Noble Royalties Closes Out 2007 With a $52mm Acquisition, Bringing the 07 Total to $155 Million.

ADDISON, Texas, Feb. 4 /PRNewswire/ -- Noble Royalties, Inc. today reported a $52 Million acquisition during December to cap off 2007 as the second largest year in the firms history. The company has also reported a January acquisition of $25 Million to start the New Year. With over $800 Million under management to date, the company plans on passing the Billion dollar mark during 2008.

"Private royalty owners are taking advantage of the current pricing environment, and we have met that demand with a flexible, aggressive and transparent acquisition model capable of closing on packages that vary in size."

Noble has recently increased the size of their acquisition team to a 21 person professional staff to keep up with the large surge in deal activity. "Expanding our team has allowed us to provide more product to our new institutional investors without compromising the quality of our offerings," said Mr. Noble.

Since its founding by Scott Noble in 1997, Noble Royalties, Inc. has been committed to becoming the Nation's leading private oil and gas royalty acquisition company. Without drilling or operating oil and gas wells, Noble has acquired more than $800 million in oil and gas royalties with more than 109,000 interests in 30 states, the Gulf of Mexico and the Pacific Offshore.