Fort Worth-based Kimbell Royalty Partners LP (NYSE: KRP) will buy the mineral and royalty interests held by Houston-based Haymaker Minerals & Royalties LLC and Haymaker Resources LP in a $404 million cash-and-stock deal, according to a May 29 press release.
Kimbell is an oil and gas mineral and royalty variable-rate master limited partnership that owns interests in about 5.7 million gross acres across 20 states. Since its founding in 2013, Haymaker has invested capital on behalf of KKR & Co. LP…
Houston Biz Journal
Houston co. to sell mineral and royalty portfolio to Kimbell in 4M deal