Viper Energy Partners borrows from revolver for Swallowtail buy

Chicago, Oct. 7 – Viper Energy Partners LP and subsidiary Viper Energy Partners LLC drew on Viper LLC’s revolving credit facility for the $225 million cash consideration in the acquisition of certain mineral and royalty interests from Viper Energy Partners LP and subsidiary Viper Energy Partners LLC, according to an 8-K filing with the Securities and Exchange Commission.

The other part of the acquisition consisted of 15.25 million common units.

The acquisition had an effective date of Aug. 1.

Viper Energy is a Midland, Texas-based oil and natural gas company.

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