Diamondback Energy Acquisition of Double Eagle Assets
Sector: Oil and Gas • Location: Midland, Texas, United States
Source: Lubbock Avalanche-Journal
Diamondback Energy is set to acquire certain assets from Double Eagle for $4.08 billion, which includes 6.9 million shares of Diamondback common stock and $3 billion in cash. This acquisition aims to expand Diamondback's presence in the Midland Basin, providing access to approximately 40,000 net acres and an anticipated production of 27,000 barrels of oil per day.
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Diamondback Energy is set to acquire certain assets from Double Eagle for $4.08 billion, which includes 6.9 million shares of Diamondback common stock and $3 billion in cash. This acquisition aims to expand Diamondback's presence in the Midland Basin, providing access to approximately 40,000 net acres and an anticipated production of 27,000 barrels of oil per day. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |