EagleRock Land Enters Additional Acreage Dedication Of ~35K Midland Basin Acres With Double Eagle V; Also Completes Two Bolt-On Acquisitions In Midland Basin Totaling ~2K Acres For $15.4M
EagleRock funded the acquisitions through a combination of cash on hand and borrowings under its existing revolving credit facility. The Double Eagle V Dedication covers approximately 35,000 acres in Midland and
EagleRock bought more land in the Midland Basin oil region. This shows the company is spending money to drill for more oil and gas.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.