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RE: LeoThread 2025-07-01 12:43

in LeoFinance3 months ago

Part 3/6:

One intriguing development is Continental's partnership with Franco-Nevada, a gold and silver streaming company, which represents a novel approach to financing growth. This $220 million deal allows Continental to leverage funds to drill more wells while distributing some financial responsibility to its partner, thereby offsetting their own capital expenditures.

The Franco-Nevada Partnership: A Shift in Strategy

During a recent earnings call, CFO John Hart characterized this deal as a first-of-its-kind partnership between a resource streaming company and a shale producer. Through this collaboration, Franco-Nevada will assist in acquiring new leases while Continental identifies the most promising drilling opportunities.