Haymaker acquires portion of Chesapeake’s non-operated royalty portfolio for $128M

Haymaker Resources has closed on the acquisition of mineral and royalty interests from certain affiliates of Chesapeake Energy Corp. The acquisition includes producing and nonproducing mineral and royalty interests associated with more than 8,500 wells across 24 states and 324 counties. The majority of production comes from the Mid-Continent, Haynesville, and Appalachia regions.

Final closing price is subject to post-closing adjustments. DLA Piper advised Haymaker on the transaction.

Haymaker owns mineral and royalty interests in more than 20,000 wells across the US. The company is funded by affiliates of Kayne Anderson Capital Advisors LP and Kohlberg Kravis Roberts & Co. LP.

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