Pioneer Natural Resources to Buy DoublePoint in $6.4 Billion ‘Bolt-on Acquisition’

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

Acquired the leasehold interests and related assets of DoublePoint Energy covering roughly 97,000 net acres in the Midland Basin in a cash and stock transaction that includes the assumption of $900 MM of debt and liabilities.