Phoenix Capital Group Purchases Assets In North Dakota
09/06/23, 10:02 AM
Location
denverIndustry
energy
oil and gas
Phoenix Capital Group Holdings LLC, a family-owned enterprise specializing in oil and gas mineral rights acquisition and non-operated working interests, is thrilled to announce a significant acquisition in North Dakota. The company has recently finalized the purchase of prime assets valued at approximately $9 million, from Oil and Gas industry leader XCL Resources, further solidifying its growing presence in the region. The official closing of this transaction is scheduled for the end of August.
Company Info
Location
Denver, Colorado, United States
Company info
Phoenix Capital Group Holdings, LLC is a leading oil and gas mineral rights acquisition and non-operated working interest enterprise headquartered in Denver, Colorado. The family-owned company is a technology-led and client-centric focused organization dedicated to developing partnerships with its clients through property acquisitions and investment opportunities. With a team of experienced professionals with expertise in software development, engineering, and finance, Phoenix Capital Group boasts over 60 years of combined experience in the energy sector, focusing on capital deployment and asset management.