Viper Energy Lands 'Sizable' Dropdown From Diamondback
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Delaware Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
$740.2MM
Description
Acquired through a dropdown 5,490 net royalty acres across the Permian's Midland and Delaware basins, over 95% of which is Diamondback-operated.
Editor's note: Transaction value updated from previous amount of $700 million.