Falcon Minerals Agrees to $1.9 Billion All-stock Merger with Desert Peak
Transaction Type
Basin
Permian Basin; Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
1.9BB
Description
Acquired in all-stock merger creating a mineral and royalty company with a significant Permian and Eagle Ford footprint and an enterprise value of $1.9 B; combined assets include over 140,000 NRAs, 105,000 of which are located in the Permian Basin, and projected production of 13,500-14,500 boe/d for 1H 2022.