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Viper Energy to Expand Permian Basin Footprint

The acquisition totals roughly 7,300 net royalty acres.

United statesAlfredo matteraWarwick capital partners coViper energy partnersDiamondback energy incEnergy capitalWarwick capital partnersPermian basinMidland basinViper general partnerNorthern midland basinCapital partners co founderManaging partner alfredo matteraOil and gas petroleum news events stories articles analysis commentary headlines stocks finance commodities maps pictures

$1B oil and gas deal coming in Permian Basin despite slight dip in forecast oil production

For the assets, Viper agreed to pay $750 million along with 9.02 million in common stock units, totaling more than $1 billion in cash and stock.

United statesNew mexicoMark vanryStephen prattAlfredo matteraEnergy information administrationDiamondback energyChicago mercantile exchangeViper energyPermian basinWarwick capital partnersMidland basinDelaware basinTexas new mexicoTravis sticeManaging partners alfredo mattera

$1B oil and gas deal coming in Permian Basin amid dip in production

For the assets, Viper agreed to pay $750 million along with 9.02 million in common stock units, totaling more than $1 billion in cash and stock.

United statesNew mexicoAlfredo matteraGabe vasquezMark vanryStephen prattChicago mercantile exchangeViper energyEnergy information administrationDiamondback energyCarlsbad caverns national parkPermian basinWarwick capital partnersCarlsbad caverns nationalMidland basinDelaware basin

2023-09-05 | NDAQ:VNOM | Press Release | VIPER ENERGY PARTNERS LP

(2023-09-05 | NDAQ:VNOM) Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Announces Acquisition

United statesAdam lawlisAlfredo matteraWarwick closecurlyquoteKen willeyAusten gilfillianExchange commissionKirkland ellisViper energy partnersDiamondback energy incCompany closecurlydoublequoteEnergy capitalCompany closecurlyquoteExchange commission closecurlyquoteAkin gump strauss hauer feldDiamondback energy

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc , Announces Acquisition

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc , Announces Acquisition
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United statesBaden wübergKen willeyAdam lawlisAlfredo matteraAusten gilfillianDiamondback energy incExchange commissionEnergy capitalViper energy partnersAkin gump strauss hauer feldKirkland ellisDiamondback energyWarwick capital partnersPermian basinMidland basin