Diamondback To Acquire Ajax Resources For $1.2 Billion
Transaction Type
Sellers
Buyers
Basin
Permian Basin; Midland Basin
Field
Yellow Rose Field
Announce Date
Post Date
Close Date
Estimated Price
1.2BB
Description
Purchased Ajax in a cash-and-stock transaction; includes about 25,493 net leasehold acres in the Northern Midland Basin with more than 12,100 boe/d (88% oil) of production and 362 net identified potential horizontal drilling locations.