Kimbell Royalty Partners Agrees To Acquire Permian Basin Mineral And Royalty Assets For $147M From Mesa Royalties Effective June 1

The purchase price for the Acquisition is comprised of $44.0 million in cash (approximately 30% of the total consideration) and approximately 6.9 million newly issued common units of Kimbell Royalty Operating, LLC ("OpCo") valued at $103.0 million.