Concho Scratches Delaware Itch Again

摘要

IN CONCHO RESOURCES INC.'s fourth acquisition of the year, the Midland, Texas-based company said Nov. 21 that it agreed to buy 16,400 net northern Delaware Basin acres as the follow-up to its $1.6-billion Midland Basin deal in October. The $430-million bolt-on acreage shores up the company's leasehold position in the northern Delaware Basin, allowing for longer laterals.