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For years, the hinterlands of the Permian Basin have suffered, yet E&Ps in the Delaware and Midland basins are returning to the periphery of the play, and many of them have something to prove—or at least prove up.
Noble Energy adds half a billion dollars in liquidity while Synergy pieces together a contiguous acreage block in its Wattenberg fairway.
A Talos-Stone leviathan would hold interests in 1.2 million gross acres with reserves of about 136 MMboe and access to Talos’ offshore Mexico prospects.