Pony Oil Acquires 3,622 Net Royalty Acres in the Midland Basin in 1H2019

DALLAS, Texas – (July 30, 2019) – Using a proprietary in-house acquisition engine, Texas-based Pony Oil, LLC (“Pony Oil”) acquired a total of 6,455 Net Royalty Acres across 162,000 gross acres in the first 6 months of 2019. 3,622 Net Royalty Acres, or 56%, of Pony...