Kimbell Royalty Partners has closed its previously announced acquisition of mineral and royalty interests from Mesa Royalties in a cash and unit transaction valued at approximately $145.9 million. The purchase price consisted of $44.0 million in cash and approximately 6.9 million newly issued common units of Kimbell Royalty Operating valued at $101.9 million. Kimbell is entitled to all cash flow from production attributable to the acquired assets since the effective date of June 1, 2026. The acquired assets are expected to produce approximately 1,390 barrels of oil equivalent per day over the next twelve months, with a footprint spanning 16 Permian counties and concentrated 70% in the Delaware Basin and 30% in the Midland Basin.
Kimbell Royalty Partners LPKimbell closes a $145.9M acquisition of producing assets, expanding its Permian footprint and adding ~1,390 boe/d production.
Mesa Royalties sells mineral interests for $145.9M in cash and units, monetizing its assets.