Tag: Permian Basin

Kimbell Royalty Partners wraps up $455m asset purchase in Permian Basin and Mid-Continent

businessnewstoday- September 17, 2023

Kimbell Royalty Partners, LP (NYSE: KRP), a leading player in oil and gas mineral and royalty interests, has successfully closed its $455 million acquisition of ... Read More

Viper Energy Partners to acquire major mineral interests in $750m deal to boost production and returns

businessnewstoday- September 6, 2023

Viper Energy Partners LP (NASDAQ:VNOM), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG), has entered into a definitive agreement to acquire valuable mineral and royalty interests ... Read More

Permian Resources announces $4.5bn acquisition of Earthstone Energy

businessnewstoday- August 21, 2023

In a strategic move set to reshape the energy landscape, Permian Resources Corporation (NYSE: PR) announced an all-stock transaction to acquire Earthstone Energy, Inc. (NYSE: ... Read More

Ring Energy secures Founders Oil & Gas Central Basin Platform assets to boost Permian Basin position

businessnewstoday- August 19, 2023

Ring Energy, Inc. (NYSE American: REI), a key player in the energy sector, has successfully concluded its highly anticipated acquisition of Founders Oil & Gas ... Read More

Chevron locks in $7.6bn PDC Energy buyout to strengthen US basin footprint

businessnewstoday- August 8, 2023

Chevron Corporation (NYSE: CVX) has solidified its hold in the U.S. basins by successfully finalizing the acquisition of PDC Energy, Inc. (NASDAQ: PDCE) at a ... Read More

Civitas Resources sets foot in Permian Basin with $4.7bn twin acquisition

businessnewstoday- June 21, 2023

In a massive $4.7 billion agreement, Denver-based energy company Civitas Resources expands its oil-producing assets into the Permian Basin in the US. The purchase involves ... Read More

Earthstone Energy to acquire Novo Oil & Gas in strategic Delaware Basin expansion

businessnewstoday- June 18, 2023

Earthstone Energy has inked an agreement to purchase Novo Oil & Gas Holdings, a private exploration and production (E&P) company focused on the Delaware Basin, ... Read More

BCP Resources acquires 16 Permian Basin fields from Chord Energy

businessnewstoday- June 9, 2023

BCP Resources, a Midland-based operator, has completed the acquisition of assets from a wholly-owned subsidiary of Chord Energy Corporation, which encompasses 16 fields located in ... Read More

Vital Energy to acquire Midland Basin operator Driftwood Energy Operating

Raghuram Kadari- February 16, 2023

Vital Energy (formerly Laredo Petroleum), an Oklahoma-based oil and gas company, will acquire the Permian Basin-focused Driftwood Energy Operating in a cash-stock deal. Under the ... Read More

Diamondback Energy to acquire Midland Basin operator Lario Permian

Raghuram Kadari- November 17, 2022

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 ... Read More