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Bloomberg: Jagged Peak to consider bolt-on Permian acquisitions

Published 12/13/2018, 08:22 AM
Updated 12/13/2018, 08:22 AM
© Reuters.  Bloomberg: Jagged Peak to consider bolt-on Permian acquisitions
  • Jagged Peak Energy (NYSE:JAG) is considering expanding its footprint in the Permian Basin and is working with an adviser to pursue bolt-on acquisitions, Bloomberg reports.
  • JAG operates entirely in the Permian, with its acreage located in the southern portion of the region’s Delaware Basin, and is looking at several potential acquisition targets, according to the report.
  • CEO James Kleckner said last month that JAG is seeking partners for its Big Tex acreage in Pecos County, Tex., and hopes to have “clarity on that arrangement ahead of year-end.”
  • Now read: Jagged Peak Energy 2018 Q3 - Results - Earnings Call Slides


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