LandBridge Closes Three Surface Acquisitions
Transaction Type
Buyers
Basin
Permian Basin
Announce Date
Post Date
Estimated Price
0MM
Description
LandBridge Co. closed on its acquisitions of East Stateline Ranch, Speed Ranch and Lea County Ranches in the second quarter, LandBridge announced in its first earnings call since IPO’ing in June.
The ranch acquisitions in Lea County, New Mexico, and Loving, Winkler and Andrews counties, Texas, added approximately 148,000 acres to its portfolio, bringing its total surface position to approximately 220,000 acres.