Parsley Energy Continues Swift Growth with Permian Basin Acquisitions
Parsley Energy Continues Swift Growth with Permian Basin Acquisitions
SUGAR LAND--October 10, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Parsley Energy (NYSE:PE) (Austin, Texas) is the proud owner of newly acquired property in the horizontal Wolfcamp trend of the Permian Basin, located in West Texas' Glasscock County. The company bought the oil and gas properties for roughly $2.19 million in cash from Mexco Energy Corporation (Midland, Texas), an independent company that acquires, explores and develops oil and gas properties. Industrial Info is tracking $290 million in active projects involving Parsley, an independent oil and natural gas company focused on the Permian.
Within this article: Details on some of the highest-valued drilling projects in the Wolfcamp and Spraberry trends in the Permian Basin.
Other companies featured: Energy Transfer Partners LP (NYSE:ETP), Diamondback Energy Incorporated (NASDAQ:FANG)
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