Diamondback Reveals $313-Million Midland Bolt-On Acquisition

摘要

DIAMONDBACK ENERGY INC.recently revealed another acquisition that was too good for the Midland,Tex-as-based company to pass up,despite an already blockbuster quarter of M& A activity.Building on its track record of growth within cash flow,Diamondback said in its Nov.6 earnings release that it closed additional tack-on acquisitions in the northern Midland Basin during the third quarter for $312.5 million.