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1. 2 Texas Oil Producers to Merge As the Industry Consolidates.

Author

WEISE, KAREN and Reed, Stanley

Subjects
*PETROLEUM, *HORIZONTAL wells, *POWER resources, *OIL fields
Abstract

The article focuses on a 26 billion U.S. dollar deal between two major Texas oil producers, Diamondback Energy and Endeavor Energy Resources, marking a significant consolidation in the U.S. energy industry, with Diamondback's shareholders set to own around 60 percent of the combined company.

Published
2024

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