Presta Royalty LLC Significantly Expands Mineral Holdings with Major Acquisition Across 13 States
Oklahoma City, OK – July 24, 2025 – Presta Royalty LLC, a prominent player in the energy sector, has announced the successful acquisition of a substantial portfolio of oil and gas royalties and mineral interests, encompassing approximately 18,000 net mineral acres. This significant transaction spans across Oklahoma and an additional twelve states, marking a strategic expansion of Presta’s operational footprint.
The newly acquired assets are particularly focused on prolific producing regions, with a strong emphasis on the highly regarded SCOOP/STACK play and the burgeoning Cherokee Play. These plays are recognized for their rich hydrocarbon potential and their continued contribution to domestic energy production.
This substantial mineral acre acquisition underscores Presta Royalty LLC’s commitment to building a robust and diversified portfolio of high-quality energy assets. By strategically targeting areas with proven production and significant upside potential, Presta aims to deliver consistent value to its stakeholders.
The company’s strategic approach involves identifying and acquiring producing and non-producing mineral and royalty interests, allowing them to participate in the development and production of oil and natural gas reserves. This latest acquisition demonstrates Presta’s proactive strategy in securing valuable mineral rights in key basins across the United States.
Further details regarding the specific states included in the acquisition and the exact terms of the transaction have not been disclosed at this time. However, the sheer scale of the acquisition, totaling 18,000 net mineral acres, signals a significant move for Presta Royalty LLC and its position within the upstream oil and gas sector. The company’s continued growth and investment in these vital energy plays reflect a positive outlook for the domestic energy market.
AI has delivered the news.
The answer to the following question is obtained from Google Gemini.
PR Newswire Energy published ‘Presta Royalty LLC (Presta) Recently Acquired Oil and Gas Royalties and Minerals in Oklahoma and 12 Other States. This 18,000 Net Mineral Acre Acquisition is Focused on the SCOOP/STACK Play and the Cherokee Play.’ at 2025-07-24 12:48. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.