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MCS - Presta Petroleum Highlights - January 29, 2020
Industry veteran Jonny Brumley recently formed Presta Petroleum and Presta Royalty to acquire stakes in oil and gas projects in Texas, Oklahoma and New Mexico. Based in Fort Worth, Texas, Presta has already picked up stakes in multiple prolific oil projects, with royalties generating 65% of cash flow. The company also has a strong mineral position in Oklahoma in areas with operators including Continental Resources, Ovintiv and Casillas Petroleum. These assets are focused on......
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