The Kelly Hart team of Drew Neal, Mason Smith, and Seth Paulger recently represented Kimbell Royalty Partners, LP (NYSE: KRP) and certain of its affiliates in the negotiation of a definitive agreement whereby the Kimbell entities would acquire certain oil and gas mineral and royalty interests from certain affiliated sellers for approximately $215.4 million.
The subject interests span a multitude of counties in the Eagle Ford, Permian, Mid-Con and Appalachia.
White & Case LLP also served as counsel to Kimbell with respect to corporate and capital markets matters.
Mayer Brown LLP served as counsel to the affiliated sellers.
The transaction is expected to close in August 2026, subject to customary closing conditions.
Kimbell’s press release announcing the transaction is available at the link below:
Kimbell Royalty Partners, LP Announces $215.4 Million Drop Down Acquisition – Jul 17, 2026