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The "Sleepy Basin" Awakens: Rising Phoenix Capital Closing Strategic Sale in the Barnett Shale Highlights Value Beyond the Permian

Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, today announced the strategic sale of a 661.88 net royalty acre mineral package in the Barnett Shale, located in Denton County, Texas. Operated by BKV Barnett, this asset was part of the Rising Phoenix Royalty Fund III, LP and represented a high-cash-flow position with near-term development upside.

While many mineral buyers and investment shops have shifted their focus to the Permian Basin and other high-profile plays, Rising Phoenix Capital remains active in basins where others have moved on. “We’re active in the Permian, but we also look for opportunities in areas like the Barnett Shale, where competition is lower, pricing can be more favorable, and the right deals can deliver strong, stable returns,” said Jace Graham, CEO and founder of Rising Phoenix Capital, who has been acquiring assets in the Barnett since 2005.

A Strategic Play with Built-In Upside

The Denton County asset was acquired from a commercial land development company several years ago, after Rising Phoenix identified early signs of renewed drilling interest in the area. BKV Barnett’s aggressive development schedule validated that thesis: two wells were completed in June 2023, two more in December 2024, and three additional wells—spudded in March 2025—are awaiting completion.

“This was a classic example of what we look for: strong current cash flow with identifiable upside,” said Graham. “BKV’s activity added value for our fund, and we were able to complete a sale that generated excellent returns for our investors while still leaving some meat on the bone for the buyer to monetize.”

The buyer and sales price remain undisclosed, but the transaction is expected to push the overall performance of Rising Phoenix Royalty Fund III, LP toward the upper end of its targeted return range.

A Focus on Yield-Generating Assets

Rising Phoenix Capital focuses on cash-flowing, yield-generating investment opportunities in oil and gas minerals. The company maintains direct relationships with mineral owners to identify and acquire assets with stable production, development potential, and favorable risk profiles.

Graham currently manages approximately 16,000 net royalty acres in the Barnett Shale alone, alongside a broader portfolio across other U.S. basins.

Opportunities for Accredited Investors

For accredited investors seeking professionally managed exposure to oil and gas minerals, Rising Phoenix Capital curates and manages mineral funds designed to deliver monthly income and long-term capital appreciation. The firm’s current offering, the La Plata Peak Fund, targets producing mineral assets with development upside across multiple basins.

For accredited investors seeking exposure to energy income, Rising Phoenix Capital is currently accepting subscriptions into its newest fund, La Plata Peak Fund — a diversified mineral portfolio offering immediate cash flow and long-term upside. Learn more at www.laplatapeakfund.com or call 214.214.4268.

About Rising Phoenix Capital

Rising Phoenix Capital is a privately held investment firm specializing in direct, alternative asset investments across oil and gas minerals, royalties, non-operated working interests, and real estate. With four generations of experience in energy and real estate, we combine industry expertise with a hands-on approach to deliver strong, stable returns.

Our in-house team sources, analyzes, and acquires high-value assets, leveraging off-market deal flow to uncover the best opportunities. By focusing on cash-flowing mineral rights and strategic investments, we provide investors with consistent income and long-term financial growth.

At Rising Phoenix Capital, we believe in transparency, efficiency, and integrity—ensuring that every investment decision is backed by data, experience, and a commitment to delivering real value.

Photography, B roll, and additional assets are available on the company’s Media Kit here.

Contacts

Media Contact:

Aquila Mendez-Valdez

210.606.5251

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