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Home Mentor Capital Adds 8 More Lots to Its Permian Basin Oil and Gas Interests

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Mentor Capital Adds 8 More Lots to Its Permian Basin Oil and Gas Interests

PLANO, Texas,--(BUSINESS WIRE)---- $MNTR #Acquisitions--Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all-cash transaction it has added eight additional lots to its recent holdings of various royalty interest participations in the West Texas Permian Basin. Mentor’s purchased royalty streams pay out a portion of the revenue from oil and gas production “off the top” with no responsibility to pay the expenses of the underlying production. This recent additional purchase, on a cost basis, increases Mentor’s over...

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