Northland Capital Markets: Co-Manager for Viper Energy’s $349.6 Million Offering of Common Units

Northland Capital Markets announced today that it has acted as Co-Manager for a $349.6 million offering of common units for Viper Energy Partners LP (“Viper Energy” or the “Company”). Viper Energy 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 10,925,000 of its common units to the public at $32.00 per share for gross proceeds of approximately $349.6 million, which includes 1,425,000 common units from the over-allotment option fully exercised by the underwriters.

For more information:  Press Release Viper Energy Partners 3/5/2019