Royalty Fund II

Rising Phoenix Royalty Fund II, LP was built to generate long-term cash flow through a diversified portfolio of mineral and royalty interests across key U.S. basins. Early in the fund’s life, much of its high-volume production occurred during the COVID-19 pandemic—a period marked by unprecedented, ultra-low commodity prices. As a result, early revenue was significantly compressed, extending the overall payout timeline for investors.
Despite these challenges, the fund has remained cash flow positive and is on track to return 100% of invested capital. The portfolio includes:

• A cornerstone Chevron-operated asset in Weld County, CO (core of the DJ Basin)
  
• Barnett Shale minerals in Johnson & Tarrant Counties, TX
  
• Acreage in the Anadarko Basin (Oklahoma)
  
• Permian Basin exposure in Howard County, TX
  

While this fund represents one of the slower-returning vehicles in the Rising Phoenix portfolio, we remain focused on long-term value creation through steady cash flow and continued development potential.