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Diamondback Energy adds further Midland Basin assets in US$538 million deal

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23 July 2014

Diamondback Energy adds further Midland Basin assets in US$538 million deal

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

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  • Document

    Diamondback Energy adds further Midland Basin assets in US$538 million deal

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