oil & gas assets
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CM - PE Kimmeridge & Desert Royalty form Desert Peak Minerals - August 2019



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Energy investor and occasional activist shareholder Kimmeridge Energy Management Co. teamed up with Desert Royalty Co. to form Desert Peak Minerals, which will be the Delaware Basin’s largest pure-play mineral and royalty company by net royalty acreage. The pair announced a definitive agreement July 18 to combine their respective oil and gas royalty assets in the basin. When complete, Desert Peak will have more than 70,000 net royalty acres on a 1/8 royalty-adjusted basis across eight counties in West Texas......
 
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