JCDS client Legacy Reserves (NASDAQ: LGCY) recently acquired oil and gas properties from WPX Energy (NYSE: WPX) for $360,000,000 and JCDS client Pantera Energy recently purchased producing $NATGAS properties from British Petroleum (NYSE: BP) for $390,000,000.
Pantera Energy alone has 3500 mineral interest owners to pay every month.
Who knows how many royalty interest owners Legacy Reserves has, but they started processing royalties twice a month for 2014.
JCDS client Crude Energy Just had the Crude Red Wolf #1 go into production last month.
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