Diamondback nears $5 billion deal to buy drilling portfolio from Double Eagle, FT says
Today 18:49
Diamondback nears $5 billion deal to buy drilling portfolio from Double Eagle, FT says Nov 15 (Reuters) - Diamondback Energy FANG.O is nearing a roughly $5 billion deal to acquire a drilling portfolio from Double Eagle, expanding its footprint in the oil-rich Permian Basin in Texas, the Financial Times reported citing people familiar with the matter.
Reuters could not immediately verify the report.
(Reporting by Sumedha Mukherjee in Bengaluru; Editing by Andrea Ricci)
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See all newsDiamondback nears $5 billion deal to buy drilling portfolio from Double Eagle, FT says (updated)
Diamondback nears $5 billion deal to buy drilling portfolio from Double Eagle, FT says
Brief: Diamondback Nears $5 Billion Deal To Expand Drilling In Oil-Rich Permian Basin - FT
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