WhiteHawk Energy to Acquire PHX Minerals for $187MM

Image for article WhiteHawk Energy to Acquire PHX Minerals for $187MM
News Source : Rigzone

News Summary

  • WhiteHawk Energy and WhiteHawk Income Corporation have entered into a definitive agreement to acquire PHX Minerals Inc
  • in an all-cash transaction of $4
  • 35 per PHX share
  • The acquisition will add approximately 1
  • 8 million gross unit acres of premier natural gas mineral and royalty assets
  • The transaction is expected to close early in the third quarter
WhiteHawk Energy and WhiteHawk Income Corporation have entered into a definitive agreement to acquire PHX Minerals Inc. in an allcash transaction of $4.35 per PHX share, for a total of approximately [+3090 chars]

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