Franco-Nevada Adds to its U.S. Energy Interests, Initiates ATM Equity Program & Provides Details for Release of Q2 Results
Franco-Nevada Corporation (FNV)
Last franco-nevada corporation earnings: 3/9 05:00 pm
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franco-nevada.com/investors/default.aspx
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Source: PR Newswire
(in U.S. dollars unless otherwise noted) TORONTO, July 19, 2019 /PRNewswire/ - Marcellus Royalty AcquisitionFranco-Nevada has entered into an agreement to acquire from Range Resources Corporation an overriding royalty interest on acreage in the Marcellus Shale for a gross purchase price of $300 million. The acquisition has an effective date of March 1, 2019 and is expected to close shortly. The royalty is calculated as 1% of gross production less allowed deductions from approximately 350,000 net acres of Range's working interest position in Washington, Western Allegheny and Southern Beaver Counties in Pennsylvania. The royalty applies to existing production and future development from the Marcellus formation as well as future potential development from the Utica and Upper Devonian formations. The royalty is registered on title and is a direct interest in real property.The Marcellus is one of the most prolific and active gas and liquids plays in North America. Range's acreage is in a
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News
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- Franco-Nevada Announces Election of DirectorsPR Newswire
- Franco-Nevada Reports Q1 2024 Results [Yahoo! Finance]Yahoo! Finance
- Franco-Nevada Reports Q1 2024 ResultsPR Newswire
- We Discuss Why Franco-Nevada Corporation's (TSE:FNV) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year [Yahoo! Finance]Yahoo! Finance
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- 5/1/24 - Beat
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Sec Filings
- 5/2/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/17/24 - Form 6-K
- FNV's page on the SEC website