Diamondback Energy, Inc. (FANG) and private equity firm Five Point Energy LLC announced the formation of a new joint venture entity — Deep Blue Midland Basin LLC. With significant additional capacity ...
As per the terms, FANG inked a 15-year dedication to producing and supplying water in a 12-county area of mutual interest in the Midland Basin. FANG, which will have a 30% stake in Deep Blue, received ...
Diamondback Energy (NASDAQ:FANG) +0.6% pre-market Monday after saying it has formed a new joint venture entity with P-E firm Five Point Energy to create a water infrastructure network in the Midland ...
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