Parsley Energy Makes $2.8 Billion Permian Acreage Acquisition
February 8, 2017
Acquisition makes Parsley second largest publicly traded E&P in the Midland basin Parsley Energy (ticker: PE) announced the acquisition of 71,000 net acres in the Midland basin for $2.8 billion today, increasing its Permian acreage by 45%. The acreage will be purchased from Double Eagle Energy, a private land-centered E&P company. Including this acquisition Parsley’s total Midland basin acreage is
