# EagleRock Land, LLC (EROK) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_4c68411e24172bc2be32 · retrieved 2026-08-14T01:27:04.970Z

## Overview
EagleRock Land, LLC is a surface land management company that owns or controls approximately 286,000 acres in the Delaware and Midland sub-basins within the Permian Basin, generating revenue from resource sales, surface use fees, and royalties.

EagleRock Land, LLC acquired the Intrepid Ranch from Hydrosource Logistics LLC for a total purchase price of $78.2 million on August 10, 2026. The acquisition comprises approximately 50,000 surface acres with approximately 22,000 fee acres in Lea County, New Mexico, directly adjacent to EagleRock's existing surface position. The acquisition was funded through a combination of cash on hand and borrowings under EagleRock's existing revolving credit facility. EagleRock intends to apply its active management approach to the asset, including renegotiating surface use agreements, optimizing water infrastructure, and unlocking additional royalty opportunities.

## Terms
- Counterparty: Hydrosource Logistics, LLC · Deal value: $78.2M · Consideration: cash

## Key dates
- Announced 2026-08-11

## Timeline
- 2026-08-11 · 8-K (0001193125-26-343071): 8-K - EagleRock Land, LLC — *EagleRock Land, LLC is a surface land management company that owns or controls approximately 286,000 acres in the Delaware and Midland sub-basins within the Permian Basin, generating revenue from resource sales, surface use fees, and royalties.* EagleRock Land, LLC acquired the Intrepid Ranch from Hydrosource Logistics LLC for a total purchase price of $78.2 million on August 10, 2026. The acquisition comprises approximately 50,000 surface acres with approximately 22,000 fee acres in Lea County, New Mexico, directly adjacent to EagleRock's existing surface position. The acquisition was funded through a combination of cash on hand and borrowings under EagleRock's existing revolving credit facility. EagleRock intends to apply its active management approach to the asset, including renegotiating surface use agreements, optimizing water infrastructure, and unlocking additional royalty opportunities.
  https://www.sec.gov/Archives/edgar/data/2104882/0001193125-26-343071.txt

## Citations
- 0001193125-26-343071 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526343071
