Diamondback Energy acquires Ajax Resources assets in Midland Basin Midland-based Diamondback Energy said Wednesday it is acquiring all leasehold interests and related assets of Ajax Resources in northern Midland Basin for $900 million in cash and 2.58 million shares of Diamondback common stock. (Read more…)
Diamondback is active in Reeves County as well… planning expanded drilling activities along FM 869 and County Road 336 from Hwy 17 to FM 2903.