TREX Oil & Gas Announces Oil and Gas Vehicle to Acquire Strategic Core Assets in the Bakken Region
TREX Oil and Gas today announced the formal launch of a new oil and gas acquisition vehicle, marking a strategic evolution for the firm as it opens its private investment platform beyond traditional internal family-office allocations.
SHERIDAN, WY, May 22, 2026 /24-7PressRelease/ — TREX Oil and Gas today announced the formal launch of a new oil and gas acquisition vehicle, marking a strategic evolution for the firm as it opens its private investment platform beyond traditional internal family-office allocations. Engineered to capitalize on highly insulated, high-margin upstream energy assets, the fund will target strategic mineral rights, net non-participating royalty interests (NPRIs), leases, and producing wellbores across the premier acreage blocks of the Bakken formation in North Dakota and Montana.
The launch occurs during a period of opportunity in the Williston Basin. Rig counts and drilling activity have found a stable base, supported by a constructive macroeconomic price environment that continues to incentivize operators to execute aggressive infill development and completion schedules in the months ahead.
While this macro backdrop has driven intense competitive interest toward the basin, TREX is deployed with a highly disciplined, data-driven underwriting framework designed to protect investor capital while maximizing yield velocity over a longer fixed, contractual set-term.
“The current pricing environment is one where we start to see some froth on the acquisition side; we will continue to be strategic in how we build relationships, model, and execute on the acquisition side of our business,” said Gavin Spencer, Co-Founder and Head of Acquisitions.
Spencer further highlighted the structural arbitrage the firm is capturing through changing liquidity dynamics in the energy finance sector. “The market is also ramping up the liquidity of assets in the space, and distress at the margin, namely among private credit funds, is creating unique opportunities that we can splice off and put in our long-term portfolio.”
By securing long-term real property interests, including physical wellbore paths, executed deeds, and direct royalty covenants, TREX Oil and Gas I underlines the firm’s core conviction that oil and gas assets will firmly remain the lifeblood of the modern global economy into the 2030s and the foreseeable future. At a time when institutional market sentiment remains heavily concentrated on intangible AI upside and tech-sector valuations, TREX is committed to a high-signal, low-noise investment strategy rooted in tangible infrastructure, unencumbered cash-on-cash yield, and rock-solid subsurface asset ownership.
About TREX Oil and Gas I, LLC
TREX Oil and Gas I, LLC is a specialized energy investment vehicle focused on the acquisition and optimization of non-operated upstream oil and gas assets, leases, mineral acreage, and royalty interests within the Williston Basin. Utilizing advanced geomechanical lifecycle modeling and strict valuation discipline, TREX partners with private investors to deliver de-risked, premium yield profiles over fixed, structured holding periods.
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