Sitio Royalties Corp

Newly Formed Sitio Snapping Up Permian Acreage, Increasing Production with Pair of Acquisitions

Newly Formed Sitio Snapping Up Permian Acreage, Increasing Production with Pair of Acquisitions

Minerals firm Sitio Royalties Corp. is boosting its position in the Permian Basin with a pair of acquisitions that is expected to increase net production by 23%. Sitio, the company formed when Desert Peak Minerals and Falcon Minerals Corp. completed their merger this year, said late last month that it acquired more than 19,700 net…

July 5, 2022