Cold-Blooded Deal Makers: Viper Spends $270 Million In Permian

Transaction Type

Sellers

Buyers

Viper Energy Partners LP

Diamondback Energy Inc.

Basin

Permian Basin

Announce Date

Mon, 07/17/2017 - 12:00 PM

Post Date

Jul 17, 2017

Close Date

Mon, 07/17/2017 - 12:00 PM

Estimated Price

$276.6MM

Description

Acquired mineral interest in the Permian through more than 50 deals during 2Q 2017 set to increase its royalty holdings by 37% to 8,905 net acres.

Cold-Blooded Deal Makers: Viper Spends $270 Million In Permian