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US: Kimbell Royalty Partners announces $143.1 million Midland Basin mineral and royalty acquisition

Kimbell Royalty Partners, a leading owner of oil and gas mineral and royalty interests in approx. 16 million gross acres in 28 states, has agreed to acquire mineral and royalty interests from MB Minerals, a subsidiary of Sabalo Holdings, (a portfolio company of EnCap Investments), in a cash and unit transaction valued at approx. $143.1 million. ....

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Kimbell Royalty Partners acquire Midland basin assets for $143 million

Kimbell Royalty Partners to acquire mineral and royalty interests from MB Minerals in $143.1M cash and unit deal. The acquisition is expected to close in Q2 2023, with asset highlights including over 300 total producing wells and a significant development activity across acreage providing line of sight to substantial near-term production. ....

United States , Mb Minerals , Kimbell Royalty Operating , Sabalo Holdings , Kimbell Royalty Partners , Howard County , Royalty Acres , Northern Midland , Net Revenue , Overriding Royalty , Midland Basin ,

Kimbell Royalty Partners acquire Midland basin assets for $143 million

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices. ....

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