Metals & Mining M&A » By The Online Investor Staff, updated Sun., Jan. 29, 4:30 PM
Recent mergers and acquisitions in the Metals & Mining M&A category.
| This Slide: #82 of 100 |
Slide #82. Natural Resource Partners L.P. — North Dakota Oil and Gas Assets
Acquirer:
Natural Resource Partners L.P. (NYSE:NRP)
Acquiree:
North Dakota Oil and Gas Assets
Details:
Natural Resource Partners L.P. (NYSE:NRP) announced today that it has completed the previously announced acquisition of non-operated working interests in oil and gas properties located in the Williston Basin of North Dakota from Sundance Energy, Inc. for approximately $33.7 million in cash after purchase price adjustments. The acquisition has an effective date of September 1, 2013.
Natural Resource Partners owns, manages and leases a portfolio of mineral properties, including interests in coal and other natural resources and owns a non-controlling 49% interest in Sisecam Wyoming LLC (Sisecam Wyoming), a trona ore mining and soda ash production business. Co.'s operating segments are: Mineral Rights, which consists of several acres of mineral interests and other subsurface rights across the U.S.; and Soda Ash, in which Sisecam Wyoming mines trona and processes it into soda ash that is sold both domestically and internationally into the glass and chemicals industries.
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