Diamondback Energy acquires Ajax Resources


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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 FM869 and County Road 336 from Hwy 17 to FM2903.

ol’ Lawrence in Verhalen