Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions
Acquisitions Add High-Quality Assets that are Expected to Generate Attractive Returns
Texas Pacific Land Corporation (NYSE:TPL) (the "Company" or "TPL") today announced the closing of two acquisitions for oil and gas mineral interests and surface acreage located in the Permian Basin for an aggregate $169 million in cash.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827099522/en/Delaware Basin mineral interests (Graphic: Business Wire)
TPL acquired mineral interests across approximately 4,106 net royalty acres located in Culberson County, Texas. The acquired mineral interests overlap existing TPL royalty acreage in current