Item 8.01. Other Events

On November 20, 2019, the District Court of Harris County, Texas, 157th Judicial District, issued a ruling in the contingent consideration payment dispute that Anadarko Holding Company and its subsidiary, Big Island Trona Company (together, "Anadarko") brought against NRP in July 2017. The Trial Court ruled in NRP's favor in all respects, including that the internal restructuring that occurred did not trigger an acceleration of the contingent purchase price payment obligation under the purchase agreement with Anadarko. Accordingly, the Trial Court ordered that Anadarko take nothing. As a result, NRP does not owe any amounts to Anadarko under the Trial Court's ruling. While we do not know whether Anadarko intends to appeal the Trial Court's decision, we intend to vigorously defend any such appeal.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses