Osprey Energy Acquisition Corp. and Blackstone’s Royal Resources Announce Combination

June 8, 2018

NEW YORK–(BUSINESS WIRE)–Osprey Energy Acquisition Corp. (“Osprey”) (NASDAQ:OSPR, OSPRU, OSPRW), an energy-focused special purpose acquisition entity, today announced it has entered into a definitive agreement to acquire the assets of Royal Resources (“Royal”), an entity owned by funds managed by Blackstone Energy Partners and Blackstone Capital Partners (“Blackstone”). The acquired Royal assets represent the entirety of Blackstone’s mineral interests in the Eagle Ford Shale, and the transaction will create a company with a total enterprise value of approximately $894 million.

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