New $465 million Permian deal heats up US shale market

Agreement is the second between independent and privately-held companies this month

Heat is on: two deals in the Permian basin worth nearly $1.1 billion combined have been agreed to since the start of July — Heat is on: two deals in the Permian basin worth nearly $1.1 billion combined have been agreed to since the start of JulyPhoto: REUTERS/SCANPIX

Mark Passwaters

Houston

Published 5 July 2022, 20:22Updated 6 July 2022, 09:18

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