Permian Resources Announces Closing of Bolt-On Acquisition of Core Delaware Basin Assets
18 Septembre 2024 - 12:00AM
Business Wire
Permian Resources Corporation (“Permian Resources” or the
“Company”) (NYSE: PR) today announced the closing of its previously
announced acquisition of certain leasehold and royalty interests
and related midstream infrastructure from Occidental (NYSE: OXY).
The acquired assets consist of ~29,500 net acres, ~9,900 net
royalty acres and substantial midstream infrastructure primarily
located offset the Company’s existing position in Reeves County,
Texas.
About Permian Resources
Headquartered in Midland, Texas, Permian Resources is an
independent oil and natural gas company focused on the responsible
acquisition, optimization and development of high-return oil and
natural gas properties. The Company’s assets and operations are
concentrated in the core of the Delaware Basin, making it the
second largest Permian Basin pure-play E&P. For more
information, please visit www.permianres.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240917919879/en/
Hays Mabry – Vice President, Investor Relations (432) 315-0114
ir@permianres.com
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