One-Page Deal Sheet
Brigham to Acquire DJ Basin Royalty Acreage for $44MM in Cash
Brigham Minerals Inc. Not Disclosed
Announced Date
November 10,2021
Effective Date
August 01,2021
Close Date
December 15,2021
Transaction Type
Royalty
Enterprise Value (EV)($MM)
89
Location
Calculated Metrics( EV/Category)
Region
Rockies - DJ Basin
Country
United States
State
Colorado
County
Weld
Play
Production Production
Production Mix
Calculated Metrics( EV/Category)
$/ Flowing
$/ Acre
Transaction Details: Subscribe to see
Brigham Minerals Inc. has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests in the DJ Basin for approximately $44 million in cash and approximately 2.2 million shares of Class A common stock.
Deal Details: Acres: 8,400 net royalty acres in Weld County, CO (operated by PDC Energy, Chevron, Oxy & Civitas) 2022 Estimated Production: 1,100-1,200 BOEPD (50% liquids) Wells: 1.6 net DUCs and 1.5 net permits for 3.1 net activity wells; Pro forma net activity wells of 13.3 as of September 30, 2021Nearly all value ascribed to PDP, DUCs and…
Rockies - DJ Basin Deal Activity In Last 12 Months
| Announced Date | Buyer | Seller | Deal Value($mm) | Location | Category |
|---|---|---|---|---|---|
| Dec-18-2025 |
-  |
- |
Click here | Colorado | E&P |
| Nov-03-2025 |
- |
- |
Click here | Texas | E&P |
| Jan-11-2024 |
- |
- |
Click here | Colorado | E&P |
| Sep-06-2022 |
- |
- |
Click here | E&P | |
| Feb-28-2022 |
- |
- |
Click here | Colorado | E&P |
| Date | Deal Headline | Price | $/acre |
|---|---|---|---|
| Dec-18-2025 | JAPEX Secures First U.S. Operated Position in $1.26B DJ Basin Acquisition of Verdad Resources | - |
- |
| Jan-11-2024 | Prairie Operating Bolt-On DJ Basin Assets From Nickel Road | - |
- |
| Feb-28-2022 | PDC Acquires DJ Basin E&P Great Western in $1.3B Deal | - |
- |