In April of 2012, Jon Brumley created Bounty Minerals, LLC, a minerals acquisition partnership headquartered in Fort Worth, Texas. The partnership acquires minerals exclusively in Appalachia. To date, Bounty Minerals has purchased approximately 65,000 net mineral acres in West Virginia, Pennsylvania and Ohio.

Bounty Minerals buys oil and gas mineral interests in Appalachia. Our approach is simple. We use economic models to calculate fair values for both buyer and seller. People choose to sell to Bounty Minerals because we are one of the top mineral buyers in the basin.

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Leadership Team

Jon Brumley


I. Jon Brumley has served as the Executive Chairman of Bounty Minerals since its formation in June 2022 and as the Chief Executive Officer of Bounty LLC since its formation. Mr. Brumley began his energy career with Southland Royalty Company (“Southland”), becoming its President in1974. Leaving in 1985 after Southland sold to Burlington Northern Railroad, Mr. Brumley co-founded Cross Timbers Oil Company (later to become XTO Energy) in 1986. Leaving in 1996, and until 1998, Mr. Brumley was the Chairman and Chief Executive Officer of Mesa Petroleum until it merged with Parker Parsley to form Pioneer Natural Resources. In 1998, Mr. Brumley co-founded Encore Acquisition Company, selling in 2010 to Denbury Inc. Mr. Brumley has been a key part of listing seven companies on the NYSE and a founder in all but two. Mr. Brumley earned his BBA in Business Administration at the University of Texas in Austin, and his MBA from the Wharton School of the University of Pennsylvania.

Mr. Brumley has served on various boards and committees, including Texas Heart Institute, and currently serves on MD Anderson’s Board of Visitors and the Fort Worth Stock Show and Rodeo Board as an Executive Committee Member. Mr. Brumley is well qualified to serve on our board of directors due to his knowledge of the industry and leadership of our company since its inception.

Tracie Palmer


Tracie Palmer has served as our Chief Executive Officer and President since the formation of Bounty Minerals in June 2022 and has served as Bounty LLC’s President since December of 2019. Ms. Palmer started with Bounty LLC in May of 2013 as Vice President of Land before being appointed Executive Vice President of Operations in January of 2019. During Ms. Palmer’s tenure at Bounty LLC, under the tutelage of I. Jon Brumley, she has been responsible for various duties within the organization including business development, acquisitions, lease negotiations, asset management, legal, title and regulatory analysis, investor relations, human resources and corporate strategy. Ms. Palmer has 19 years of industry experience, beginning with Encore Energy Partners in 2003, and 12 years of public company experience including both Encore Operating Company and Vanguard Natural Resources after their merger with Encore in December of 2011. Ms. Palmer received her Professional Land Management Certification from Texas Christian University Energy Institute and graduated from the University of Texas at Arlington with a Bachelors of Business Administration.

Kathy Van Zandt


Kathy Van Zandt has served as our Chief Financial Officer since September 2022. She started with Bounty LLC in October 2015 as Accounting Manager before being appointed Director of Accounting in April 2017.  She previously served as Accounting Manager at Athlon Energy. During her tenure at Bounty, she has been highly involved in corporate strategy and has been responsible for various duties within the organization including internal and external financial reporting.  Ms. Van Zandt has 17 years of industry experience, beginning with Encore Acquisition Company in 2005, and 10 years of public company experience including both Encore Acquisition Company and Athlon Energy.  Ms. Van Zandt graduated from Texas Christian University with a Bachelor of Business Administration in Accounting and Finance from the Neeley School of Business and earned a Master of Business Administration from The University of Texas at Arlington.  She is a certified public accountant in the state of Texas.

Actively Evaluating Minerals in the Following Areas in Southwest Appalachia


Belmont and Monroe

West Virginia

Brooke, Doddridge, Harrison, Marion, Marshall, Monongalia, Ohio, Tyler and Wetzel


Greene and Washington

Contact Us

If you are interested in selling your mineral interests or would like to learn more about Bounty Minerals, we would love to hear from you. Please contact us directly using the form below.

Bounty Minerals:

777 Main Street, Suite 3400
Fort Worth, Texas 76102

Phone: (817) 332-2700

Voluntary Information:  Thank you for considering Bounty Minerals. When you voluntarily submit your information, such as when you fill out the “Contact Us” form or send or respond to a follow-up email, we use that information to help provide responses to your inquiries and evaluate options for your mineral rights. Please do not provide any information you consider personal or sensitive in nature through this website or in an email. Your submission of property information through our website does not constitute an offer to sell your mineral rights and Bounty Minerals’ response to your inquiry does not constitute an offer to purchase or manage your minerals.