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. Click here to watch a video of this episode. Join the conversation shaping the future of energy. Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward. Apply today at collide.io 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 https://twitter.com/collide_io https://www.tiktok.com/@collide.io https://www.facebook.com/collide.io https://www.instagram.com/collide.io https://www.youtube.com/@collide_io https://bsky.app/profile/digitalwildcatters.bsky.social https://www.linkedin.com/company/collide-digital-wildcatters Stephens’ Investment Banking Department personnel participated in this podcast solely for informational purposes. It is not a solicitation of any retail customer, it is not a solicitation, recommendation or offer to buy or sell any security and it does not provide information on which an investment decision to purchase or sell any securities could be based. It does not purport to be a complete description of the securities, markets or developments referred to in this podcast. Stephens has not independently verified any information discussed in this podcast and does not guarantee that it is accurate or complete. 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 by law, neither Stephens nor any other person accepts any liability whatsoever for any direct, or indirect or consequential loss or damage arising from any use of the information discussed in this podcast. No subsequent publication or distribution of this podcast shall mean or imply that any such information remains current at any time after the date the podcast was recorded. Stephens does not undertake to advise you of any changes 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 or short 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 or provided other investment banking services involving any of such securities. The views and opinions expressed in this podcast are those of the speaker, or the person(s) to whom such view or opinion is attributed, and do not necessarily reflect the opinions of Stephens or any other person or entity. Any expressions of opinion or forward-looking statements included in this podcast are based on information available on the date the podcast was recorded, speak only as of such date and are subject to change without notice. No assurance can be given that any of such opinions or statements 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 such advice. “Stephens” (the company brand name) is a leading family-owned investment firm that includes Stephens Inc. (member NYSE/SIPC), Stephens Investment Management Group, LLC, Stephens Insurance, LLC, Stephens Capital Partners LLC and Stephens Europe Limited (Registered office: 12 Arthur Street, London, EC4R 9AB, Registered number 8817024), which is authorised and regulated by the Financial Conduct Authority. © 2025 Stephens
