Canada’s Freehold Royalties to Buy Texas Shale Assets for CA$155 Million

Transaction Type
Sellers
Basin
Permian Basin; Midland Basin; Eagle Ford Shale
Announce Date
Post Date
Estimated Price
CA$155.0MM
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)