Diamondback Energy to Acquire Lario Permian for $1.55 Billion

Transaction Type
Permian Basin; Midland Basin
Announce Date
Post Date
Estimated Price

To acquire all leasehold interest and related assets of Lario Permian, adding approximately 25,000 gross (15,000 net) acres and over 150 gross locations in the core of the northern Midland Basin in Martin and Midland counties, TX. (Expected to close January 2023)