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Royal Resources Ltd

Company Summary

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Company Transactions

Date: 7/30/2018
Type: Acquisition

NOTES:
Osprey Energy Acquisition Corp. has entered into a deal to acquire the assets of Royal Resources from Blackstone Energy Partners and Blackstone Capital Partners for $400 million in cash and 40 million shares of common stock. The combined company between Osprey and Royal will be named Falcon Minerals Corporation and Blackstone will retain a 47% ownership interest in the company via common stock holdings. The acquired assets include net production of 4,764 boe/d and an asset position spread across 251,000 gross unit mineral acres.
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