Diamondback Energy Reveals $313 Million Midland Basin Bolt-on Acquisition
Transaction Type
Buyers
Basin
Permian Basin; Midland Basin
Announce Date
Post Date
Close Date
Estimated Price
$312.5MM
Description
Purchased 3,646 net leasehold acres and related assets in Martin and Andrews counties, TX, within the Northern Midland Basin; includes roughly 3,500 boe/d of current net production.