Tuesday, 13 May 2025
Home Mentor Capital Wins Auction for Permian Basin Oil and Gas Royalties

The following content is a news release distributed by . The original news release may be found here.

Mentor Capital Wins Auction for Permian Basin Oil and Gas Royalties

PLANO, Texas--(BUSINESS WIRE)---- $MNTR #Covid--Mentor Capital, Inc. (OTCQB: MNTR) announced that in an all cash transaction it has purchased a 25.127 net royalty acre portion of a producing 71 well pooled project in the West Texas Permian Basin. Mentor’s purchased royalty stream is the equivalent to 12.5% “off the top” of oil and gas revenues for its acreage, with no responsibility to pay any expenses. During the preceding six-months, the average production for Mentor’s portion has been recorded as 10 barrels...

Read the full news release here

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