Wing Resources announced the formation of Wing Resources VIII and $100 million in equity commitments from NGP Royalty Partners III, according to an April 2 press release.

The formation marks NGP鈥檚 latest fund focused exclusively on acquiring mineral and royalty interests, the release stated.

Founded and led by President and CEO Nick Varel, Wing VIII builds on the firm鈥檚 mission to acquire 鈥渉igh-quality鈥� mineral and royalty interests across the Permian Basin, the company said.

Wing Resources announced the formation of Wing Resources VIII and $100 million in equity commitments from NGP Royalty Partners III, according to an April 2 press release.

The formation marks NGP’s latest fund focused exclusively on acquiring mineral and royalty interests, the release stated.

Founded and led by President and CEO Nick Varel, Wing VIII builds on the firm’s mission to acquire “high-quality” mineral and royalty interests across the Permian Basin, the company said.