Diamondback in Talks to Buy Double Eagle for About $5 Billion
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Diamondback Energy Inc. is in talks to acquire closely held oil driller Double Eagle V for about $5 billion, further expanding its position in the Permian Basin, the world’s most productive shale region, according to a person familiar with the matter.
Diamondback Energy Inc. is in talks to acquire closely held oil driller Double Eagle V for about $5 billion, further expanding its position in the Permian Basin, the world’s most productive shale region, according to a person familiar with the matter.
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