Permian Resources to acquire Earthstone Energy, creating a $14B Delaware Basin independent E&P
Green Car Congress
AUGUST 22, 2023
The transaction increases Permian Resources’ position in the Permian Basin by approximately 223,000 net acres to more than 400,000 net acres with pro forma production of approximately 300,000 Boe/d. Permian Resources expects to realize significant DC&F savings in the Delaware Basin through improved efficiencies and lower cost structure.
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