EOG Resources Inc. (NYSE: EOG) wrapped up its $2.5 billion “bolt-on” acquisition of Yates Petroleum Corp., significantly increasing the E&Ps’ profile in the Permian Basin, Powder River Basin and emerging Northwest Shelf plays.

The deal vaults EOG into the top 10 Permian acreage holders, creating a 424,000 net acre position in the Delaware Basin as well as additional acreage in the Northwest Shelf of New Mexico.

On Oct. 4, EOG disclosed in U.S. Securities and Exchange Commission filings that it closed its Yates acquisition.

The deal consists of about $2.4 billion in stock, $16 million in cash and the absorption of $100 million in Yates’ debt.

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