Kimbell Royalty Partners Tacks On Eagle Ford Core In All-Stock Deal
Transaction Type
Sellers
Buyers
Basin
Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
$36.3MM
Description
Acquired 86,000 gross (400 net) royalty acres, 90% of which is located in the Eagle Ford Shale in La Salle and McMullen counties, TX, with current production about 270 boe/d (83% oil, 11% natural gas and 6% NGL).
Editor's note: Transaction value updated to $36.3 million from $31.8 million at closing.