On May 1, 2026, Viper Energy, Inc. entered into a definitive purchase and sale agreement to acquire all of the equity interests of Riverbend Oil & Gas IX, L.L.C., an entity owning certain mineral and royalty interests, from Riverbend Oil & Gas IX (AIV), L.L.C. and ROG IX, L.L.C., in exchange for US$337 million in cash and approximately 3.7 million shares of Viper’s Class A common stock, subject to customary adjustments.
Latham & Watkins LLP advised Viper in the transaction with a team led by Houston partners Chris Heasley and Ryan Lynch, and New York partner Zach Podolsky, with associates Jay Harper, Emily Brown, and Graysen Mechler. Advice was also provided on tax matters by Houston partner Tim Fenn, with associate Christopher Garza; and on financing matters by New York partner Emily Johnson.
