Diamondback Buys $100 Million Permian Acreage, But Bigger Deals Elusive

Darren Barbee

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Diamondback Buys $100 Million Permian Acreage, But Bigger Deals Elusive

机译：钻石背上买了1亿美元的多人面积，但更大的交易难以捉摸

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Diamondback Energy Inc. (NASDAQ: FANG) cobbled together more than 1,000 net acres and more than 950 net royalty acres at an attractive price but CEO Tra-vis Stice said Nov. 7 that larger tier-one Permian Basin assets remain out of stock. Diamondback said it acquired the leasehold and mineral acreage for $102 million during third-quarter 2017. The royalty acres will likely be dropped down to Viper after commencing active devel- opment in 2018, the company said.

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《A&D watch weekly》 |2017年第46期|共3页
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Darren Barbee;
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4. Diamondback Buys $100 Million Permian Acreage, But Bigger Deals Elusive [J] . Darren Barbee A&D watch weekly . 2017,第46期

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Diamondback Buys $100 Million Permian Acreage, But Bigger Deals Elusive

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