Falcon minerals

Desert Peak, Falcon to Combine Lower 48 Stakes, with Focus on Permian

Desert Peak, Falcon to Combine Lower 48 Stakes, with Focus on Permian

Lower 48 minerals and royalty rights producers Desert Peak Minerals and Falcon Minerals Corp. have agreed to combine in an all-stock transaction with holdings concentrated in the Permian Basin and targets in the Austin Chalk, Eagle Ford and Marcellus shales. The merger, with an enterprise value of $1.9 billion, estimates combined production by mid-year would…

January 18, 2022