# Avant Natural Resources

> Avant Natural Resources is a Denver energy firm built on a simple, repeatable idea: quietly assemble scattered oil-and-gas acreage in the Permian Basin, drill it into a real operating business, and sell at the right moment. Founded in 2019 by Jacob Nagy and Skyler Gary, the firm sold a Midland royalty package to Brigham for $132 million in 2022, then sold its operated Delaware Basin position to Coterra Energy in a $1.45 billion cash deal in early 2025. In July 2026 it closed an oversubscribed Fund II with more than $1 billion in commitments to do it again.

- **Founded:** 2019
- **Headquarters:** Denver, United States
- **Founders:** Jacob Nagy (Founder & Co-CEO), Skyler Gary (Founder & Co-CEO)
- **Team size:** ~40+ energy professionals (company describes itself as 20+ energy experts; profile data lists 43 employees)
- **Products:** Operated upstream development, Minerals & royalties, Water & midstream infrastructure, Avant Fund II
- **Notable:** Sold operated Delaware Basin assets to Coterra Energy for $1.45 billion (part of a $3.95B deal), closed early 2025, Sold a Midland Basin minerals-and-royalty package to Brigham for $132 million in 2022, Closed an oversubscribed Fund II at hard cap with more than $1 billion in commitments (July 2026)

## Products & services

- **Operated upstream development** — Acquiring scattered working-interest acreage in the Delaware Basin, consolidating it into multi-well drilling units, and operating horizontal drilling programs.
- **Minerals & royalties** — Aggregating mineral rights and royalty interests across the Permian, held and monetized opportunistically - including a Midland Basin package sold to Brigham in 2022.
- **Water & midstream infrastructure** — Water gathering and recycling systems plus natural gas infrastructure built to support upstream operations, developed alongside the drilling programs.
- **Avant Fund II** — An oversubscribed private fund with $1B+ in commitments to aggregate and develop upstream assets and infrastructure in the Permian Basin.

## Achievements

- Sold operated Delaware Basin assets to Coterra Energy for $1.45 billion (part of a $3.95B deal), closed early 2025
- Sold a Midland Basin minerals-and-royalty package to Brigham for $132 million in 2022
- Closed an oversubscribed Fund II at hard cap with more than $1 billion in commitments (July 2026)
- Compressed a five-year, 4,000-acre development plan into roughly 17,000 acres in two years
- Drilled 20+ Avant-operated horizontal wells and built water and gas infrastructure from scratch
- Co-founder Jacob Nagy named to Oil & Gas Investor's Forty Under 40 (2018)

## Latest updates

- **2026-07** — Closed oversubscribed Fund II at hard cap with more than $1 billion in commitments, welcoming pensions, foundations, and new institutional investors alongside legacy partners.
- **2025-01** — Completed the $1.45 billion all-cash sale of its operated Delaware Basin upstream and infrastructure assets to Coterra Energy.
- **2024** — Featured at EnerCom Denver, the energy investment conference, discussing its Permian aggregation strategy.

## Links

- Website: https://avantnr.com
- LinkedIn: https://www.linkedin.com/company/avant-natural-resources

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Profile page: https://yespress.io/avant-natural-resources
Published by YesPress — https://yespress.io
Last updated: 2026-08-15