---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-127431"
form_type: "8-K"
ticker: "KRP"
cik: "0001657788"
company_name: "Kimbell Royalty Partners, LP"
filed_at: "2022-12-15T23:59:59+00:00"
generated_at: "2026-06-21T04:11:20.329837+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Kimbell Royalty Partners closes $271M acquisition of Permian Basin mineral & royalty interests from Hatch Royalty

## Summary
- Total consideration ~$270.7M: $150.4M cash + ~7.3M Opco units valued at $120.3M.
- Acquired assets produced ~2,072 Boe/d (1,198 Bbl oil, 372 Bbl NGLs, 3,012 Mcf gas) as of Oct 1, 2022.
- Estimated 2023 production from acquired assets: ~2,522 Boe/d. Assets primarily in Permian Basin (82% Texas Delaware).
- Credit facility borrowing base increased from $300M to $350M via Amendment No. 4.

## SEC filing metadata
- accession: 0001104659-22-127431
- form_type: 8-K
- ticker: KRP
- cik: 0001657788
- company_name: Kimbell Royalty Partners, LP
- filed_at: 2022-12-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1657788/000110465922127431/0001104659-22-127431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1657788/000110465922127431/tm2232771d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-127431
- JSON: https://secwatch.observer/filing/0001104659-22-127431.json
- Plain text: https://secwatch.observer/filing/0001104659-22-127431.txt

## Key facts
- Material Agreements
  Kimbell Royalty Partners, LP entered into Registration Rights Agreement (effective 2022-12-15).
  - Action: entry
  - Effective: 2022-12-15
  source text: On December 15, 2022, pursuant to the terms of the Purchase Agreement, Kimbell entered into a registration rights agreement (the “Registration Rights Agreement”) with the Seller
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465922127431/0001104659-22-127431-index.htm
- Material Agreements
  Kimbell Royalty Partners, LP amended Amendment No. 4 to Credit Agreement with certain subsidiaries of Kimbell, as guarantors, the lenders party thereto and Citibank, N.A. valued at $300.0 to $350.0 million (effective 2022-12-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: certain subsidiaries of Kimbell, as guarantors, the lenders party thereto and Citibank, N.A.
  - Value: $300.0 to $350.0 million
  - Effective: 2022-12-15
  source text: On December 15, 2022, Kimbell entered into Amendment No. 4 (the “Fourth Amendment”) to Kimbell’s existing Credit Agreement, dated as of January 11, 2017
  evidence_url: https://www.sec.gov/Archives/edgar/data/1657788/000110465922127431/0001104659-22-127431-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.