---
title: "Kimbell Royalty Partners to Acquire Mineral and Royalty Assets for $75M Plus 9.5M Units"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293036530.md"
description: "Kimbell Royalty Partners (KRP) agreed to acquire mineral, overriding royalty, and royalty interests, plus stakes in OGM Partners I and RCPTX, from Rivercrest Capital Partners and Cupola Royalty Direct. The transaction involves approximately $75 million in cash and 9.5 million Opco common units. The deal is expected to close around August 21, 2026, aiming to expand KRP's footprint across key U.S. basins."
datetime: "2026-07-17T12:23:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293036530.md)
  - [en](https://longbridge.com/en/news/293036530.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293036530.md)
generator: "portal-rs"
---

# Kimbell Royalty Partners to Acquire Mineral and Royalty Assets for $75M Plus 9.5M Units

Kimbell Royalty Partners entered into a Purchase and Sale Agreement to acquire mineral, overriding royalty and royalty interests, and additional stakes in OGM Partners I and RCPTX from Rivercrest Capital Partners, Rivercrest Capital Partners II and Cupola Royalty Direct. Consideration totals approximately $75 million in cash and 9,500,000 Opco common units with a corresponding number of Kimbell Class B units, exchangeable into Kimbell common units. The sellers agreed to a 90-day lock-up, and Kimbell will provide registration rights, including filing a resale shelf within five business days of closing. The deal is expected to close on or about Aug 21, 2026, effective Jun 1, 2026, subject to customary conditions.

**Agreement details:**

-   **Agreement type**: Purchase and Sale Agreement for asset acquisition and partnership interests
-   **Counterparty**: Rivercrest Capital Partners; Rivercrest Capital Partners II; Cupola Royalty Direct
-   **Signed / Effective**: Jul 16 2026 / Jun 01 2026
-   **Reason**: Expand mineral and royalty footprint across key U.S. basins

Original SEC Filing: Kimbell Royalty Partners, LP \[ KRP \] - 8-K - Jul. 17, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**