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LongPoint Minerals II, LLC

Company Summary

Description

LongPoint Minerals II is the second company the Denver-based group has launched that focuses exclusively on the acquisition of oil and gas mineral interests. The first LongPoint Minerals entity was launched in 2016, with over $830 million in total capital commitments, including a lead commitment from an affiliate of CPPIB Credit. From 2016 to early 2018 the company successfully deployed all committed capital invested in LongPoint Minerals I and controls a premier position under some of the most active E&P operators in the core of two of the most prolific unconventional U.S. basins, the Anadarko and the Permian. LongPoint II will continue to acquire high-growth, long-life mineral interests in the top U.S. resource plays, primarily focusing on acquiring assets in the SCOOP/STACK/Merge play in the eastern Anadarko Basin and the Midland and Delaware Basins in the greater Permian Basin. While leveraging its cross functional technical model and extensive history and knowledge of these regions, LongPoint II will aim to acquire assets with both current cash flow and undeveloped locations. "We continue to see attractive opportunities to acquire minerals in the core of the best plays in North America. LongPoint has developed an efficient and streamlined approach to the capture and assimilation of mineral interests, allowing our team to be in the market at all times," said Will Cullen, Vice President, LongPoint Minerals II.

Operational Regions

  • SCOOP
  • Oklahoma STACK Play
  • Midland Basin
  • Permian Basin

Related Entities

Recent news

  • 10/2/2018 - LongPoint Minerals... (subscriber access)