01
Define
Establish the acquisition profile before reviewing inventory.
- Target capital allocation
- Cash or potential 1031 transaction
- Timing and closing requirements
- Ownership and income objectives
- Commodity and production risk tolerance
Acquisition approach
A disciplined path from criteria to closing.
Blackridge begins with the buyer, not a generic offering. The goal is to define the acquisition requirement, screen current opportunities, and give the buyer a clear basis for independent review.
Four phases
A repeatable acquisition process.
02
Source
Screen current interests against the buyer's stated criteria.
- Producing mineral and royalty interests
- Single-property or diversified packages
- Operator and geographic concentration
- Available ownership and title materials
- Transaction path and seller readiness
03
Review
Organize available facts, assumptions, and unresolved items.
- Proposed interest and conveyance
- Operator and well schedule
- Production and revenue history
- Purchase basis and historical economics
- Material risks and open diligence
04
Coordinate
Support the parties and outside professionals through closing.
- Independent buyer and adviser review
- Purchase and conveyance documentation
- Funding and settlement coordination
- Recording and ownership transition
- Post-closing operator documentation
Decision package
Three questions every opportunity must answer.
What exactly is being acquired?
Exact interest, proposed conveyance, legal description, source instruments, and available title support.
What produced the historical income?
Operator and well information, production history, revenue statements, product mix, and material deductions.
What could change, and how does it close?
Pricing, material assumptions, commodity and production risk, unresolved diligence, documentation, and closing path.
Clear responsibilities
Coordination is not a substitute for independent advice.
Blackridge coordinates
Buyer criteria, opportunity screening, available property materials, transaction communication, and the proposed closing path.
The buyer and advisers decide
Legal sufficiency, title acceptance, tax treatment, exchange eligibility, valuation, suitability, and the final acquisition decision.
Next step
Define your acquisition profile.
Start with allocation, timing, transaction type, and ownership objectives. Blackridge can then screen current availability against a real mandate.
Contact Ethan