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A&D - Continental’s minerals JV spent $130MM in 2019; more to come - March 2020
A minerals JV of Continental Resources and Canadian gold royalty owner Franco-Nevada Corp. spent $130 million in 2019 to acquire SCOOP and STACK mineral assets. The total, announced in Continental’s 2019 annual report, came in below the $150 million ultimately allocated by the JV for 2019 acquisitions. In a filing last July, Continental said the partnership had already spent more than 75% of its initial $125 million allocation during 1H19, all in the SCOOP,......
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