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Case Studies

Pitchfork Land & Cattle Co.

Real Estate

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  • Pri­vate ranch with over 23,000 acres in Lea Coun­ty, New Mexico
  • Pre­dom­i­nant­ly oil­field sup­port functions
  • Pri­mar­i­ly frac water sup­ply (from on and off ranch), stor­age, recy­cling, and disposal
  • Also, field oper­a­tions yards, caliche well­site sup­ply, lodg­ing, etc.
  • Advised ranch as it con­sid­ered expand­ed water joint ven­tures and a sale


  • Con­tact­ed over 300 poten­tial buyers
  • Finan­cial investors, water com­pa­nies, oil com­pa­nies, inter­na­tion­al groups, oil­field ser­vice com­pa­nies, and mid­stream companies
  • Sold to Con­cho Resources for $82 MM

Con­cho was pleased with the oppor­tu­ni­ty to make this acqui­si­tion in sup­port of our region­al oper­a­tions. Chi­ron was trans­par­ent and effi­cient.” — Con­cho Resources

Pitchfork logo

The Challenge

Private ranch with over 23,000 acres in Lea County, New Mexico.

The Chiron Solution

Advised ranch as it considered expanded water joint ventures and a sale.

The Result

Sold to Concho Resources for $82 MM.

Meet Our Author

Bio photo scott johnson

Scott John­son

Founder | Managing Director

Mr. Johnson is a founder of Chiron Financial and has over 30 years of experience in investment banking.

Is your com­pa­ny per­form­ing like it should?