EagleRock Land acquires Intrepid Ranch for $78.2 million

• EagleRock Land acquired Intrepid Ranch from Hydrosource Logistics for USD 78.2 million, adding about 50,000 surface acres in Lea County, New Mexico.
• Deal funding combined cash on hand with borrowings under an existing revolving credit facility.
• Includes about 22,000 fee acres, lifting EagleRock’s New Mexico fee acreage by roughly 60%.
• Management plans to renegotiate surface use agreements, expand water infrastructure, pursue additional royalties including sand development.
• Assets include producing commercial water rights, above-ground storage, saltwater disposal wells, caliche pits, permitted sand mines.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EagleRock Land LLC published the original content used to generate this news brief via Business Wire (Ref. ID: 20260810348718) on August 10, 2026, and is solely responsible for the information contained therein.