Permian Resources to acquire Reeves County assets from Occidental Petroleum for $817.5m
Permian Resources Corporation has announced a landmark deal to acquire approximately 29,500 net acres, including 9,900 net royalty acres, in Reeves County, Texas, and Eddy County, New Mexico. The purchase, valued at $817.5 million, will significantly expand the company’s footprint in the Delaware Basin. The transaction, set to close by the end of Q3 2024, […]