Marketed: GRP Energy Capital Multibasin Mineral, Royalty Opportunity

Transaction Type
Sellers
Marketers
Basin
Multiple; Permian Basin; D-J Basin; Williston Basin
Announce Date
Post Date
Close Date
Room Opening Date
Estimated Price
MM
Description

The following information is provided by Stephens Inc. All inquiries on the following listings should be directed to Stephens. Hart Energy is not a brokerage firm and does not endorse or facilitate any transactions.

GRP Energy Capital LLC is seeking to divest certain mineral and royalty interests located across multiple major U.S. oil and gas basins. GRP has retained Stephens as its exclusive adviser relating to the transaction. The premier asset package consists of about 28,000 net royalty acres focused on the core of top-producing U.S. basins including the Permian, D-J and Williston basins with material existing cash flow and visible, de-risked growth profile.

The transaction is structured as a sale of assets with an effective date of April 1. The seller will also consider offers for all assets or a subset of the assets. However, preference will be given to offers for all assets. Bids are due by April 14. A virtual data room is available. For information visit stephens.com or contact Max Young, Stephens associate, at Max.Young@stephens.com.

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