Deal Insight
Diamondback Energy adds further Midland Basin assets in US$538 million deal
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Report summary
With the acquisition, Diamondback is executing on its stated strategy to build its Permian position with oil-weighted assets. The company has been actively acquiring acreage located primarily in the Deep Basin sub-play of the Midland Basin, having amassed approximately 28,000 net acres via three separate transactions since August 2013.
Table of contents
- Executive summary
- Upstream assets
- Deal analysis
- Strategic rationale
- Oil & gas pricing and assumptions
Tables and charts
This report includes 2 images and tables including:
- Wolfcamp sub-play areas
- Oil & gas pricing and assumptions: Table 1
What's included
This report contains:
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