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Classified in: Mining industry, Oil industry, Business
Subject: DSC

Phoenix Capital Group Develops Proprietary Technology to Identify Mineral Rights Acquisition Opportunities


By developing custom and proprietary software in-house, Phoenix Capital Group can identify and capitalize on mineral rights acquisition opportunities before their competition.

IRVINE, Calif., Sept. 14, 2022 /PRNewswire-PRWeb/ -- In a few short years, Phoenix Capital Group has been able to carve out a successful niche in the mineral rights industry by owning the assets they invest in rather than becoming speculators on oil and gas resources.

The company has done this through strategic acquisitions, accurate mineral land valuing, and their investment arm. In addition to these pillars of the company, there is another team that has set the company apart from others in the marketplace ? the software development team.

As a mineral rights acquisition investment company, it may be surprising that Phoenix Capital Group has created a department solely dedicated to software development, but that's precisely what they have done. The company employs three developers who are continuously building and maintaining new products that serve as artificial intelligence tools for the company.

The software helps to forecast every oil and gas well in the company's area of interest, which stretches from the North Dakota-Canada border to the Texas-Mexico border.

By creating and utilizing this proprietary software, Phoenix Capital Group can more accurately identify mineral rights acquisition opportunities.

Matt Willer, Phoenix Capital Group's VP of Capital Markets, believes strongly in limiting risks wherever possible, and the company's proprietary software helps it do that.

"We cannot control pandemics, supply-demand economics, interest rates, or government/political initiatives. However, the good news is no one else can either," Willer said. "I am a believer that you focus on what you can control. Therefore, you are much more likely to overcome the most significant risks by dedicating yourself to securing the most accurate data."

Due to this impressive and proprietary software, the sky is the limit for Phoenix Capital Group going forward.

"I believe we can achieve 5-10% of total market share in the next three years," says Curtis Allen, Phoenix Capital Group's Chief Financial Officer. "If we capitalize fully and continue to execute our plan, we can become a well-known name in the space with sights aimed at becoming the single-largest mineral acquisition company in less than a decade."

About Phoenix Capital Group:
Founded in 2019, Phoenix Capital Group Holdings, LLC is a leading oil and gas mineral rights acquisition and non-operated working interest enterprise headquartered in Denver, Colorado. The family-owned company is a technology-led and client-centric focused organization dedicated to developing partnerships with its clients through property acquisitions and investment opportunities. Consisting of a team of experienced professionals with expertise in software development, engineering, and finance, Phoenix Capital Group boasts over 60 years of combined experience in the energy sector with a focus on capital deployment and asset management.

Media Contact

Brynn Ferrari, Phoenix Capital Group Holdings, LLC, (213) 316-8720, [email protected]

 

SOURCE Phoenix Capital Group Holdings, LLC


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