“The Double Eagle team is uniquely positioned to execute on its growth strategy in the absolute core of the Midland Basin,” Magnetar partner Eric Sheyer said.
Double Eagle Energy Permian was formed when Double Eagle Energy Lonestar and Veritas Energy
Partners combined their holdings in the Midland basin earlier this year.
The company now holds a little more than 60,000 net acres in Midland, Martin, Howard, Glasscock, Upton and Reagan counties.
Double
