Brigham Minerals to Acquire Midland Basin Position Operated by Pioneer, Endeavor
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Estimated Price
$32.5MM
Description
To acquire in a cash-and-stock transaction roughly 1,800 net royalty acres in the Midland Basin of the Permian and production of 225,000-275,000 boe/d of production estimated for 2022. (Expected to close April)