Tim Kotzman begins acquiring Oil & Gas leases in the Appalachian Basin, assisting in several phases of land work including: Lease & Mineral Acquisition, Right of Way Acquisition, Due Diligence, and Project Management.
Potomac Mineral Group, 1836 Royalty Partners and Austin Royalty Partners are formed to organically source minerals and royalties in the Appalachian, Permian and Eagleford basins. These teams of over 70 employees and contractors complete the acquisition of approximatley $150MM of assets in several shale basins.
Jubilee Royalty, a mineral management and acquisition firm, is incorporated and based in Manhattan.
Jubilee Fund I is formed as a private equity fund to acquire minerals and royalties.
Jubilee’s first private placement offering, Jubilee Fund I, is oversubscribed and closed.
Jubilee Royalty II has been formed as a 506(c)3 offering, targeting opportunistic mineral acquisitions.