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. Digital Wildcatters brings the energy community together through events, cutting-edge content, and powerful tools. Join our online community at collide.io. Engage with experts, level up your career, and ask Collide AI your toughest technical questions. Click here to watch a video of this episode. Click here to view the episode transcript. 00:00 - Intro00:52 - Raising Money from Family Offices06:26 - FIRPTA Explained08:26 - Continuation Vehicles Overview19:08 - MAP Royalty Insights21:54 - Continuation Vehicle vs Going Public25:50 - Continuation Vehicle Process Explained28:30 - Family Office VDR Process31:08 - Timeline for Continuation Vehicles36:05 - Criteria for Mercury Call41:00 - Family Office Equity Strategies45:58 - A&D Market Trends49:10 - Scott Sheffield's Ranch Overview49:44 - Outrohttps://www.instagram.com/digitalwildcattershttps://www.tiktok.com/@digitalwildcattershttps://www.facebook.com/digitalwildcattershttps://www.linkedin.com/company/digitalwildcattershttps://twitter.com/DWildcattershttps://www.youtube.com/@DigitalWildcatters Stephens’ Investment Banking Department personnel participated in this podcast solelyfor informational purposes. It is not a solicitation of any retail customer, it is not asolicitation, recommendation or offer to buy or sell any security and it does not provideinformation on which an investment decision to purchase or sell any securities could bebased. It does not purport to be a complete description of the securities, markets ordevelopments referred to in this podcast. Stephens has not independently verified anyinformation discussed in this podcast and does not guarantee that it is accurate orcomplete. No representation or warranty, express or implied, is made as to the accuracy,completeness, or correctness of any such information. To the full extent permitted bylaw, neither Stephens nor any other person accepts any liability whatsoever for anydirect, or indirect or consequential loss or damage arising from any use of theinformation discussed in this podcast. No subsequent publication or distribution of thispodcast shall mean or imply that any such information remains current at any time afterthe date the podcast was recorded. Stephens does not undertake to advise you of anychanges in any such information. Additional information is available upon request.Please assume that Stephens or its employees or affiliates at any time may hold long orshort positions in any of the securities mentioned, may sell or buy any such securities,may make a market in any such securities and may have conducted underwritings orprovided other investment banking services involving any of such securities.The views and opinions expressed in this podcast are those of the speaker, or theperson(s) to whom such view or opinion is attributed, and do not necessarily reflect theopinions of Stephens or any other person or entity. Any expressions of opinion orforward-looking statements included in this podcast are based on information availableon the date the podcast was recorded, speak only as of such date and are subject tochange without notice. No assurance can be given that any of such opinions orstatements will prove correct.Nothing in this podcast should be viewed as accounting, tax, regulatory or legal advice;please contact your professional accounting, tax, regulatory or legal advisors for suchadvice.“Stephens” (the company brand name) is a leading family-owned investment firm thatincludes Stephens Inc. (member NYSE/SIPC), Stephens Investment ManagementGroup, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and StephensEurope Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registerednumber 8817024), which is authorised and regulated by the Financial Conduct Authority.© 2025 Stephens
