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.

Branden Kennedy


Branden Kennedy has served as Chief Financial Officer forBounty Minerals and Bounty LLC since June 2022. Mr. Kennedy brings years of experience in the energy sector, having been a part of both private and public energy investments throughout the upstream and midstream segments of oil and gas. Prior to joining Bounty LLC, he served as Chief Financial Officer for Venado Oil & Gas from 2018 to 2022, where he was responsible for accounting, finance, marketing, business development and human resources. He also previously served as Vice President of CapitalMarkets/Finance at Laredo Petroleum from 2008 to 2018. While with Laredo Petroleum, Mr. Kennedy led various responsibilities for the company, including: Investor Relations, Capital Markets, Corporate Finance, Risk Management and Treasury. Mr. Kennedy has also served on the Board of Directors for Venado Oil & Gas and Medallion Midstream LLC, a private midstream organization. Additionally, Mr. Kennedy previously served on the Energy Business Advisory Board for the University of Tulsa. Mr. Kennedy has Bachelor of Sciences and Master of Business Administration degrees at Oklahoma State University, and also holds a Master of Energy Business degree from the University of Tulsa.

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.