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Home New ConocoPhillips Deal Marks Rising Phoenix Capital’s Continued Push into Texas’ Midland Basin

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New ConocoPhillips Deal Marks Rising Phoenix Capital’s Continued Push into Texas’ Midland Basin

DALLAS--(BUSINESS WIRE)--Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, today announced a strategic purchase of mineral interests in Ector and Midland Counties, TX, operated by ConocoPhillips. This purchase strengthens the firm’s growing position in the core of the Midland Basin, widely regarded as one of the most prolific energy-producing regions in the United States. The acquisition was made through the Maroon Bells Fund, one of Ri...

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