
MIDLAND: Rising Phoenix Capital, a boutique investment firm specializing in oil and gas mineral royalty acquisitions, said Friday it has acquired mineral rights in Texas’ Midland Basin through its Maroon Bells Fund.
The assets, located in Ector and Midland Counties and operated by ConocoPhillips, include producing wells and permitted sites for near-term development. The firm said the deal enhances its footprint in the prolific shale region and supports its strategy of consistent monthly income and long-term capital preservation for accredited investors.
“We underwrite for predictability, not hype,” said Jace Graham, founder and CEO of Rising Phoenix. “This deal strengthens our position in the heart of the Midland and supports our strategy of dependable cash flow and upside potential.”
It is Rising Phoenix’s fourth Midland Basin acquisition of 2025 and follows the firm’s disciplined strategy focused on direct sourcing and in-house underwriting, with no use of leverage.
The Dallas-based firm is currently accepting subscriptions into its La Plata Peak Fund, a diversified portfolio offering energy-linked income.
Founded by four generations of energy and real estate professionals, Rising Phoenix focuses on acquiring cash-flowing mineral rights and strategic alternative assets.