Core Minerals Management II LP

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Core Minerals Management II LP - overview

Established

2006

Location

Evansville, IN, US

Primary Industry

Oil & Gas

About

Core Minerals Management II LP focuses on enhancing the performance of oil and gas properties through management strategies that optimize asset value and improve stakeholder returns, primarily in the United States. Founded in 2006, Core Minerals Management II LP operates from Evansville, US, specializing in the management of upstream and midstream oil and gas assets. The company has engaged in 2 deals and completed its latest funding round, Growth, raising USD 40. 00 mn from Post Oak Energy Capital, which matches its total amount raised.


Core Minerals specializes in optimizing the performance of upstream and midstream oil and gas properties, enhancing asset value and stakeholder returns through operational excellence strategies. The company's core product offerings include comprehensive management of both producing and non-producing energy assets, utilizing a strategic, integrated approach driven by a disciplined Operations Team. Their services encompass the aggregation of complementary properties, the application of advanced oil and gas technologies, and improvements in infrastructure. Core Minerals targets clients in the United States, focusing on oil and gas operators facing challenges such as fluctuating market prices, rising costs, and the transition toward a low-carbon economy.


By addressing these challenges, Core Minerals serves a diverse client base, including energy producers and stakeholders seeking to maximize capital efficiency while adhering to stringent environmental regulations. Core Minerals generates revenue through structured business transactions that involve the optimization of oil and gas assets for their clients. The company engages in business-to-business interactions, often forming partnerships with energy operators who require tailored management solutions for their properties. Revenue streams include service agreements detailing the operational strategies implemented by Core Minerals, along with performance-based compensation tied to asset value enhancements.


The nature of transactions involves negotiated contracts specifying terms of service and deliverables, focusing on providing value through expert management of oil and gas acquisitions and enhancing the overall financial performance for their clients. Core Minerals plans to utilize the recent funding of USD 40. 00 mn to expand its market presence and enhance its operational capabilities. The company is designing new products aimed at improving asset management efficiencies and is targeting expansion into additional U.


S. regions by the end of 2025 to better serve its growing client base. Funding will support these initiatives, allowing for investment in advanced technologies and the development of strategic partnerships with energy operators.


Primary Industry

Oil & Gas

Sub Industries

Oil & Gas Exploration and Production

Website

www.coreoperating.com

Total Amount Raised

Subscriber access only

Core Minerals Management II LP - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedCore Minerals Management II LP-
Unspecified ExitCompletedCore Minerals Management II LP-

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