Recent Activity

We stay busy and love a challenge.
Check out some of our recent notable moves below.

Slant Energy

January 2022

Acquired the Conger field from Slant Energy in Reagan, Glasscock and Sterling Counties. The field is a recent consolidation of legacy Waggoner Brown and Chevron assets. The move extends Burk’s area of interest Southeast of the Central Basin platform to the Midland Basin and the establishment of a new basin focused asset team.

Walsh Petroleum

October 2021

Acquired Walsh Petroleum’s Yoakum County San Andres assets. Burk first partnered with WPI to purchase the West Brahaney WFU in 1999. Burk has been active alongside WPI in its horizontal San Andres department since 2013. The consolidation of these assets and field staff to Burk’s operatorship was a long-planned and necessary step to grow its Northwest Shelf team and footprint.

Delta Oil & Gas​

July 2021

Acquired the SNESAU San Andres WFU and various properties in Gaines and Yoakum counties from Delta CO2. The move bolsters Burk’s position in conventional oil assets along the Central Basin Platform.

Legacy Reserves

April 2021

Acquired operated and non-operated assets in Freestone, Cherokee, Houston & Nacogdoches County from Legacy Reserves. The move strengthens Burk Royalty’s gas position and operation in East Texas adding over 100 vertical Cotton Valley, Bossier, Rodessa, and Travis Peak producing wells.

Stakeholder Midstream

September 2020

Divested select oil & gas gathering infrastructure in Yoakum County to Stakeholder Midstream. Burk and its partner, Walsh Petroleum, built the system in 2016 & 2017 as part of its broader horizontal San Andres development program.

Pacesetter Energy Acquisitions

July 2020

Acquired various operated properties from Pacesetter Energy in Andrews County. The properties include Devonian SWDs, horizontal San Andres wells, and various vertical San Andres and Yates producers. The acquisition is part of Burk’s broader strategy to strengthen its operation in conventional oil assets in the Central Basin Platform.

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