Landbridge to acquire Wolf Bone Ranch from Vitol-backed VTX Energy Partners for $245m.

Landbridge, an energy development and production company, agreed to acquire Wolf Bone Ranch from Vitol-backed VTX Energy Partners, an oil and gas company, for $245m. “This acquisition demonstrates our continued commitment to our active land management strategy across the Delaware Basin, and we see significant opportunities for a broad range of industrial development and revenue growth on the Wolf Bone Ranch. These opportunities include commercial real estate opportunities along the over seven miles of Highway 285 frontage and potential digital infrastructure and renewable energy projects,” Jason Long, LandBridge CEO.