Golden Flag Advises Hatch on Kimbell’s Purchase of its Mineral and Royalty Interests for $290 Million

Golden Flag International Law Firm counseled Austin, Texas-based Hatch Royalty LLC on its mineral and royalty interests being acquired by Kimbell Royalty Partners, LP (NYSE: KRP), a leading owner of oil and gas mineral and royalty interests in approximately 16 million gross acres in 28 states, in a cash and unit transaction valued at approximately $290 million, subject to purchase price adjustments and other customary closing adjustments. The purchase price for the Acquisition is comprised of $150 million in cash (approximately 52 percent of the total consideration) and approximately 7.3 million common units of Kimbell Royalty Operating, LLC, which are valued at $140 million (approximately 48 percent of the total consideration). 
 
Read Kimbell’s press release