Permian Resources
Permian Resources is an independent oil and natural gas company specializing in the acquisition, optimization, and development of liquids-rich natural gas assets in the heart of the Permian Basin. The company operates primarily in West Texas and New Mexico, focusing on large, contiguous acreage blocks. Its business model revolves around delivering sustainable returns to shareholders by efficiently developing its asset base while maintaining a conservative financial strategy.
Earthstone Energy
Acquisition in 2023
Earthstone Energy is an independent oil and natural gas development and production company focused on the acquisition, development, exploration, and production of onshore crude oil and natural gas reserves in the United States. The company primarily operates in the upstream segment of the oil and natural gas industry, with a significant asset portfolio that includes key areas in the Midland Basin of West Texas and the Eagle Ford trend of South Texas. In addition to its core operations, Earthstone Energy is engaged in corporate mergers and the acquisition of oil and natural gas properties, enhancing its reserve portfolio and operational capacity.
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