Infinity Natural Resources, LLC and Northern Oil and Gas, Inc. entered into a purchase and sale agreement to acquire Upstream assets located in Ohio from Antero Minerals LLC, Monroe Pipeline LLC and Antero Resources Corporation (NYSE:AR) for $800 million.

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2025.12.08 19:10
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Infinity Natural Resources, LLC and Northern Oil and Gas, Inc. agreed to acquire Upstream assets in Ohio from Antero Minerals LLC, Monroe Pipeline LLC, and Antero Resources Corporation for $800 million. The deal, approved by the board, involves a 51% interest for INR Holdings and 49% for Northern, funded through cash and borrowings. Completion is expected in Q1 2026, enhancing financial metrics. Legal and financial advisors include Kirkland & Ellis LLP, Gibson, Dunn & Crutcher LLP, Moelis & Company, Citigroup Inc., Wells Fargo & Company, and RBC Capital Markets, LLC.