Williston & Permian Basin Non-Op Acquisition Strategy WRP VII, launched in September 1, 2023, and closed to new investors on August 31, 2025, is a total return income and growth fund aggregating a diversified portfolio of minority equity (non-operating) working and mineral interests in the heart of the Bakken Shale located in North Dakota and the core of the Delaware and Midland Basins, the two primary sub-basins of the Permian Basin of West Texas and Southeastern New Mexico. The Fund now owns varying interests in over 122 wells operated by leading energy companies, including Chevron, ConocoPhillips, Devon, Chord Energy, and Silver Hill Energy Partners. The Fund is currently making quarterly distributions of 10% annualized from its operating income and reinvesting the balance in additional assets that are being aggregated for potential sale.