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The investments follow a flurry of deals in the region, including DiamondBack Energy Inc.'s purchase of properties in the Delaware Basin from Natural Gas Partners-backed Luxe Energy for $560 million.
Earlier this year, dozens of cash-squeezed oil producers announced billions of dollars of planned asset sales. Problem is, nobody was interested. Now, seemingly everyone is.
Barclays hiked its price target on PDC Energy (PDCE) stock following its entry into the Delaware basin.
PDC Energy makes a 'game-changing' land acquisition.