logo
logo

Rising Phoenix Royalties Acquires Another Range Resources Marcellus Basin Mineral Acquisition

Jan 06, 2022over 3 years ago

Acquiring Company

Rising Phoenix Royalties

Acquired Company

Another Range Resources Marcellus Basin Mineral Acquisition

Media And Entertainment

Description

Rising Phoenix Royalties (RPR) reveals another natural gas royalty acquisition spanning 98 net royalty acres in the Marcellus Shale, Washington County, PA. Range Resources Corporation, (NYSE:RRC), a leading US independent natural gas and NGL producer, is the well-site operator.

Company Information

Company

Rising Phoenix Royalties

About

Rising Phoenix Royalties, Dallas, TX, is a privately held independent mineral and royalty interest acquisition company built on four generations of oil and gas industry expertise. Since 2009, RPR has successfully identified, evaluated, acquired, and managed incoming producing properties of over $140 million in private assets in oil and gas basins nationwide. Learn more at www.risingphoenixroyalties.com. Rising Phoenix Royalties214-438-4363 royalties@rising-phoenix.com Join RPR on Facebook and LinkedIn. Contact:Zach SodolakMarketingRising Phoenix Royalties972-997-5350 zach@rising-phoenix.com SOURCE Rising Phoenix Royalties

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed