UPDATE 2-Diamondback to buy Energen in $9.2 bln deal to boost Permian presence
13 Aug UPDATE 2-Diamondback to buy Energen in $9.2 bln deal to boost Permian presence
Posted at 22:11h
in
News
by KMFSLLP
U.S. oil and gas producer Diamondback
Energy Inc on Tuesday agreed to buy shale rival Energen
Corp in an all-stock deal valued at $9.2 billion, giving
it an expanded footprint in the country’s largest and fastest
growing oil field.
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