Brigham Minerals Makes Largest Acquisition to Date in D-J Basin

Brigham entered an agreement with an undisclosed company to acquire 8,400 net royalty acres in the D-J Basin operated by the basin’s top producers.

Hart Energy Staff

Brigham Minerals Inc. recently announced an acquisition of acreage with top producers in the Denver-Julesburg (D-J) Basin that marked the company’s biggest transaction since its IPO in 2019.

“I’m extremely pleased to announce our largest transaction to date, which is anticipated to provide significant near-term cash flow per share accretion that continues to grow into 2023 as 3.1 net DUCs and permits are turned in line to production,” Brigham Minerals CEO Robert M. (Rob) Roosa commented in a company release on Nov. 4.

Based in Austin, Texas and founded in 2012 by Bud Brigham, Brigham Minerals is focused on acquiring oil and gas mineral rights across the U.S. The company’s portfolio currently includes mineral and royalty interests in the core of the Permian Basin, the SCOOP and STACK plays, the D-J Basin in and the Williston Basin.

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