Who We Are
Founded in 2021 with the support of over 105 investors, we are a Houston-based non-operating oil and gas company. Led by a six-member board of experienced industry professionals, our goal is to maximize the company’s exit valuation by using investor capital to acquire attractive oil and gas properties, manage those properties, and then reinvest our excess cash flows into further acquisitions or to support the growth of strategic partnerships.
Areas of interest
Our area of interest lies primarily in the states of Texas, New Mexico, Utah, and Louisiana, where we have a significant presence in the Permian and Non-Core Permian basins. Our assets are primarily cash-flowing and legacy PDP properties that offer long-term upside and horizontal development opportunities. We are also open to partnering with larger operators in non-core areas for both development and divestment opportunities.
How we could work together
In addition to purchasing oil and gas working/royalty interests or leases with new drill AFEs, we can work with you on a creating a flexible exit/retirement strategy, including a partial or full sale for stock, cash, or a combination. Through a tailored plan, we can satisfy preferences regarding timing, estate planning, and creating the most tax-efficient structure. We have done deals where the seller became a Spearpoint investor, retained certain interests, or established an arrangement to sell Spearpoint acreage with new AFEs on a go-forward basis (and some combination of those). We are in the business of creating working relationships and would love to begin a partnership together.
Reasons to deal with us
We are a privately held oil and gas company, not backed by private equity. Our board of directors is comprised of long-time oilmen who understand that a deal needs to be good for both sides. By working directly with us, you'll save on advisory fees and commissions, and enjoy the flexibility of choosing the timing and mode of sale that works best for you. Additionally, we are comfortable working with a variety of record management systems, ensuring a smooth and efficient process for all parties involved.
