Deal snapshot: Sitio Royalties Closes Acquisition From Momentum Minerals.
MANews-(C)2009-2022
US-based oil and gas mineral and royalty interest investor Sitio Royalties Corp. (NYSE: STR) has completed the acquisition of over 12,200 net royalty acres in the Permian Basin from Momentum Minerals, a Houston-based portfolio company of funds and accounts managed or advised by affiliates of Apollo Global Management, Inc, the company said.
Sitio Royalties said the Momentum acquisition was funded by an approximately USD 22m deposit paid in...
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