Chuck Yates Got A Job

Keith Behrens & Brad Nelson from Stephens


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Family offices are rolling into the energy game in a big way, and Chuck sits down with a couple of guys who’ve been right in the thick of it. We’re talking old-money families, London power players, and some seriously savvy strategies, like continuation vehicles, that are flipping the script on traditional deals. Keith and Brad from Stephens Inc. break it all down: what’s drawing these investors to oil and gas (hint: it’s not just the money), why Europe’s cash is flowing stateside, and how the secondary basins are getting their glow-up. If you’ve ever wondered who’s behind the curtain in today’s biggest mineral and royalty plays, this one peels it back.

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Click here to view the episode transcript.

00:00 - Intro
00:52 - Raising Money from Family Offices
06:26 - FIRPTA Explained
08:26 - Continuation Vehicles Overview
19:08 - MAP Royalty Insights
21:54 - Continuation Vehicle vs Going Public
25:50 - Continuation Vehicle Process Explained
28:30 - Family Office VDR Process
31:08 - Timeline for Continuation Vehicles
36:05 - Criteria for Mercury Call
41:00 - Family Office Equity Strategies
45:58 - A&D Market Trends
49:10 - Scott Sheffield's Ranch Overview
49:44 - Outro

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Please assume that Stephens or its employees or affiliates at any time may hold long or
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