Northland Capital Markets: Co-Manager for Viper Energy’s $236.1 Million Offering of Common Units

Northland Capital Markets announced today that it has acted as Co-Manager for an up-sized offering of $236.1 million of Common Units, representing limited partner interests, for Viper Energy Partners LP (“Viper” or the “Company”). Viper is a limited partnership formed by Diamondback to own, acquire, and exploit oil and natural gas properties in North America.

Viper priced the sale of 16,100,000 of its common units to the public at $14.75 per share for gross proceeds of approximately $236.1 million, which includes 2,100,000 units from the fully exercised over-allotment option.

For contacts and more information:  Press Release Viper Energy 07/26/17