1, 2014.

  • October 12, 2014

    SPI formed SM1 with a $50 million capital commitment from Post Oak Energy Capital to leverage its combined industry experience and contacts to expand its targeted market for acquisitions and accelerate growth in its mineral/royalty acquisition program throughout the United States.

  • April 15, 2014

    The General Partner and Limited Partners agreed to merge Royalty Interests Partnership II, LP, and RIPLP with RIPLP being the surviving entity. Both of these Partnerships have complementary mineral, royalty, and overriding portfolios and will further streamline its business platform. The effective date of this transaction is January 1, 2014.

  • December 19, 2013

    Royalty Interests Partnership II, LP, acquired mineral/royalty interests in Oklahoma and Texas from Tucker Interests. These minerals are primarily located in the emerging South Central Oklahoma Oil Province (SCOOP) Woodford Shale play in Oklahoma. The effective date of this transaction is January 1, 2014.

  • January 18, 2012

    Royalty Interests Partnership II, LP, acquired mineral/royalty interests in the prolific Bakken/Three Forks Shale in North Dakota and Montana from Indigo Minerals II, LLC. The effective date of this transaction is September 1, 2011.

  • December 14, 2011

    Royalty Interests Partnership II, LP, a Texas-based limited Partnership, was formed for the acquisition and management of minerals, royalties, and overriding royalties.

  • December 9, 2010

    RIPLP acquired mineral/royalty interests located in the Bakken/Three Forks Shale from Key Oil Properties. The effective date of this transaction is December 1, 2010.

  • June 16, 2010

    RIPLP acquired mineral/royalty interests in the Bakken/Three Forks Shale in North Dakota and Montana from Golden Oil Company. The effective date of this transaction is June 1, 2010.