Rising Phoenix Royalties Announces Another Scoop/Woodford Basin Overriding Royalty Interest Acquisition
May 05, 2022•over 3 years ago
Acquiring Company
Rising Phoenix Royalties
Acquired Company
Royalty Interest
Media And Entertainment
Description
Rising Phoenix Royalties (RPR) reveals the purchase of an overriding royalty interest from an undisclosed seller in the SCOOP/Woodford Basin, located in McClain County, OK. EOG Resources, Inc. (NYSE: EOG), is the well-site Operator.
M&A Insights
Based on deal dataIntegration 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
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Success factor
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