WhiteHawk Energy completed the acquisition of Marcellus Shale assets from Three Rivers Royalty for $54m.

WhiteHawk Energy, a company that is focused on acquiring mineral and royalty interests in top tier oil and gas resource plays, completed the acquisition of Marcellus Shale assets from Three Rivers Royalty, a mineral and royalty acquisition company, for $54m. “These assets include all the ideal mineral and royalty attributes – diversified acreage positions in the core of well-established basins, operated by best-in-class companies, generating significant cash flow with no additional capital expenditures. Since acquiring our initial mineral and royalty interests in the Marcellus Assets in 2022, the assets have performed very well and we are pleased to increase our ownership under some of the best natural gas operators in the world,” Daniel C. Herz, WhiteHawk CEO.