Skip to main content Permian and MidCon Acquisition – Kimbell Royalty Partners LP Investor Presentation | Shale Experts
Loading...
Pm

Permian and MidCon Acquisition – Kimbell Royalty Partners LP

Kimbell Royalty Partners LP · Aug 10, 2023 · 13 slides

Investor presentation from the Shale Experts oil & gas presentation and slide database. Every page is imaged and its text indexed for search across operators, plays, basins and time.

Slides

  1. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 1
    Accretive Permian and Mid-Con Acquisition
  2. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 2
    Strategic Acquisition of Premier Permian and Mid-Con Acreage On August 2, 2023, Kimbell announced the pending acquisition of certain oil and gas mineral and royalty assets held by a private seller (the Seller or Target Assets) for 455…
  3. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 3
    Q2 2023 Combined Operational and Financial Metrics High-growth bolt-on acquisition provides additional oil-weighted production in one of the most active basins in the U.S. Private Seller Stand Alone Permian, Mid-Con Combined…
  4. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 4
    Combined Production and Leverage Profile Consistent with Kimbells Historical Playbook Kimbell has consistently enhanced and improved its business portfolio, with successful M&A as one vehicle for accretive growth. Kimbell has prudently…
  5. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 5
    Acquisition Overview
  6. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 6
    Acquisition Expected to Enhance Kimbells Diversified Asset Base Transaction Highlights Combined Asset Footprint Enhanced Scale with Multi-Basin Asset Base 157k(1) 22.4 82 Significantly enhances production, net locations and rig Net…
  7. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 7
    Acquisition Represents Unique Opportunity to Enhance Asset Profile Acquisition Drives Step Change in Rig Count and 25% 15% Net DUC and Permit Inventory Expected Increase in Net Expected Rig Count Market Locations Share 10.0 140 9.41…
  8. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 8
    Target Assets - Diversified Mineral Package with Top Producers and Assets in Core of the Core Scaled mineral package in core Delaware, Midland and Mid-Con with strong activity amongst top producers and significant in-process and future…
  9. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 9
    Acquisition adds a Recharge to Undrilled Inventory(1) Expected to increase Net locations by 25%, Net DUC + Permits by 37% and materially increases relative exposure to the Permian Basin Net Locations Summary Net DUCS & Permits Summary…
  10. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 10
    Permian Basin Kimbell + Target Assets Expected to increase Kimbells aggregate Permian Basin net locations by 41% Pro Forma Permian Portfolio Asset Overlay Exposure to well-capitalized, experienced operators like EOG Resources, Oxy,…
  11. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 11
    Mid-Con Kimbell + Target Assets Expected to increase Kimbells Mid-Con net locations by 100% pro forma and adds mineral exposure across the core of the prolific SCOOP/STACK/Merge plays Pro Forma Mid-Con Portfolio Asset Overlay Exposure…
  12. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 12
    Appendix
  13. Permian and MidCon Acquisition – Kimbell Royalty Partners LP – slide 13
    Historical Selected Financial Data Non-GAAP Reconciliation (in thousands) Three Months Ended June 30, 2023 Net income 17,797 Depreciation and depletion expense 19,657 Interest expense 6,341 Income tax expense 909 Consolidated…

From the store

Browse maps, data & reports in the Shale Experts store