Mesa Minerals Partners II LLC has launched with new financial backer NGP, the Houston-based mineral and royalty acquisition company said in a May 26 release. 

Mesa II’s predecessor, a Quantum Energy Partners portfolio company, sold its Haynesville Shale-focused royalty portfolio for $135 million late last year to Franco-Nevada. The royalty portfolio in East Texas was assembled in partnership with upstream operator Rockcliff Energy II LLC. 

The company is led by President and CEO Darin Zanovich, a former executive of Haymaker Minerals & Royalties LLC, a Kayne Anderson and KKR-backed mineral entity which owned interests in more than 35,000 wells and over 5 million gross acres before exiting to Kimbell Royalty Partners in 2018 for $445 million.

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