TPH advises Avant Natural Resources on the sale of Midland Basin Royalty and Mineral Assets

Casey ColelloLatest News

Tudor, Pickering, Holt & Co. served as exclusive financial advisor to Avant Natural Resources on the sale of Midland Basin royalty and mineral assets to Brigham Minerals for $132.5 million. The assets consist of ~3,900 net royalty acres with 2023 estimated production of 750 – 950 boe/d. The assets are diversified among highly active blue chip operators including Endeavor Energy Resources, Pioneer Natural Resources, and ExxonMobil. For the press release regarding this transaction, please click the link below.