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A&D - Brigham builds up minerals in Q1 with $25MM in acquisitions - May 2020

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In Q1, Brigham Minerals spent $25.4 million in 36 transactions to acquire 1,625 net royalty acres in the Delaware and Midland basins, the Williston Basin and Oklahoma’s SCOOP play. In February, industry veteran Bud Brigham’s company said it planned to focus its 2020 mineral acquisition activity on the Permian. The Q1 purchases reflected that strategy, with nearly half the added acreage being in the Delaware, already the largest piece of Brigham’s portfolio and now......
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