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Posse Resources
Posse Resources began in 1967 when B.P. Huddleston founded Peter Paul Petroleum Co. in Houston, Texas.
Posse Resources
Posse Resources began in 1967 when B.P. Huddleston founded Peter Paul Petroleum Co. in Houston, Texas. It later rebranded as Posse Resources and has operated as a private, family-owned investment management firm focused on natural resources. The firm remains closely held under the Currie family. The firm's strategy centers on actively acquiring and managing mineral and royalty properties, plus non-operated working interests in key onshore U.S. basins. Its primary geographic focus covers Louisiana, Texas and Oklahoma. Posse Resources takes a direct ownership approach rather than investing through funds, and it does not disclose specific portfolio holdings or deal-level data. The management team is led by CEO Peter H. Currie, President Greg S. Floyd, CFO Glenda W. Dole, and Vice President Mitchell P. Currie. The firm operates from a single office in Houston. No recent team additions or fundraising events have been disclosed in the past 24 months. Posse Resources' structural differentiator is its narrow mandate — strictly non-operated working interests and mineral/royalty properties in select onshore U.S. basins. Unlike many family offices that diversify across asset classes, Posse remains tightly focused on natural resource property acquisition, avoiding both funds and operating company control.
General information
Firm type
Single Family Office
Year founded
1967
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Houston
Corporate office
Houston, TX, United States
Principals
B.P. Huddleston
Founder
Peter H. Currie
CEO
Greg S. Floyd
President
Glenda W. Dole
CFO
Mitchell P. Currie
Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at Posse Resources?
CEO Peter H. Currie leads investment decisions alongside President Greg S. Floyd and Vice President Mitchell P. Currie. The firm does not disclose an investment committee structure, but its senior management team appears to make all acquisition and management decisions (per firm website).
How does Posse Resources source proprietary deal flow?
Posse Resources does not publicly detail its sourcing methods. As a long-standing participant in U.S. onshore basins, it likely relies on industry relationships and direct negotiations with mineral and royalty owners. The firm does not operate a fund structure, so it does not market to external LPs.
What investment stages does Posse Resources typically target?
Posse Resources focuses exclusively on acquiring and managing mineral and royalty properties and non-operated working interests. It does not engage in venture, growth equity, or operating company investments. Its activity is concentrated on mature, producing assets rather than exploration or development stages (per firm website).
Is Posse Resources structured as a single family office or a multi-family office?
Posse Resources is a single family office, originally founded by B.P. Huddleston and operated by the Currie family. It does not accept outside capital and does not function as a multi-family office (per firm website).
Which sectors does Posse Resources explicitly avoid?
Posse Resources does not disclose a formal list of excluded sectors. However, its stated focus on mineral and royalty properties in onshore U.S. basins means it does not invest in technology, healthcare, financial services, or most other non-natural-resource asset classes (per firm website).
Does Posse Resources participate in fund commitments or only direct deals?
Posse Resources invests directly in mineral and royalty properties and non-operated working interests. There is no indication it commits capital to third-party funds. Its investment model is purely direct and principal-based (per firm website).
How is Posse Resources related to Peter Paul Petroleum Co.?
Posse Resources is the renamed successor of Peter Paul Petroleum Co., which was founded by B.P. Huddleston in 1967. The firm later changed its name to Posse Resources but retains the same family ownership and core natural resource focus (per firm website).
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