Diamondback Eyes $5B Acquisition of Double Eagle in Permian Basin
Diamondback Energy, Inc. FANG, a prominent U.S. oil player, is reportedly in discussions to acquire Double Eagle, a West Texas crude producer. This potential acquisition...
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Independent oil and gas company focused on Permian Basin
doubleeagledevelopment.comLast updated
Diamondback Energy, Inc. FANG, a prominent U.S. oil player, is reportedly in discussions to acquire Double Eagle, a West Texas crude producer. This potential acquisition...
FORT WORTH, Texas & HOUSTON--(BUSINESS WIRE)--EnCap Investments L.P. ("EnCap") and the team behind the Double Eagle family of companies ("Double Eagle") announced today that they...
The expansion of capital will provide for acceleration of Double Eagle’s core strategy of acquiring and developing top-tier, accretive drilling opportunities in the Permian Basin.
“As a result, Diamondback expects ... this accelerated development plan.” · Diamondback also said it plans to sell $1.5 billion of non-core assets to accelerate...
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