Diamondback in Talks to Buy Double Eagle for About $5 Billion
Diamondback Energy Inc. is in talks to acquire closely held oil driller Double Eagle V for about $5 billion, further expanding its position in the Permian Basin, the world’s most productive shale region, according to a person familiar with the matter.
<p>Diamondback Energy Inc. is in talks to acquire closely held oil driller Double Eagle V for about $5 billion, further expanding its position in the Permian Basin, the world’s most productive shale region, according to a person familiar with the matter.</p>