Northland Capital Markets: Co-Manager for Viper Energy’s $315 Million Offering of Common Units

Northland Capital Markets announced today that it has acted as Co-Manager for an offering of $315 million of common units for Viper Energy Partners LP (“Viper”). Viper is a Delaware limited partnership formed by Diamondback Energy, Inc. to own, acquire, and exploit oil and natural gas properties in North America.

Viper Energy priced the sale of 10,080,000 of its common units to the public at $31.25 per share for gross proceeds of approximately $315.0 million, which includes 1,080,000 common units from the over-allotment option fully exercised by the underwriters.

For contacts and more information:  Press Release Viper Energy 08/03/18