Admiral Permian Resources

Admiral Permian Resources is a privately held exploration and production company focused on acquiring and developing high-quality oil and gas assets in the Permian Basin.

Founded in 2017 and headquartered in Midland, Texas, Admiral operates primarily in the Delaware Basin, Midland Basin, and Central Basin Platform. The company employs advanced technologies to identify and develop oil-rich properties, supported by an experienced management team. Admiral has raised approximately $600 million in funding from notable investors, including Ares Management and Riverstone Holdings. As of March 2022, the company has a net acquired leasehold of 21,430 acres and produces around 7,000 barrels of oil and 100 million cubic feet of gas per day. Admiral's strategic vision focuses on maximizing value through responsible acquisition and development of long-life inventory in the Permian Basin, aiming to deliver strong returns to its stakeholders.