Falcon Reports First Quarter 2022 Production and Declares Quarterly Dividend Increase of 24%

Source: www.gulfoilandgas.com 5/4/2022, Location: North America

Falcon Minerals Corporation, a leading oil and gas minerals company, announces the first quarter 2022 production and declares its first quarter 2022 dividend.

Falcon Highlights
- Net production of 4,100 barrels of oil equivalent per day (“Boe/d”) for the first quarter 2022.
- First quarter 2022 dividend of $0.18 per share declared on May 4, 2022.
- Represents a 24% sequential increase over the fourth quarter 2021 dividend.
- Dividend will be paid on May 31, 2022 to all shareholders of record as of May 18, 2022.
- Falcon announced on January 12, 2022 that the Company had entered into a definitive agreement to combine in an all-stock transaction with Desert Peak Minerals; it is anticipated that the transaction will close in the second quarter 2022.


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