This opportunity is available for investment
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 79,418 gross acres, 10 counties, and 18 premier operators. Currently, this acreage has 282 producing wells, 9 active permits, 99 DUCs (drilled but uncompleted), and room for 261 additional wells to be drilled.
Tier 1 Operators include Exxon, ConocoPhilips, Occidental Petroleum, Permian Resources, Mewbourne, and British Petroleum.
At ~5.6 MM barrels of oil produced a day, the Permian Basin is the largest onshore oil field in the world. 47% of all total active rigs in the United States are drilling in the Permian Basin.
Haynesville Shale was estimated to contain about 250 trillion cubic feet of recoverable natural gas, ranking it among the largest U.S. natural gas fields.
Engineering analysis supports an estimate of more than 35 years of remaining oil and gas reserves that can be produced from Wolf Fork Minerals LLC's properties.
Diversified revenue sources: Oil, Natural Gas, and Natural Gas Liquids (NGL's).
Monthly distributions. Distributions are not guaranteed and may be reduced or delayed.
Zero Leverage Allowed — the offering is debt-free.
Cost depletion is another method used for tax purposes for owners of mineral properties. This tax advantage can be substantial in the first 5-7 years of investment ownership, depending on client investment basis.
It is possible, via cost depletion, for clients to protect 50-100% of their annual royalty cash flow from federal taxes dependent on their investment basis.
Percentage depletion allows owners to deduct 15% of their gross annual cash flow from federal income taxes in perpetuity.
1031 exchange eligible — investors can defer paying capital gains taxes on the sale of certain types of investment properties.
Active management by Montego Asset Management, LLC (a subsidiary of Montego Minerals): monthly distributions, in depth monthly activity updates, annual engineering and economic asset reviews, internal cost depletion tax preparation, strategic property sales potential, and extensive energy industry relationships.
Since 2016, Montego Minerals has successfully managed 15 exits across several portfolios.
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
Texas & New Mexico
Please refer to the Wolf Fork Minerals, 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 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.
Track record: more than $511 million in assets under management, 1,823,136 gross acres, 15,618 producing wells managed by Tier 1 operators in 9 states, 15 managed exits, 28 closed offerings.
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.
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 79,418 gross acres, 10 counties, and 18 premier operators. Currently, this acreage has 282 producing wells, 9 active permits, 99 DUCs (drilled but uncompleted), and room for 261 additional wells to be drilled.
Tier 1 Operators include Exxon, ConocoPhilips, Occidental Petroleum, Permian Resources, Mewbourne, and British Petroleum.
At ~5.6 MM barrels of oil produced a day, the Permian Basin is the largest onshore oil field in the world. 47% of all total active rigs in the United States are drilling in the Permian Basin.
Haynesville Shale was estimated to contain about 250 trillion cubic feet of recoverable natural gas, ranking it among the largest U.S. natural gas fields.
Engineering analysis supports an estimate of more than 35 years of remaining oil and gas reserves that can be produced from Wolf Fork Minerals LLC's properties.
Diversified revenue sources: Oil, Natural Gas, and Natural Gas Liquids (NGL's).
Monthly distributions. Distributions are not guaranteed and may be reduced or delayed.
Zero Leverage Allowed — the offering is debt-free.
Cost depletion is another method used for tax purposes for owners of mineral properties. This tax advantage can be substantial in the first 5-7 years of investment ownership, depending on client investment basis.
It is possible, via cost depletion, for clients to protect 50-100% of their annual royalty cash flow from federal taxes dependent on their investment basis.
Percentage depletion allows owners to deduct 15% of their gross annual cash flow from federal income taxes in perpetuity.
1031 exchange eligible — investors can defer paying capital gains taxes on the sale of certain types of investment properties.
Active management by Montego Asset Management, LLC (a subsidiary of Montego Minerals): monthly distributions, in depth monthly activity updates, annual engineering and economic asset reviews, internal cost depletion tax preparation, strategic property sales potential, and extensive energy industry relationships.
Since 2016, Montego Minerals has successfully managed 15 exits across several portfolios.
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
Texas & New Mexico
Please refer to the Wolf Fork Minerals, 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 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.
Track record: more than $511 million in assets under management, 1,823,136 gross acres, 15,618 producing wells managed by Tier 1 operators in 9 states, 15 managed exits, 28 closed offerings.
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.
