Business Wire·Sep 25, 2026, 4:30 AM ET

WhiteHawk Minerals Corp. Announces Closing of $111.8 Million of Acquisitions and Related Financings; Revolving Credit Facility Borrowing Base Increased to $175.0 Million

WhiteHawk Minerals Corp. closed approximately $111.8 million in acquisitions, including a $105.0 million purchase of Marcellus, Utica, & Haynesville Shale natural gas mineral & royalty assets from San Jacinto Minerals II.
The transactions were funded by a $50.0 million issuance of Series E Preferred Stock (closed Sept 23, 2026) & a $75.0 million private placement of Class A common stock (closed Sept 21, 2026).
The Company completed its fall redetermination of a reserve-based revolving credit facility, increasing borrowing capacity to $175.0 million while remaining fully undrawn.
Acquired assets cover approximately 700,000 gross unit acres & 11,810 net royalty acres with an average net revenue interest of 0.21%.
The portfolio includes more than 1,700 producing wells, 245 wells in process, & 2,500 undeveloped locations.
Appalachia interests span approximately 600,000 gross unit acres anchored by EQT Corporation, Range Resources Corporation, CNX Resources Corporation, & Antero Resources Corporation.
Haynesville interests span approximately 100,000 gross unit acres anchored by Expand Energy Corporation, Apex Energy LLC, & Adamas Energy LLC.
WhiteHawk Minerals Corp. currently owns mineral & royalty interests across approximately 3.6 million gross unit acres with exposure to premier natural gas operators.