Targeted Acquisitions in Premier Oil and Gas Regions Across the United States. Spicewood Mineral Partners (“SMP”) was founded to deliver attractive, unlevered yield in a risk-mitigated manner to our partners. We are a investment and technology firm focused on focused on acquisition, aggregation and management of Minerals & Royalties within the top tier US basins, where we have downside protection from the lowest break-even drilling cost, deep inventory potential and highest quality resource potential. Spicewood spun out of Miller Bebee Partners, LLC (“MBP/MBP Energy”), a multi-family office that started in 2017.