Acquiring Company
Evolution Petroleum Corporation
Acquired Company
Non-affiliated private seller
Description
Evolution Petroleum Corporation has announced a definitive agreement to acquire mineral and royalty interests in the Midland Basin for approximately $16 million. This acquisition is expected to close on or about August 21, 2026, enhancing Evolution's cash flow and diversifying its earnings mix. The interests to be acquired span approximately 3,420 net royalty acres and are projected to generate significant cash flow.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Non-affiliated private seller?
Non-affiliated private seller was acquired by Evolution Petroleum Corporation, based in Houston. The deal was reported on August 18, 2026. Evolution Petroleum Corporation is an independent energy company focused on the development and acquisition of oil and natural gas properties. Evolution Petroleum Corporation is publicly traded (EPM) and operates in Energy.
When did Evolution Petroleum Corporation acquire Non-affiliated private seller?
Evolution Petroleum Corporation's acquisition of Non-affiliated private seller was reported on August 18, 2026. Evolution Petroleum Corporation has announced a definitive agreement to acquire mineral and royalty interests in the Midland Basin for approximately $16 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Non-affiliated private seller do?
Non-affiliated private seller is the company acquired in this transaction. It is privately held.