M&A: Coterra Energy Inc.

Form Type: 8-K

Filing Date: 2024-12-31

Corporate Action: Acquisition

Type: Update

Accession Number: 000110465924132643

Comments: Coterra Energy Inc. has reported an update regarding its Membership Interest Purchase Agreement (FME Purchase Agreement) with Franklin Mountain Energy Holdings, LP and other parties. On December 28, 2024, the parties entered into a First Amendment to the agreement to include approximately 1,650 net royalty acres owned by Sandia Minerals, LLC, which were previously designated as Excluded Assets. Additionally, this amendment increased the cash consideration of the agreement by $43 million. This document references previous filings and agreements related to this acquisition and provides further details on the modifications made to the original terms of the agreement.

Document Link: View Document

Additional details:

Membership Interest Purchase Agreement Date: 2024-11-12


First Amendment Date: 2024-12-28


Increased Cash Consideration: 43000000


Net Royalty Acres Included: 1650