Mineral and Royalty Interests

Kimbell Royalty Partners acquire Midland basin assets for $143 million

Kimbell Royalty Partners acquire Midland basin assets for $143 million

Oil Price


(WO) – Kimbell Royalty Partners, an owner of oil and gas mineral and royalty interests in approximately 16 million gross acres in 28 states, has agreed to acquire mineral and royalty interests from MB Minerals, L.P., a subsidiary …

Source: Oil Price

Latin America looks to capitalize on soaring lithium demand

Oil Price


With the success of the energy transition closely tied to the ability to store solar and wind power, battery manufacturers are zeroing in on Latin America’s so-called lithium triangle of Argentina, Bolivia and Chile.

These three countries alone …

Source: Reuters

Mexico’s Lopez Obrador orders ministry to step up lithium nationalization

Nasdaq


MEXICO CITY – Mexican President Andres Manuel Lopez Obrador on Saturday signed a decree handing over responsibility for lithium reserves to the energy ministry, after nationalizing lithium deposits last April.

During an event in Sonora, Lopez Obrador signed the …

Source: Reuters

Saudi Arabia looks to invest in mining assets to secure critical minerals

Oil Price


Saudi Arabian Mining Company (Ma’aden) has signed an agreement with the Saudi sovereign wealth fund, the Public Investment Fund, to set up a joint company that will invest in mining assets abroad to secure strategic minerals.

Under the …

Source: CNBC

China ‘played a great game’ on lithium and we’ve been slow to react, industry CEO says

CNBC


China is leading the way when it comes to lithium — and the rest of the world has not been quick enough to respond to its dominance, according to the CEO of American Lithium.

 

Speaking to CNBC’s …

Source: Oil Price

Looming copper shortage could slow the global energy transition

Oil Price


The pace of the energy transition could be slowed by a looming shortage of copper, analysts and top copper producers say.

 

“There is going to be a very significant shortage in copper,” Richard Adkerson, chairman and CEO …

Source: Reuters

U.S. steps away from flagship lithium project with Berkshire

Reuters


In a February meeting with mining executives, President Joe Biden laid out an aggressive goal for the United States to produce more of its own minerals for the electric vehicle revolution in ways that respected the environment.

 

A …

Source: slb.com

Schlumberger partners with Gradiant to sustainably produce battery-grade lithium compounds

World Oil


Schlumberger announced it has entered into a partnership with Gradiant, a global water solutions provider, to introduce a key sustainable technology into the production process for battery-grade lithium compounds.

 

As part of Schlumberger’s NeoLith Energy direct …

Searchlight Minerals Clarkdale Slag Project update

Searchlight Minerals Clarkdale Slag Project update

Oil and Gas 360


HENDERSON, Nev.Sept. 23, 2022 /PRNewswire/ — This project update summarizes the results of the most recent testing of Searchlight Minerals (SRCH) Clarkdale Project located in Clarkdale, AZ.  Searchlight Minerals is focused on developing and …

Brigham Minerals, Inc. announces core Midland Basin acquisition

Brigham Minerals, Inc. announces core Midland Basin acquisition

Oil and Gas 360


Brigham Minerals, Inc. (NYSE: MNRL) (“Brigham Minerals,” “Brigham,” or the “Company”), today announced it has entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interests

Source: Reuters

Global miners must overcome labour shortages, inflation pain to meet targets

Nasdaq


Global mining companies must overcome COVID-related labour shortages and soaring production costs if they are to meet annual production targets, analysts said after downbeat quarterly reports.

London-listed Anglo American AAL.L and Antofagasta ANTO.L are among those to have either …

Source: Bloomberg

Biden poised to use cold-war powers to boost battery metals

Bloomberg


President Joe Biden is poised to invoke as soon as this week Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter.

The White House …

Desert Peak Minerals and Falcon Minerals Corporation to combine in $1.9 billion all-stock merger, creating a premier, shareholder returns-driven mineral and royalty consolidation company

Desert Peak Minerals and Falcon Minerals Corporation to combine in $1.9 billion all-stock merger, creating a premier, shareholder returns-driven mineral and royalty consolidation company

Oil and Gas 360


Combined Company will own over 139,000 Net Royalty Acres, normalized to a 1/8th royalty equivalent, over 105,000 of which are located in the Permian Basin. Projected to produce approximately 13,500 – 14,500 barrels of oil

Source: Reuters

U.S. miners decry mineral royalty plan floated in Congress

Nasdaq


U.S. mining companies are blasting proposals in Congress that would set royalties for copper, lithium and other minerals extracted from federal land, with executives saying the measures would hurt domestic production of the building blocks for solar panels, electric …

Fort Worth oil and gas firm backs new blank check company

Fort Worth oil and gas firm backs new blank check company

Dallas Business Journal


A Fort Worth-based oil and gas mineral and royalty company announced it formed subsidiary Kimbell Tiger Acquisition Corporation, a new SPAC, to take an energy business public. The newly incorporated special purpose acquisition company will look to …

Source: Reuters

Energy transition metals poised for uneven, explosive run higher

Reuters


LONDON/HANOI – Buoyed by powerful demand expectations as the world moves away from reliance on fossil fuels, prices of many industrial metals rocketed, but future price rises are likely to be limited to a select few energy transition ingredients.…

Source: Reuters

Cenovus sells Marten Hills royalty interest for more than $100 million

 

Calgary, Alberta (May 18, 2021) – Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) has sold its gross overriding royalty (GORR) in the Marten Hills area of Alberta to Topaz Energy Corp. for gross cash proceeds of $102 million. The …

Kimbell Royalty Partners declares first quarter 2021 distribution

Kimbell Royalty Partners declares first quarter 2021 distribution

Kimbell Royalty Partners Declares First Quarter 2021 Distribution PR Newswire …

Source: CNBC

The new U.S. plan to rival China and end cornering of market in rare earth metals

CNBC


The United States has made previous attempts to reemerge as a dominant player in a rare earths supply chain that is responsible for some of the most important materials involved in electric vehicle production, battery making, renewable energy systems

Source: Reuters

Factbox: Miners gear up global rare earth projects as prices surge

Reuters


Miners are seeking to take advantage of a jump in the prices of many rare earth elements, needed for permanent magnets used in low-carbon technologies as well as myriad other applications such as weapons systems.

The rally has been

Source: Reuters

To go electric, America needs more mines. Can it build them?

Reuters


Last September, in the arid hills of northern Nevada, a cluster of flowers found nowhere else on earth died mysteriously overnight.

Conservationists were quick to suspect ioneer Ltd, an Australian firm that wants to mine the lithium that lies …

Source: Reuters

Arcadia Minerals, Inc begins process of identifying capital partners and joint venture operator to develop $860 Million Insitu critical minerals deposits in Wyoming

Oil and Gas 360


Wyoming Critical Mineral Developer Expands Range of Potential JV Partners, Wyoming Critical Mineral Developer Considers JV/Buyout Offers,  Potential Suitors for Wyoming Critical Minerals Deposits Expanded

Denver, CO – (Oil & Gas 360 – December 2, 2020) …

December 2, 2020 - 3:30 pm Closing Bell Story‎, Mineral and Royalty Interests
MineralAnswers.com Data Products Now Available on  AWS Data Exchange

MineralAnswers.com Data Products Now Available on AWS Data Exchange

360 Feed Wire

MineralAnswers.com provides the first nationwide oil and gas regulatory data solution on AWS Data Exchange

AUSTIN, TX – Oct. 8, 2020 MineralAnswers.com, a new knowledge platform for energy information, today announced its data products will …

October 8, 2020 - 8:01 am Mineral and Royalty Interests, Press Releases
Source: Reuters

Trump administration delays big Wyoming oil and gas lease sale

Energyworld.com


The US Bureau of Land Management, which oversees the federal government’s leasing program, had previously delayed sales in Utah, Mississippi, Nevada and Colorado expected this month, as well as a major sale in New Mexico in late May

The …

Black Stone Minerals, L.P. Announces Additional Shelby Trough Operational Update

Black Stone Minerals, L.P. Announces Additional Shelby Trough Operational Update

Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone,” “BSM,” or “the Company”) today announced it has entered into a new incentive agreement with XTO Energy Inc. (“XTO”) with respect to certain drilled but uncompleted wells (“DUCs”) in the Company’s Shelby …

One World Lithium Second Phase of Exploration Drilling to Begin at Salar del Diablo

One World Lithium Second Phase of Exploration Drilling to Begin at Salar del Diablo

Vancouver, BC – TheNewswire – March 18, 2020- One World Lithium Inc. (OTC:OWRDF) (CSE:OWLI) (CNSX:OWLI.CN) (the “Company” or “OWL”) announces drilling, environmental, and occupancy permits have been approved to drill two key locations at the south end of the Salar …

March 18, 2020 - 9:00 am Mineral and Royalty Interests, Press Releases

Falcon Minerals Corporation Reports Fourth Quarter and Full Year 2019 Financial Results

March 9, 2020 - 5:03 pm Earnings, Mineral and Royalty Interests, Press Releases
Source: Houston Chronicle

Black Stone Minerals cuts investor payouts by almost 20%

Houston Chronicle


Black Stone Minerals said it will cut its quarterly payouts to investors by almost 20 percent because of falling oil and gas prices.

In another sign of the weakening energy sector, the Houston oil and gas royalties firm …

Kimbell Royalty Partners Announces $175 Million Acquisition of Mineral and Royalty Interests in a Cash and Unit Transaction

Kimbell Royalty Partners Announces $175 Million Acquisition of Mineral and Royalty Interests in a Cash and Unit Transaction

PRNewswire


Kimbell Royalty Partners Announces $175 Million Acquisition of Mineral and Royalty Interests in a Cash and Unit Transaction - oilangas360Kimbell Royalty Partners, LP (NYSE:KRP) (“Kimbell” or the “Company”), a leading owner of oil and gas mineral and royalty interests in approximately 13 million gross acres in 28 states, today announced that it has agreed to acquire the …

Encana Receives Securityholder Approval for Reorganization

Encana Receives Securityholder Approval for Reorganization

Encana Receives Securityholder Approval for Reorganization