Company Case Studies

Bob Sample & Associates has worked virtually exclusively for Double Eagle, and its affiliates, since 2014, one of the most successful private companies in the industry during that time. BSA assisted Double Eagle in its effort to build large, contiguous, and highly marketable acreage positions in some of the most fractured and impenetrable titles in the core Midland Basin, from inception to completion.

In April of 2017, Double Eagle successfully executed a $2.8 billion sale to Parsley.
Of late, BSA’s role as lead broker for DoublePoint Energy, LLC led to the successful assembly of over 95,000 +/- primarily contiguous acres in the core Midland Basin resulting in a May of 2021 sales transaction with Pioneer Natural Resources valued at $6.4 billion.

Throughout this period, Double Eagle has been second to none in terms of both success and volume of transactions in its effort to create unparalleled value. Most notably, BSA was relied upon and trusted by DoublePoint Energy to assist their in-house team with the due diligence of nearly every acquisition and trade. Notwithstanding traditional mineral and leasehold ownership, drillsite title and curative tasks, other crucial roles included BSA reviewing the source of title for every acquisition to determine critical wells on a lease basis across the entire asset in order to identify and track notice and reassignment provisions as well as reverter or lease/assignment termination as a consequence of obligations stated in unrecorded agreements in addition to those stated in record title.

In this industry, you learn predominantly through volume. BSA has seen more volume, working in this capacity, than all of our competition.

Bob Sample & Associates has built a strong reputation working for Devon, and some of its predecessors by merger, including the “Pioneer of Horizontal Drilling” George Mitchell of Mitchell Energy in a run that has lasted for more than 15 years. BSA helped Mitchell, and subsequently Devon, assemble the largest position in the Barnett Shale through aggressive leasing and acquisition campaigns. Throughout the years, BSA has been contracted to work the Barnett Shale, East Texas, South Texas, Midland Basin, Delaware Basin, Central Basin Platform, Panhandle, among other wildcat pursuits for Devon.

MCM is a privately held oil and gas company located in the heart of the Permian Basin in Midland, Texas. MCM engages in the exploration, acquisition, development and production of domestic oil and gas properties with a primary focus on the Permian Basin. MCM and its principals have successfully grown into leaders in the oil and gas industry since the company’s formation in 2009, with multiple transactions exceeding well over $100M collectively.

Founded on ethics and investment discipline in 1998 between a small group of Fort Worth-based investors, Kimbell Royalty Partners, LP has grown from a single investment in the Permian Basin to one of the largest owners of minerals and royalties nationwide. Kimbell’s portfolio includes over 13 million gross acres in 28 states and in every major onshore basin in the continental United States, including ownership in more than 97,000 gross wells with over 41,000 wells in the Permian Basin. Kimbell became a publicly-traded company in February 2017, trading on the NYSE under the ticker symbol KRP.

Foreland has assembled and developed significant positions in the Southern Midland Basin within the Permian Basin region of West Texas.

Flatland Minerals is a long-term holder and end buyer of minerals and royalties funded by private investors. Flatland acquires properties from $5,000.00 to $50 million and are open to purchasing all, or just a portion, or producing or non-producing minerals. Flatland invests in the following areas: Permian Basin, Stack/Coop, Hanesville and DJ Basin.

In 2015, Bob Sample & Associates was contracted by Regions to help acquire and build a position in the core Midland Basin, which led to a sale to Parsley Energy. In a subsequent effort, Regions contracted BSA to do the same which led to a sale to a Denver-Based Private E&P in 2019.

Over the years, Bob Sample & Associates has helped assemble drillable acreage positions through both leasehold acquisition and leasing campaigns in North Texas, the Permian Basin, and the Panhandle. BSA continues to work around Silver Creek’s drill schedule to assist in the development of its assets.