EagleRock Acquires Intrepid Ranch for 78.2M

Fossil Fuel
Fossil Fuel
Acquisition
Acquisition
IPO:
May 14, 2026
Industry:
OIL ROYALTY TRADERS

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EagleRock Acquires Intrepid Ranch for 78.2 Million Dollars

HOUSTON, Texas - EagleRock Land, LLC, a surface land management company trading on the NYSE under the ticker EROK, has acquired the Intrepid Ranch from Hydrosource Logistics LLC for a total purchase price of 78.2 million dollars. The acquisition is funded through cash on hand and borrowings under the company existing revolving credit facility.

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About EagleRock Land, LLC

Access to land, resources and infrastructure is fundamental for critical industries like energy and technology to thrive. We are a land management company that owns or controls approximately 236,000 acres in the heart of the Delaware and Midland sub-basins within the prolific Permian Basin. In addition, we have an interest in up to approximately 70,000 acres pursuant to an acreage dedication related to our Midland Basin water infrastructure assets (the “DE Acreage Dedication”). Our acreage is vital to the efficient development of oil and natural gas resources in the Permian Basin and is strategically located to support the growing surface, resource, infrastructure and related commercial development needs of the power and other emerging industries in the Permian Basin

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