SITIO ROYALTIES CORP. FILES (8-K) Disclosing Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, Other Events, Financial Statements and Exhibits

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an

Off-Balance Sheet Arrangement of a Registrant.

The information included in Item 8.01 of this Current Report on Form 8-K is
incorporated by reference into this Item 2.03 of this Current Report on Form
8-K.

Item 8.01 Other Events.

On July 26, 2022, Sitio Royalties Corp. (the "Company") completed the previously
announced acquisition of the approximately 12,200 net royalty acres in the
Permian Basin owned by Momentum Minerals Operating, LP, Momentum Minerals
Operating II, LP, Momentum Minerals Nominee, Inc., Momentum Minerals Nominee II,
Inc. and Athene Annuity & Life Assurance Company (the "Momentum
Acquisition"). The Company drew the additional commitments of $175 million under
the unsecured 364-Day Bridge Term Loan Agreement, dated June 24, 2022, among the
Company, Sitio Royalties Operating Partnership, LP, as borrower, Bank of
America, N.A., as Administrative Agent for the lenders, BofA Securities, Inc.,
as joint lead arranger and sole bookrunner, and Barclays Bank PLC and KeyBank
National Association, as joint lead arrangers, as amended by the First Amendment
thereto dated July 8, 2022, and used the proceeds to fund a portion of the
purchase price of the Momentum Acquisition, with the remainder funded with a
combination of cash on hand and borrowings under the Company's revolving credit
facility.

On July 26, 2022, the Company issued a press release announcing the closing of
the Momentum Acquisition. A copy of the press release is attached as Exhibit
99.1 and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.                                  Description

99.1                Press release dated July 26, 2022.

104               Cover Page Interactive Data File (embedded within the Inline XBRL
                  document).



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