EagleRock Buys 2,000 Acres in Midland Basin for $15.4 Million

PUBT · 1d ago
EagleRock Buys 2,000 Acres in Midland Basin for $15.4 Million
  • EagleRock closed two Midland Basin acquisitions totaling approximately 2,000 acres for $15.4 million.
  • The assets expand water supply, storage and disposal capacity adjacent to existing holdings and newly dedicated acreage.
  • Both acquisitions were valued at less than 10 times EBITDA, funded with cash on hand and existing revolving credit facility borrowings.
  • A separate agreement with Double Eagle V adds approximately 35,000 dedicated acres, increasing total Double Eagle dedications 50% to approximately 105,000 acres.
  • The acreage dedication requires no capital investment and brings the Midland Basin footprint to approximately 44,000 acres alongside approximately 105,000 dedicated acres.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EagleRock Land LLC published the original content used to generate this news brief via Business Wire (Ref. ID: 202611031615BIZWIRE_USPR_____20261103_BW531636) on November 03, 2026, and is solely responsible for the information contained therein.