NasdaqGS:FANGOil and Gas
Diamondback Energy (FANG) Expands Permian Footprint With Viper Riverbend Royalty Deal
Viper Energy, a subsidiary of Diamondback Energy, has completed the acquisition of mineral and royalty interests from Riverbend Oil & Gas IX.
The transaction adds to Diamondback Energy’s footprint in the Permian Basin through expanded mineral and royalty exposure.
The deal focuses on core oil producing acreage, tying future cash flows to activity across Diamondback’s operated and non operated positions.
Diamondback Energy, traded as NasdaqGS:FANG, is a Permian focused oil and gas producer,...