M&A Deal Summary |
|
|---|---|
| Date | 2022-11-03 |
| Target | Hatch Royalty - Permian Basin |
| Sector | Oil/Gas Exploration |
| Buyer(s) | Kimbell Royalty Partners |
| Sellers(s) | Hatch Royalty |
| Deal Type | Divestiture |
| Deal Value | 290M USD |
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| Category | Company |
|---|---|
| Founded | 2015 |
| Sector | Oil/Gas Exploration |
| Revenue | 273M USD (2023) |
Kimbell Royalty Partners is an oil and gas mineral and royalty company. Kimbell owns mineral and royalty interests in approximately 13 million gross acres in 28 states and in every major onshore basin in the continental United States, including ownership in more than 94,000 gross producing wells with over 40,000 wells in the Permian Basin. Kimbell Royalty Partners was founded in 2015 and is based in Fort Worth, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Oil/Gas Exploration) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| State (Texas) | 2 of 2 |
| Country (United States) | 2 of 2 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-12-12 |
Buckhorn Resources GP - Oil & Natural Gas Mineral and Royalty Assets
Houston, Texas, United States Buckhorn Resources' Oil & Natural Gas Mineral and Royalty Assets provide a package of royalty interests located in the Eagle Ford Shale with two rigs actively drilling on the acreage. |
Buy | $36M |
Hatch Royalty is focused on acquiring and developing oil and gas assets. Hatch Royalty is based in Austin, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Oil/Gas Exploration) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
