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Acreage offers existing cash flows and significant future revenue growth opportunities via high-quality pore space and strategic surface access
Acquisition of acreage across Loving, Reeves, Winkler and Ward counties increases total holdings to ~300,000 surface acres
HOUSTON--(BUSINESS WIRE)-- LandBridge Company LLC (NYSE: LB) ("LandBridge") today announced that it has entered into an agreement to acquire approximately 37,500 total acres, across Loving, Reeves, Winkler and Ward counties, Texas, from 1918 Ranch & Royalty, LLC (the "Acquisition"), with closing anticipated to occur in the fourth quarter of 2025, subject to customary closing conditions. The acreage to be acquired consists of approximately 22,000 fee surface acres, approximately 3,500 surface acres held pursuant to a long-term management agreement and approximately 12,000 leasehold surface acres.
Posted In: LB