AcquisitionsJul 2, 2026, 08:02 AM
Alliance Resource Partners Completes $206.2M Acquisition
AI Summary
Alliance Resource Partners LP (ARLP) announced the completion of its acquisition of general and limited partner interests in AllDale Minerals III, LP and AllDale Minerals IV, LP for approximately $206.2 million. The acquisition was funded through a combination of cash on hand, borrowings under its revolving credit facility, and a new $150 million Term Loan. Following this transaction, ARLP's Oil & Gas Royalties segment now controls approximately 115,680 net royalty acres, including over 44,770 net royalty acres in the Permian Basin. Additionally, certain related parties of Joseph W. Craft III acquired $100 million in limited partner interests in AllDale III.
Key Highlights
- Alliance Resource Partners acquired AllDale Minerals III & IV for $206.2 million.
- The acquisition was funded by cash, revolving credit, and a new $150 million Term Loan.
- The Term Loan matures on January 1, 2028, with quarterly principal payments of $18.75 million.
- ARLP now controls approximately 115,680 net royalty acres in its Oil & Gas Royalties segment.
- This includes over 44,770 net royalty acres in the Permian Basin.
- Entities related to Joseph W. Craft III acquired $100 million of limited partner interests in AllDale III.
Price Impact
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