Gateway Royalty II LLC - 2014-03-25

Description

The capital will support Gateway Royalty II’s future debt-free acquisitions of Utica oil and natural gas interests. Principals of Gateway Royalty II have previously invested $35 million through Gateway Royalty LLC. Gateway Royalty II has secured oil and natural gas interests for 20,000 Utica Shale acres. Vorys, Sater, Seymour and Pease LLP provided Gateway Royalty II’s legal counsel. Sprouse Shrader Smith PLLC also provided legal counsel.

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Estimated Price
$58.5MM
Financing Type
Report Date