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Permian Resources Expands Delaware Basin Position with $608M APA Deal

Oil Gas Leads

enhancing its footprint in New Mexico’s northern Delaware Basin. The deal adds ~13,320 net acres and 8,700 net royalty acres to PR’s core position in Eddy County , boosting near-term production and providing long-term development upside. Permian Resources Corp. (PR) PR) has announced a $608 million bolt-on acquisition from APA Corp.

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$608MM Deal: Is Permian Resources Quietly Becoming the Top Operator in the Delaware Basin?

Rextag

Permian Resources Corporation, a leading pure-play operator in the Delaware Basin, has reported strong first-quarter 2025 financial and operational results and announced a strategic bolt-on acquisition of APA Corporations Northern Delaware Basin assets for $608 million. bbl Natural gas: $1.35/Mcf Mcf NGLs: $23.90/bbl

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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

The combined company becomes the largest Canadian light oil focused producer and the seventh largest producer in the Western Canadian Sedimentary Basin, with significant natural gas growth potential. The Board of Directors will consist of eleven members, made up of seven directors from Whitecap and four directors from Veren. billion 1.