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February 20, 2014
06:01 EDTFANGDiamondback Energy to acquire additional working interest in Midland basin
Diamondback Energy announced the company has entered into a definitive purchase agreement to acquire an additional 1,858 net leasehold acres in Martin County, Texas, representing a 28.8% working interest, for approximately $114.3M, subject to certain adjustments. On Tuesday, February 18, the company announced that it had entered into definitive purchase agreements to acquire 6,450 gross acres in Martin County for approximately $174M and that under the terms of the existing joint operating agreement the company had made offers to the remaining working interest owners to acquire their interests in the acreage for the same proportionate price. As a result of the additional purchase announced today, Diamondback has now entered into definitive agreements to acquire an aggregate of 4,683 net acres, representing a 72.6% working interest, for an aggregate purchase price of $288.3M, subject to certain adjustments.
News For FANG From The Last 14 Days
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November 24, 2014
07:30 EDTFANGSterne Agee to hold a conference
4th Annual Philadelphia SMID Cap Conference is being held in Philadelphia on November 24.
November 14, 2014
07:32 EDTFANGHayman Capital gives quarterly update on stakes
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November 12, 2014
09:21 EDTFANGOn The Fly: Pre-market Movers
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08:58 EDTFANGDiamondback Energy 2M share Spot Secondary priced at $65.10
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November 11, 2014
16:15 EDTFANGDiamondback Energy files to sell 2M shares of common stock for holders
Credit Suisse Securities is acting as sole book-running manager for the offering.

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