Viper Energy sees 1Q production 30,000 – 31,000 Bo/d

As previously announced, on January 30 entered into a definitive purchase and sale agreement to acquire all of the equity interests of certain mineral and royalty interest owning subsidiaries of Diamondback in exchange for $1.0 billion of cash and approximately 69.63 million limited liability company membership interests of Viper Energy (VNOM) Partners along with an accompanying equal amount of Class B common stock of the Company, subject to customary closing adjustments ; expected to close in the second quarter of 2025, subject to the approval by Viper’s stockholders and clearance of other typical closing conditions..Initiating average daily production guidance for Q1 2025 of 30,000 to 31,000 bo/d or 54,000 to 56,000 boe/d…