About Desert Royalty
Desert Royalty Company specializes in the acquisition of mineral interests in known producing basins or prospective areas.
The principle offices of Desert Royalty Company are located at Suite 2000 of the Bank of America Building in downtown Midland, Texas. The company operated as Permian Basin Acquisition Fund from 1990 until 2013 before changing its name to Desert Royalty Company on January 1, 2014. The name was changed to identify more closely with the partnerships that we have sponsored since 2001 known as Desert Partners LP I, II, III, IV and V.
To date these partnerships have been funded in the amount of $235,000,000 from limited partner and general partner capital contributions. Our investments are funded 100% from cash. The company does not use debt or private equity financing. Desert Royalty Company and our partnerships are engaged solely in the acquisition of producing and nonproducing minerals and royalties for
long-term investment purposes.