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Permian Resources expands in New Mexico with $175 mln deals (www.naturalgasworld.com)

submitted 9 months ago by [email protected] to c/[email protected]

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Permian Resources executed two transactions worth $175 million to buy acreage in New Mexico, the oil and gas firm said on Tuesday. The company has acquired about 11,500 net leasehold acres and 4,000 net royalty acres located in Eddy County from undisclosed third-parties.

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