Kimbell Royalty Partners, LP announces acquisition of mineral and royalty interests held by Haymaker Minerals & Royalties, LLC and Haymaker Resources, LP for $404 million and proposed election to change tax status

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May 29, 2018
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Acquisition immediately accretive to distributable cash flow, increases production by more than 50% on a per unit basis and generates estimated G&A savings of 50% per Boe on a run-rate basis

Pro forma free cash flow yield of 12% on first quarter 2018 basis

Kimbell announces proposed election to change tax status from pass-through partnership to a taxable entity

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