Description of Companies

Presta Petroleum LLC concentrates on owning, developing, and acquiring long-life non-operated working interests in Texas, Oklahoma, and North Dakota. Presta Petroleum has recently participated in horizontal drill wells in Loving County, TX, Upton County, TX, McKenzie County, ND, and Custer County, OK.

Presta Royalty LLC is focused on building a portfolio of mineral interests and royalties in Texas, Oklahoma, and North Dakota. Since its formation Presta Royalty has been one of the most active acquirors in Texas and Oklahoma. Along with a robust unconventional mineral position in the  Perminan Basin, the Anadarko Basin, and the Arkoma Basin, Presta Royalty owns royalty interests in some of the largest tertiary recovery projects in the lower 48, including the Yates Field, the SACROC Unit, and the Hawkins Unit.

In 2022, Presta ELSR LP purchased the partnership units of ELSR, LP. This partnership is a historic company founded in the early 1950s, that focused on purchasing minerals in Texas, North Dakota, and Oklahoma.