Kaes Van’t Hof, CFO and executive vice president of business development at Diamondback Energy, sat down with Jessica Morales at the recent DUG Permian Basin conference in Fort Worth.
Van’t Hof took time to explain why he thinks some M&A deals have been slow and why that will pick up soon, especially following the Chevron and Anadarko deal. He also serves as president of Viper Energy Partners, a minerals-focused subsidiary of Diamondback.
When asked what independents in the Permian need to be mindful of knowing that some majors have big plans in the basin, Van’t Hof said: “You have to be mindful of the scale that those majors can bring to the basin.”
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