Kimbell Royalty Partners wraps up $455m asset purchase in Permian Basin and Mid-Continent
Kimbell Royalty Partners, LP (NYSE: KRP), a leading player in oil and gas mineral and royalty interests, has successfully closed its $455 million acquisition of assets from a private seller. The acquisition was financed through a $325 million private placement of 6.00% Series A Cumulative Convertible Preferred Units by Apollo-affiliated funds, alongside borrowings from Kimbell […]