Tag: Parsley Energy
Parsley Energy grows wild in Permian Basin of West Texas
Last month, Parsley paid US$19,800 per acre for additional Midland basin acreage Following last month’s acquisition of nearly 18,000 net acres in the Midland basin, Parsley Energy this week purchased Double Eagle Energy’s assets, adding 71,000 net acres with 3.6 mboe/d of production, according to Wood Mackenzie. The addition of these assets will nearly double […]
Mexco Energy announces sale of Permian acreage to Parsley Energy
Mexco Energy Corporation, based in Midland, Texas, announced the sale of certain oil and gas properties in Glasscock County, Texas. Mexco received approximately $2.187 million in cash from a sale of working interests to Parsley Energy, Inc. covering 50 net acres located in Glasscock County, Texas in the horizontal Wolfcamp trend of the Permian Basin in […]
Parsley Energy announces Midland Basin acquisition
Est. net production of 1,000 barrels of oil equivalent per day during Nov. from 3 horizontal wells in Midland Basin AUSTIN, Texas – Like many oil and gas companies struggling in a low price environment, Parsley Energy, Inc. is expanding operations in the most prolific American shale play, the Permian Basin. Parsley Energy, Inc. (NYSE: PE) says […]
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