Elk Range Royalties closes $905 million acquisition of DJ Basin assets – Oil & Gas 360

Occidental Sells $905MM Worth of Assets in DJ Basin

Elk Range Royalties acquired a mineral and royalty position with about 250,000 net royalty acres from Occidental for $905 million.

Elk Range Royalties closes $905 million acquisition of DJ Basin assets – Oil & Gas 360

(World Oil) – Elk Range Royalties has announced a landmark acquisition of a significant mineral and royalty position spanning approximately 250,000 net royalty acres (NRA) in the DJ Basin from affiliates of Occidental Petroleum (Oxy). The $905 million transaction significantly expands Elk Range’s presence in a premier oil and gas region and aligns with Elk Range’s strategy of acquiring attractive royalty assets in core basins. The newly acquired

Elk Range Royalties acquires 250,000 net royalty acres in DJ Basin, US - Offshore Technology

Elk Range Royalties has acquired mineral and royalty position of approximately 250,000 net royalty acres (NRA) in the Denver-Julesburg (DJ) Basin, US, from Occidental affiliates.