Natural Gas, Possible Reserves and Transportation

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Oil & Gas 360º

MAY 30, 2025

Immediate returns-enhancing benefits: significantly expands EOGs contiguous liquids-rich acreage, adds premium-priced gas exposure, and increases working interest The acquisition expands EOGs core acreage in the volatile oil window, which averages 65% liquids production, by 235,000 net acres for a combined contiguous position of 485,000 net acres.

Exploration and Production

Exploration and Production Natural Gas Crude Oil Energy

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

Oil & Gas 360º

JUNE 3, 2025

Viper is a corporation formed by Diamondback to own, acquire and exploit oil and natural gas properties in North America, with a focus on owning and acquiring mineral and royalty interests in oil-weighted basins, primarily the Permian Basin. Viper discloses only estimated proved reserves in its filings with the SEC.

Royalty

Royalty Energy Energy Basin

Energy Aggregated

EOG Resources to Acquire Encino Acquisition Partners from CPP Investments and Encino Energy, Strengthening Premier Utica Asset; Increases Regular Dividend 5%

Viper Energy, Inc., a Subsidiary of Diamondback Energy, Inc., to Acquire Sitio Royalties Corp. in All-Equity Transaction; Increases Base Dividend

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