NGP’s Elk Range Royalty Acquires Core Permian Basin Position
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
MM
Description
Purchased roughly 2,600 core net royalty acres evenly split between the Delaware and Midland basins of NM and W TX in the core of the Permian with last 12-month cash flow of $10.8 MM.