Canada’s Freehold Royalties to Buy Texas Shale Assets for CA$155 Million
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Midland Basin; Eagle Ford Shale
Announce Date
Post Date
Estimated Price
155MM
Description
To buy U.S. mineral title and royalty assets located in the Midland Basin of the Permian, predominantly in Howard County, TX, and Eagle Ford Shale in S TX; add roughly 1,100 boe/d in production volumes, 147,000 gross acres and 8,000 net royalty acres (90% mineral interests). (Expected to close by September)