Mesa Minerals IV is launching to acquire mineral and royalty interests in the Haynesville (pictured), the Permian Basin and other oily plays. (Source: Oil & Gas Investor)
SHREVEPORT, La.—After Mesa Minerals III built a portfolio of Haynesville and Permian assets, the Mesa franchise is at it again.
Mesa Minerals IV is launching to acquire mineral and royalty interests in the Haynesville, the Permian Basin and other plays, Mesa President and CEO Darin Zanovich said at Hart Energy’s 2025 DUG Gas Conference & Expo in Shreveport, Louisiana.
Mesa Minerals IV is backed by an equity commitment from NGP’s latest royalty fund, he said.
Mesa IV is interested in other crude oil plays outside of the Permian Basin, where asking prices are high for oil-weighted assets.
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NGP-backed Mesa III’s portfolio included around 6,000 net royalty acres (NRAs) in the Permian and 16,000 NRAs in the Haynesville, Zanovich said.
Zanovich said Mesa III has been tabled for the time being. NGP will approach the market for a sale of Mesa III’s portfolio in the future, he said.
The Mesa franchise has had a long history in the gassy Haynesville play. Both Mesa I and II built up Haynesville mineral positions and exited through separate transactions with Franco-Nevada Corp.
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