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Diamondback, Double Eagle and Permian Basin

Diamondback Expands Again With $4.1 Billion for Double Eagle

Diamondback Energy Inc. will expand in the Permian Basin after agreeing to acquire subsidiaries of closely held Double Eagle IV Midco LLC for about $4.1 billion, a significant asset boost for the top independent oil producer in North America’s most prolific shale patch.

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Diamondback Energy to expand in Permian oilfield with $4.08 billion deal

Diamondback Energy said on Tuesday it would buy certain units of EnCap Investments-backed energy producer Double Eagle in a cash-and-stock deal for about $4.08 billion, as the shale producer looks to expand its presence in the oil-rich U.

Oil · 10h

Permian consolidation continues with Diamondback’s $4-billion Double Eagle deal

EIR analyst Andrew Dittmar called the deal a priority for Diamondback “because it represents one of the last current opportunities to get a large, high-quality asset from a

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Diamondback Boosts Midland Basin Presence With $4-Billion Acquisition

Diamondback Energy has announced the acquisition of Double Eagle in a deal valued at approximately $4 billion, expanding its ...

Double Eagle IV Midco, LLC Enters Into Definitive Purchase Agreement With Diamondback Energy, Inc.

Double Eagle IV Midco, LLC ("Double Eagle") today announced that it has entered into a definitive purchase agreement to divest its equity interest in certain subsidiaries to Diamondback Energy, Inc.

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Diamondback, Double Eagle and Permian Basin

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