Navigator Oil & Minerals, Inc. was incorporated in Texas for the purpose of prospecting for oil and gas in the Permian Basin, Kansas, Kentucky, Montana, North Dakota, and West Virginia. Navigator is owned and operated in Midland, TX, by the Blake family. The company acquires leasehold, royalty, and mineral interests in the Midland and Delaware Basins. Their main areas of interest include the northern Midland Basin (Howard, Dawson, Glasscock, and Midland Counties) and the Delaware (Reeves, Ward, Winkler, and Loving Counties). Navigator also holds interests in Powder River County, Montana. The company evaluates and models an interest based on known geologic information, success of wells in the area, operator or lessee, lease status and/or royalty, commodity prices, existing production/cash flow, and type of interest.
