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A&D - Falcon buys Karnes County mineral acres for $11MM - March 2019

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In several transactions in 4Q18 and 1Q19, Eagle Ford E&P company Falcon Minerals Corp. acquired 60 net royalty acres (5,304 gross unit acres) for $10.7 million. The assets include 47 net royalty acres (3,394 gross acres) in eastern Karnes County, Texas, which are currently being developed by ConocoPhillips. The acquired Karnes County acreage has 14 producing wells with 50 additional undeveloped Lower Eagle Ford locations, as well as 13 line-of-sight wells in various stages......
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