Natural Resource Partners Gains 19,200 Oklahoma Acres

Transaction Type
Sellers
Announce Date
Post Date
Close Date
Estimated Price
64MM
Description

Purchased total 19,200 net mineral acres in OK Mississippian lime oil play.

Natural Resource Partners LP, Houston, (NYSE: NRP) has now acquired a total of approximately 19,200 net mineral acres in the Mississippian lime oil play in north-central Oklahoma for approximately $64 million.

These holdings, acquired in a series of separate acquisitions over a period from December 2011 to date, are currently leased to several oil and gas operating companies that are actively developing the acreage with horizontal drilling.