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Mesa Minerals IV has officially launched to acquire mineral and royalty interests in the Haynesville Shale, Permian Basin, and other plays, as announced by CEO Darin Zanovich at Hart Energy's 2025 DUG Gas Conference & Expo in Shreveport.
NGP's latest royalty fund financially backs the new venture and follows the success of Mesa Minerals III, which built a substantial portfolio including approximately 6,000 net royalty acres in the Permian Basin and 16,000 net royalty acres in the Haynesville.
While Mesa III has been temporarily sidelined with plans for NGP to market its portfolio in the future, the company is expanding its focus beyond the Permian Basin due to high asking prices for oil-weighted assets there.
This continues the Mesa franchise's established presence in the Haynesville play, where both Mesa I and II previously built and successfully sold mineral positions to Franco-Nevada Corp.
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