Texas-based oil and gas company Diamondback Energy has closed its previously announced cash and stock deal with Midland Basin operator FireBird Energy. As per the terms of the deal announced in October 2022, Diamondback Energy acquired all the Midland Basin leasehold interest and associated assets of FireBird Energy. The consideration includes the issuance of 5.86 […]
Diamondback Energy, a US oil and natural gas company, has signed a definitive purchase agreement to acquire all leasehold interest and associated assets of Lario Permian, a Midland Basin operator owned by Lario Oil & Gas Company, in a cash and stock transaction valued at $1.5 billion. The value of the transaction includes $850 million […]
Diamondback Energy has signed an agreement to acquire all the Midland Basin leasehold interest and related assets of FireBird Energy in a cash and stock deal. The acquisition cost consists of the exchange of 5.86 million shares of Diamondback common stock and a cash payment of $775 million. The deal allows Diamondback Energy to gain […]