http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 30 Jul 2026 06:05:00 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+SoftVest+Advisors%2C+LLC/26837912.html si-local-file:///var/storage/secattach/20260730/26837912.html http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+SoftVest+Advisors%2C+LLC/26837912.html Thu, 30 Jul 2026 06:05:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+SoftVest+Advisors%2C+LLC/26837912.html si-local-file:///var/storage/secattach/20260730/26837912.html 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PBT http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13DA++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+SoftVest+Advisors%2C+LLC/26836985.html si-local-file:///var/storage/secattach/20260729/26836985.html http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13DA++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+SoftVest+Advisors%2C+LLC/26836985.html Wed, 29 Jul 2026 21:44:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13DA++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+SoftVest+Advisors%2C+LLC/26836985.html si-local-file:///var/storage/secattach/20260729/26836985.html http://www.streetinsider.com/SEC+Filings/Form++SCHEDULE+13DA++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+SoftVest+Advisors%2C+LLC/26836985.html Wed, 29 Jul 2026 21:44:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PERMIAN+BASIN+ROYALTY+++++For%3A+Jul+28/26833741.html si-local-file:///var/storage/secattach/20260729/26833741.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PERMIAN+BASIN+ROYALTY+++++For%3A+Jul+28/26833741.html Wed, 29 Jul 2026 13:49:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PERMIAN+BASIN+ROYALTY+++++For%3A+Jul+28/26833741.html si-local-file:///var/storage/secattach/20260729/26833741.html http://www.streetinsider.com/SEC+Filings/Form++8-K++++++++PERMIAN+BASIN+ROYALTY+++++For%3A+Jul+28/26833741.html Wed, 29 Jul 2026 13:49:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830498.html si-local-file:///var/storage/secattach/20260729/26830498.html http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830498.html Wed, 29 Jul 2026 07:12:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830498.html si-local-file:///var/storage/secattach/20260729/26830498.html http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830498.html Wed, 29 Jul 2026 07:12:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830419.html si-local-file:///var/storage/secattach/20260729/26830419.html http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830419.html Wed, 29 Jul 2026 07:03:00 -0400 O.00063929 PBT http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830419.html si-local-file:///var/storage/secattach/20260729/26830419.html http://www.streetinsider.com/SEC+Filings/Form++425++++++++PERMIAN+BASIN+ROYALTY++++++++++++++++++Filed+by%3A+PBT+Land+%26amp%3B+Minerals%2C+Inc./26830419.html Wed, 29 Jul 2026 07:03:00 -0400 O.00063929 PBT http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/Press+Releases/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html <div class="xn-content"> <p><span class="legendSpanClass"><location value="LU/us.tx.dallas" idsrc="xmltag.org" >DALLAS</location></span>, <span class="legendSpanClass"><chron>July 28, 2026</chron></span> /PRNewswire/ -- <span value="ACORN:5020214105" idsrc="xmltag.org" >Argent Trust Company</span>, as trustee ("Trustee") of the <span value="NYSE:PBT" idsrc="xmltag.org" >Permian Basin Royalty Trust</span> (NYSE: PBT) ("Permian" or the "Trust"), today announced that it was notified by <span>SoftVest, L.P.</span> ("SoftVest"), a unitholder of the Trust, that SoftVest and certain of its affiliates have entered into a definitive Combination Agreement with <span>Blackbeard Holdings, LLC</span> and certain of its affiliates ("Blackbeard") pursuant to which they propose to combine the assets of the Trust and certain oil and natural gas mineral interest and land operations owned by http://www.streetinsider.com/PRNewswire/PERMIAN+BASIN+ROYALTY+TRUST+ANNOUNCES+NOTICE+OF+COMBINATION+AGREEMENT+BETWEEN+SOFTVEST+AND+BLACKBEARD+WITH+RESPECT+TO+THE+TRUST/26828652.html Tue, 28 Jul 2026 20:00:00 -0400 A.50202141 O.00063929 O.38129325 PBT http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html <p class="bwalignc"> <i>Proposed combination creates PBT Land and Minerals, Inc. (“New PBT”), </i><i>a premier land and minerals platform differentiated by unique operator alignment</i> </p><p> <b><i>New PBT Highlights</i></b> </p><ul class="bwlistdisc"> <li> Scaled, largely contiguous surface and underlying minerals position comprised of 111,000 net royalty acres (“NRAs”)1 and 68,000 surface acres located in the prolific Central Basin Platform (“CBP”) region of the Permian Basin </li> <li> Affiliation with Blackbeard Operating (“BBO”), the largest producer2 in the CBP with a history of unlocking resources across legacy fields via modern drilling and completion techniques </li> <li> Affiliation with Nile Midstream (“Nile”), which serves BBO and other third party operators with an expansive network of oil, gas http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html Tue, 28 Jul 2026 19:07:00 -0400 A.05979179 A.10707735 A.20955149 A.33378433 A.34346088 A.35967030 A.40516181 A.50113779 A.50114013 O.00063929 O.00075773 O.00081989 O.00092403 O.01836073 O.03960809 O.07583746 O.18516886 O.25535673 O.28900569 O.69760539 P1IO34 PBT http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html <p class="bwalignc"> <i>Proposed combination creates PBT Land and Minerals, Inc. (“New PBT”), </i><i>a premier land and minerals platform differentiated by unique operator alignment</i> </p><p> <b><i>New PBT Highlights</i></b> </p><ul class="bwlistdisc"> <li> Scaled, largely contiguous surface and underlying minerals position comprised of 111,000 net royalty acres (“NRAs”)1 and 68,000 surface acres located in the prolific Central Basin Platform (“CBP”) region of the Permian Basin </li> <li> Affiliation with Blackbeard Operating (“BBO”), the largest producer2 in the CBP with a history of unlocking resources across legacy fields via modern drilling and completion techniques </li> <li> Affiliation with Nile Midstream (“Nile”), which serves BBO and other third party operators with an expansive network of oil, gas http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html Tue, 28 Jul 2026 19:07:00 -0400 A.05979179 A.10707735 A.20955149 A.33378433 A.34346088 A.35967030 A.40516181 A.50113779 A.50114013 O.00063929 O.00075773 O.00081989 O.00092403 O.01836073 O.03960809 O.07583746 O.18516886 O.25535673 O.28900569 O.69760539 P1IO34 PBT http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html <p class="bwalignc"> <i>Proposed combination creates PBT Land and Minerals, Inc. (“New PBT”), </i><i>a premier land and minerals platform differentiated by unique operator alignment</i> </p><p> <b><i>New PBT Highlights</i></b> </p><ul class="bwlistdisc"> <li> Scaled, largely contiguous surface and underlying minerals position comprised of 111,000 net royalty acres (“NRAs”)1 and 68,000 surface acres located in the prolific Central Basin Platform (“CBP”) region of the Permian Basin </li> <li> Affiliation with Blackbeard Operating (“BBO”), the largest producer2 in the CBP with a history of unlocking resources across legacy fields via modern drilling and completion techniques </li> <li> Affiliation with Nile Midstream (“Nile”), which serves BBO and other third party operators with an expansive network of oil, gas http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html Tue, 28 Jul 2026 19:07:00 -0400 A.05979179 A.10707735 A.20955149 A.33378433 A.34346088 A.35967030 A.40516181 A.50113779 A.50114013 O.00063929 O.00075773 O.00081989 O.00092403 O.01836073 O.03960809 O.07583746 O.18516886 O.25535673 O.28900569 O.69760539 P1IO34 PBT http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html <p class="bwalignc"> <i>Proposed combination creates PBT Land and Minerals, Inc. (“New PBT”), </i><i>a premier land and minerals platform differentiated by unique operator alignment</i> </p><p> <b><i>New PBT Highlights</i></b> </p><ul class="bwlistdisc"> <li> Scaled, largely contiguous surface and underlying minerals position comprised of 111,000 net royalty acres (“NRAs”)1 and 68,000 surface acres located in the prolific Central Basin Platform (“CBP”) region of the Permian Basin </li> <li> Affiliation with Blackbeard Operating (“BBO”), the largest producer2 in the CBP with a history of unlocking resources across legacy fields via modern drilling and completion techniques </li> <li> Affiliation with Nile Midstream (“Nile”), which serves BBO and other third party operators with an expansive network of oil, gas http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html Tue, 28 Jul 2026 19:07:00 -0400 A.05979179 A.10707735 A.20955149 A.33378433 A.34346088 A.35967030 A.40516181 A.50113779 A.50114013 O.00063929 O.00075773 O.00081989 O.00092403 O.01836073 O.03960809 O.07583746 O.18516886 O.25535673 O.28900569 O.69760539 P1IO34 PBT http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html <p class="bwalignc"> <i>Proposed combination creates PBT Land and Minerals, Inc. (“New PBT”), </i><i>a premier land and minerals platform differentiated by unique operator alignment</i> </p><p> <b><i>New PBT Highlights</i></b> </p><ul class="bwlistdisc"> <li> Scaled, largely contiguous surface and underlying minerals position comprised of 111,000 net royalty acres (“NRAs”)1 and 68,000 surface acres located in the prolific Central Basin Platform (“CBP”) region of the Permian Basin </li> <li> Affiliation with Blackbeard Operating (“BBO”), the largest producer2 in the CBP with a history of unlocking resources across legacy fields via modern drilling and completion techniques </li> <li> Affiliation with Nile Midstream (“Nile”), which serves BBO and other third party operators with an expansive network of oil, gas http://www.streetinsider.com/Press+Releases/SoftVest+and+Blackbeard+Sign+Definitive+Agreement+for+%242.2+Billion+Combination+of+Permian+Basin+Royalty+Trust+and+US+Land+Guild/26828596.html Tue, 28 Jul 2026 19:07:00 -0400 A.05979179 A.10707735 A.20955149 A.33378433 A.34346088 A.35967030 A.40516181 A.50113779 A.50114013 O.00063929 O.00075773 O.00081989 O.00092403 O.01836073 O.03960809 O.07583746 O.18516886 O.25535673 O.28900569 O.69760539 P1IO34 PBT