Diamondback Seeks Buyers For Permian Assets ...Middle East

Economy by : (OILPRICE) -
In a week of deal talk in the American shale patch that saw reports emerge of Exxon’s informal discussions about the potential acquisition of Pioneer Natural Resources, Diamondback energy has announced it is looking to sell its non-core assets in the Permian Basin.  Diamondback (NASDAQ:FANG) is up over 2.85% in the past five days as news of Exxon-Pioneer talks suggested that big deal-making is back in U.S. shale.  The driller is actively working with a financial adviser to find buyers for non-core assets in the western Permian,…

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