Exchange-X, along with managing partner Montego Minerals, is pleased to announce the offering of Vaquero Minerals, LLC. Vaquero Minerals LLC is offering investors the opportunity to purchase undivided Mineral Interests and Royalty Interests in oil and gas properties located in New Mexico and Texas. Investors will become co-owners of these interests, which are primarily in producing properties that the company believes will generate positive cash flow. A key feature of this offering is that investors will not be required to actively participate in exploratory or development drilling, which removes them from the potential liabilities associated with such activities.

The value of these interests is directly tied to the underlying reserves and future oil and gas development activities. The portfolio includes 110 properties across fourteen counties, with 538 existing wells operated by 10 different operators. There is significant potential for growth, with space for 1,308 additional wells to be drilled in these core areas, and all drilling costs will be borne by the operator, not the royalty owner.

The investment’s income is tied to commodity prices, the number of producing wells, and the production rate of each well. Vaquero’s assets are strategically located in prolific regions like the Permian Basin and the Haynesville Shale, where drilling activity is high. The company’s portfolio includes assets in the Midland and Delaware Basins of the Permian, as well as the Angelina asset in the Haynesville Shale. These areas are operated by major companies like Chevron, Exxon, Diamondback, and ConocoPhillips, which brings experience and scale to the operations. Investors benefit from these additional wells being drilled because they receive a portion of the revenue, known as a royalty, without incurring any operational costs.