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Elk Range Royalties acquires 250,000 net royalty acres in DJ Basin, US

GlobalData
Summary
Nutrition label

81% Informative

Elk Range Royalties acquires 250,000 net royalty acres in Denver -Julesburg (DJ) Basin , US , from Occidental affiliates.

Deal features a combination of current production, near-term activity via drilled but uncompleted wells and long-term growth potential from undeveloped reserves.

Deal is part of Elk Range's strategy to acquire royalty assets in key basins.

VR Score

82

Informative language

83

Neutral language

55

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Affiliate links

no affiliate links

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