Announced
Financials
Sources
Tags
Majority
Oil Equipment and Services
Domestic
Acquisition
Friendly
mineral and royalty
Pending
Private
United States
Single Bidder
Synopsis
Brigham Minerals, a mineral acquisition company, agreed to acquire the mineral and royalty assets of Echo Minerals, a mineral explorer, for $32m. “Echo Minerals is thrilled to come to an agreement to sell a portion of our Permian mineral portfolio to the Brigham team. They are an exceptional organization, and we are excited to share in their future value creation as new shareholders," Christian Kanady, Echo Founder and CEO.
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