Following up on a $100 million US oil and gas debut in Oklahoma’s STACK play, Canadian gold mining royalty company Franco-Nevada struck another oil and gas royalty deal for $110 million in West Texas’ Midland Basin. The second acquisition consists of 97% mineral title rights and GORRs for a total of 908 net royalty acres. With pooling, these interests provide exposure to a significant Midland Basin position totaling 675,000 gross acres with an estimated......
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