Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P
Green Car Congress
AUGUST 22, 2023
In the Delaware Basin, the acquisition adds approximately 56,000 net acres of high-quality, stacked-pay reservoirs, largely offset to Permian Resources’ existing acreage in Lea and Eddy Counties. Permian Resources expects to realize significant DC&F savings in the Delaware Basin through improved efficiencies and lower cost structure.
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