- Brigham Minerals Inc.
Brigham Minerals Inc.
5914 W. Courtyard Drive
Website
We formed our company in 2012 to acquire and actively manage a portfolio of mineral and royalty interests in the core of what we view as the most active, highly economic, liquids-rich resource basins across the continental United States.
Our primary business objective is to maximize risk-adjusted total return to our shareholders by both capturing growth in free cash flow from the continued development of our existing portfolio of 11,648 undeveloped horizontal drilling locations unburdened by development capital expenditures or lease operating expenses, as well as leveraging our highly experienced technical evaluation team to continue to execute upon our scalable business model of sourcing, methodically evaluating and integrating accretive minerals acquisitions in the core of top-tier, liquids-rich resource plays.
Our portfolio is comprised of mineral and royalty interests across four of the most highly economic, liquids-rich resource basins in the continental United States, including the Permian Basin in Texas and New Mexico, the SCOOP and STACK plays in the Anadarko Basin of Oklahoma, the DJ Basin in Colorado and Wyoming and the Williston Basin in North Dakota. Our highly technical approach towards mineral acquisitions in the geologic core of top-tier resource plays has purposefully led to a concentrated portfolio covering 38 of the most highly active counties for horizontal drilling in the continental United States.
According to RSEG, an affiliate of Warburg Pincus, as of December 31, 2018, operators have deployed 60% of the horizontal rig fleet, and 68% of the liquids-focused horizontal rig fleet, in the continental United States in these same 38 counties, which we believe will continue to result in the consistent long-term development of our asset base.
Offering Team
Deal Managers
- Credit Suisse
- Goldman Sachs
- RBC Capital
Lawyers
- Vinson & Elkins L.L.P
Auditors
- KPMG Accountants N.V.
Pre-IPO Investors
Investors
- Google Ventures
- Intel Ventures
- Patricoff Ventures
- Kleiner Perkins
Pre-IPO Holdings(%)
- 30
- 20
- 05
- 18
Deal Highlights
Deal Tracker
Investors
Filing
17 Apr, 2019Offer
18 Apr, 2019Look Ahead
Lock Up Expiry
18 Oct, 2019Earning
Nov 1, 2018IPO Terms
Offer Price | $18 |
Offer Size | 14M |