Kimbell Royalty Partners, LP (NYSE: KRP) ("Kimbell" or the "Company"), a leading owner of oil and gas mineral and royalty interests in approximately 17 million gross acres in 28 states, today announced that it has agreed to acquire mineral and royalty interests (the "acquired assets") held by a private seller ("Seller") in a cash and unit transaction valued at approximately $231 million,

Kimbell Royalty Partners LP (KRP) announced the pricing of its upsized public offering of 10 million common units representing

Kimbell Royalty Partners has agreed to buy mineral and royalty assets in the Midland Basin from a private seller for $231 million. The oil and natural gas mineral and royalty interests are located under the Mabee Ranch in the core of the Midland Basin in western Texas, with about 875 gross producing wells on over 68,000 gross acres.