This opportunity is available for investment
The Interests offered are certain undivided direct-title Mineral Interests and Royalty Interests in properties located in the States of New Mexico, Texas, and Louisiana. Investors will hold the status of co-owners with respect to the Interests.
The portfolio expands across 85,106 gross acres, 12 counties, and 8 premier operators. Currently, this acreage has 368 producing wells, 40 active permits, 42 DUCs (drilled but uncompleted), and room for 358 additional wells to be drilled. While there is no guarantee that additional wells will be added to the portfolio, all counties are located in core areas where drilling activity is present today. It is important to note that all current and future production, (i.e., drilling of wells) is at the expense of the operator, not the royalty owner.
At Montego Minerals, we focus on acquiring mineral and royalty interests in properties with current oil and gas production and potential for growth. We look for properties with existing leases held by energy companies, who handle all drilling expenses and risks. Through Montego Asset Management, LLC, we manage these interests for our investors, collecting royalty payments from operators based on monthly revenue from producing wells.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
The portfolio expands across 85,106 gross acres, 12 counties, and 8 premier operators.
Currently, this acreage has 368 producing wells, 40 active permits, 42 DUCs (drilled but uncompleted), and room for 358 additional wells to be drilled.
While there is no guarantee that additional wells will be added to the portfolio, all counties are located in core areas where drilling activity is present today.
It is important to note that all current and future production, (i.e., drilling of wells) is at the expense of the operator, not the royalty owner.
Our engineering analysis supports an estimate of more than 35 years of remaining oil and gas reserves that can be produced from Longview Royalties LLC’s properties.
Provides exposure to energy real estate through producing and non-producing royalty assets located in our country’s most active shale plays.
It is anticipated that net royalty income will be disbursed to Investors on a monthly basis.
Royalty Interests in domestic oil and gas properties may qualify as replacement property for Section 1031 Exchanges of real property located in the United States and held for investment or for use in a trade or business.
The Offeror has secured a tax opinion that the Interests should be treated as real property for purposes of a Section 1031 Exchange.
Montego provides clients an investor portal where they can access monthly individual investor statements and secure digital copies of tax documents for convenience.
The primary purpose for acquiring Longview Royalties Interests will be to generate income from the production of oil and natural gas.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Mineral Rights
Location
New Mexico, Texas, and Louisiana
Please refer to the Longview Royalties LLC - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Montego Energy Partners, LLC
Montego Minerals was founded in 2009 as a family office that pursues mineral and royalty acquisitions, but the executive team’s combined expertise extends back to 1956. At that time, founding principal Monty Gist worked at Humble Oil and Refining (now ExxonMobil), followed by six decades working with independent exploration companies in and around the Permian Basin. Gist’s son and grandson, founding principals S. Rhett Gist (a master petroleum engineer) and B. Cutler Gist (an industrial engineer), have followed in Monty’s footsteps, also carving out successful careers in the oil and gas and the mineral and royalty industries.
Montego formed its first mineral property fund for outside investors, Montego Capital Fund I Ltd, in 2014 and since that time has formed and managed more than twenty additional mineral property funds.
Montego Minerals is an accumulation of deep experience in all areas of petroleum engineering and geology, oil and gas consulting, economics, and exploration. The company focuses on high potential assets in the Permian Basin, specifically in the Midland Basin, as well as the East Texas Basin.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
The Interests offered are certain undivided direct-title Mineral Interests and Royalty Interests in properties located in the States of New Mexico, Texas, and Louisiana. Investors will hold the status of co-owners with respect to the Interests.
The portfolio expands across 85,106 gross acres, 12 counties, and 8 premier operators. Currently, this acreage has 368 producing wells, 40 active permits, 42 DUCs (drilled but uncompleted), and room for 358 additional wells to be drilled. While there is no guarantee that additional wells will be added to the portfolio, all counties are located in core areas where drilling activity is present today. It is important to note that all current and future production, (i.e., drilling of wells) is at the expense of the operator, not the royalty owner.
At Montego Minerals, we focus on acquiring mineral and royalty interests in properties with current oil and gas production and potential for growth. We look for properties with existing leases held by energy companies, who handle all drilling expenses and risks. Through Montego Asset Management, LLC, we manage these interests for our investors, collecting royalty payments from operators based on monthly revenue from producing wells.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
The portfolio expands across 85,106 gross acres, 12 counties, and 8 premier operators.
Currently, this acreage has 368 producing wells, 40 active permits, 42 DUCs (drilled but uncompleted), and room for 358 additional wells to be drilled.
While there is no guarantee that additional wells will be added to the portfolio, all counties are located in core areas where drilling activity is present today.
It is important to note that all current and future production, (i.e., drilling of wells) is at the expense of the operator, not the royalty owner.
Our engineering analysis supports an estimate of more than 35 years of remaining oil and gas reserves that can be produced from Longview Royalties LLC’s properties.
Provides exposure to energy real estate through producing and non-producing royalty assets located in our country’s most active shale plays.
It is anticipated that net royalty income will be disbursed to Investors on a monthly basis.
Royalty Interests in domestic oil and gas properties may qualify as replacement property for Section 1031 Exchanges of real property located in the United States and held for investment or for use in a trade or business.
The Offeror has secured a tax opinion that the Interests should be treated as real property for purposes of a Section 1031 Exchange.
Montego provides clients an investor portal where they can access monthly individual investor statements and secure digital copies of tax documents for convenience.
The primary purpose for acquiring Longview Royalties Interests will be to generate income from the production of oil and natural gas.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Mineral Rights
Location
New Mexico, Texas, and Louisiana
Please refer to the Longview Royalties LLC - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Montego Energy Partners, LLC
Montego Minerals was founded in 2009 as a family office that pursues mineral and royalty acquisitions, but the executive team’s combined expertise extends back to 1956. At that time, founding principal Monty Gist worked at Humble Oil and Refining (now ExxonMobil), followed by six decades working with independent exploration companies in and around the Permian Basin. Gist’s son and grandson, founding principals S. Rhett Gist (a master petroleum engineer) and B. Cutler Gist (an industrial engineer), have followed in Monty’s footsteps, also carving out successful careers in the oil and gas and the mineral and royalty industries.
Montego formed its first mineral property fund for outside investors, Montego Capital Fund I Ltd, in 2014 and since that time has formed and managed more than twenty additional mineral property funds.
Montego Minerals is an accumulation of deep experience in all areas of petroleum engineering and geology, oil and gas consulting, economics, and exploration. The company focuses on high potential assets in the Permian Basin, specifically in the Midland Basin, as well as the East Texas Basin.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
