US EditionElk Range Royalties closes $905 million acquisition of DJ Basin assets – Oil & Gas 360
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Elk Range Royalties closes $905 million acquisition of DJ Basin assets – Oil & Gas 360
(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The $905 million transaction significantly expands Elk Range’s presence in a premier oil and gas region and aligns with Elk Range’s strategy of acquiring attractive royalty assets in core basins. The newly acquired
·Denver, United States
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