WhiteHawk Income Marcellus LLC and WhiteHawk Income Haynesville LLC, each indirect wholly owned subsidiaries of WhiteHawk Minerals Corp., have announced a purchase and sale agreement with Three Rivers Royalty II, LLC and Cypress Mineral Partners, LLC, pursuant to which the buyers agreed to acquire certain mineral interests, fee mineral interests, overriding royalty interests, non-participating royalty interests, and related assets in the Marcellus and Haynesville shale basins for an aggregate purchase price of US$105 million.
Latham & Watkins LLP represents WhiteHawk in the transaction with a corporate deal team led by Houston partners Chris Heasley and John Stavinoha, with associates Nate Guerra and Brock Jones. Advice was also provided on capital markets matters by Houston partner Nick Dhesi, with associates KC Sands, Morgen Seim, and Mason Taylor; and on tax matters by Houston partner Tim Fenn, with associate Nathan Sauers.
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