Phoenix Capital Group Acquires Nearly 600,000 Net Mineral Acres From AgWest Farm Credit

DENVER–(BUSINESS WIRE)–Phoenix Capital Group has acquired nearly 600,000 net mineral acres from AgWest Farm Credit. The assets acquired are spread across four states, with more than 50,000 net mineral acres in the oil-rich counties of Richland and Roosevelt on the Montana side of the Bakken formation. The transaction, which closed on January 5, 2024, represents one of the largest single acquisitions the company has ever made. The minerals acquired through this deal are currently producing app

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