The company has acquired mineral interests, overriding royalty interests and non-operated working interests in the oil and gas assets comprised of over 30,000 gross acres.
The acquisition includes production from the Eagle Ford Shale, Austin Chalk, Wolfcamp, Woodbine and Deep Bossier formations.
These assets are operated by companies including EnCana Oil & Gas, Chesapeake Energy, Newfield Exploration, CML Exploration and Petromax Operating.
Circle Star said revenue from the properties averaged more than $125,000 per month from January to May 2011.
