Company Profile: Live Oak Resource Partners, LLC

Background

Overview

Live Oak Resource Partners, LLC is a privately held firm based in Houston, Texas, specializing in the acquisition of oil and natural gas royalty and mineral interests, as well as non-operated working interests. Established in 2017, the company focuses on building diversified portfolios in the energy sector. Since its inception, Live Oak has been financially supported by the private equity firm Trace Capital, with a notable partnership extension in December 2020 leading to the launch of Live Oak III.

Mission and Vision

Live Oak Resource Partners aims to provide liquidity for owners of oil and gas assets by acquiring producing, minimally producing, or non-producing mineral and royalty assets. The company's vision is to create value through the integration of a geographically and geologically diverse portfolio, thereby de-risking owners' concentrated economic exposure.

Industry Significance

Operating within the energy sector, Live Oak plays a crucial role in facilitating the efficient transfer and management of oil and gas assets. By focusing on royalty and mineral interests, the company contributes to the optimization of resource extraction and energy production, supporting the broader energy infrastructure.

Key Strategic Focus

Core Objectives

Diversification: Building balanced portfolios of royalties, minerals, and non-operated working interests to mitigate risk and enhance returns.

Liquidity Provision: Offering liquidity solutions to owners of oil and gas assets, including those that are producing, minimally producing, or non-producing.

Areas of Specialization

Royalty Interests: Acquiring rights to a portion of the revenue generated from oil and gas production.

Mineral Interests: Investing in the ownership of minerals beneath the surface, entitling the holder to a share of the production.

Non-Operated Working Interests: Holding a stake in the operational aspects of oil and gas projects without the responsibility of day-to-day management.

Key Technologies Utilized

While specific technological platforms are not detailed in the available information, Live Oak Resource Partners likely employs advanced geological and geophysical analysis tools to assess and acquire assets effectively.

Primary Markets and Conditions Targeted

The company primarily targets oil and gas properties in Texas, Louisiana, and Oklahoma, focusing on assets that offer diversification and potential for value creation.

Financials and Funding

Funding History

Initial Funding: Live Oak Resource Partners was established in 2017 with financial backing from Trace Capital.

Partnership Extension: In December 2020, the partnership with Trace Capital was extended with the launch of Live Oak III, indicating continued financial support and commitment to growth.

Total Funds Raised

Specific details regarding the total funds raised by Live Oak Resource Partners are not publicly disclosed.

Notable Investors

The primary investor in Live Oak Resource Partners is Trace Capital, a private equity firm that has been involved since the company's inception.

Intended Utilization of Capital

The capital raised is utilized for the acquisition of oil and natural gas assets, focusing on building diversified portfolios that include royalties, minerals, and non-operated working interests.

Pipeline Development

Specific details regarding Live Oak Resource Partners' pipeline development, including key pipeline candidates, stages of development, target conditions, and relevant timelines for anticipated milestones, are not publicly available.

Technological Platform and Innovation

Proprietary Technologies

While specific proprietary technologies are not detailed, Live Oak Resource Partners likely employs advanced geological and geophysical analysis tools to assess and acquire assets effectively.

Significant Scientific Methods

The company likely utilizes geological surveys, seismic imaging, and other geophysical methods to evaluate potential acquisitions.

AI-Driven Capabilities

There is no publicly available information indicating the use of AI-driven capabilities by Live Oak Resource Partners.

Leadership Team

Key Executives

James S. (Chip) Mahan III: Chairman and CEO of Live Oak Bancshares, Inc., the parent company of Live Oak Resource Partners.

Professional Backgrounds and Contributions

James S. (Chip) Mahan III: As Chairman and CEO, Mahan has been instrumental in leading Live Oak Bancshares, Inc., overseeing its strategic direction and growth.

Leadership Changes

Specific details regarding recent significant changes or appointments within Live Oak Resource Partners' leadership are not publicly available.

Competitor Profile

Market Insights and Dynamics

The market for oil and gas asset acquisition is characterized by fluctuating commodity prices, regulatory changes, and technological advancements. Companies like Live Oak Resource Partners must navigate these dynamics to identify and capitalize on profitable opportunities.

Competitor Analysis

While specific competitors are not identified in the available information, firms operating in the same space include other private equity firms and energy companies that acquire oil and gas assets, such as mineral rights and non-operated working interests.

Strategic Collaborations and Partnerships

Significant Collaborations

Partnership with Trace Capital: Since 2017, Live Oak Resource Partners has been financially supported by Trace Capital, a private equity firm. In December 2020, this partnership was extended with the launch of Live Oak III, indicating a continued commitment to growth and expansion.

Operational Insights

Strategic Considerations

Live Oak Resource Partners focuses on acquiring diversified oil and gas assets, which requires careful assessment of market conditions, commodity price trends, and regulatory environments. The company's partnership with Trace Capital provides financial stability and resources to pursue strategic acquisitions.

Strategic Opportunities and Future Directions

Strategic Roadmap

Live Oak Resource Partners aims to continue expanding its portfolio by acquiring additional oil and gas assets, focusing on diversification and value creation. The partnership with Trace Capital positions the company to leverage financial resources for strategic growth.

Future Business Directions

The company may explore opportunities in emerging energy markets, including renewable energy sectors, to diversify its investment portfolio and align with evolving industry trends.

Opportunities for Expansion

Live Oak Resource Partners has the potential to expand its operations into other regions with significant oil and gas reserves, leveraging its expertise in asset acquisition and management.

Current Strengths

The company's strong partnership with Trace Capital, its focus on diversification, and its expertise in asset acquisition provide a solid foundation for future growth and success.