AUSTIN, Texas, Aug. 15, 2016 /PRNewswire/ -- Parsley Energy, Inc. (PE) ("Parsley Energy," "Parsley," or the "Company") today announced that it has entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties in Glasscock County, Texas, as well as associated mineral and overriding royalty interests, for an aggregate purchase price of $400 million in cash, subject to customary closing conditions. Parsley intends to finance this acquisition through debt and equity issuances announced concurrently with the acquisition.
http://finance.yahoo.com/news/parsley-e ... 00954.html
Parsley Energy getting bigger
Parsley Energy getting bigger
Dan Steffens
Energy Prospectus Group
Energy Prospectus Group