Vital Energy to Expand Delaware Basin Position Through Bolt-on Acquisition
Northern Oil and Gas(NOG) Newsfilter·2024-07-29 06:00
TULSA, OK, July 28, 2024 (GLOBE NEWSWIRE) -- Vital Energy, Inc. (NYSE:VTLE) ("Vital Energy" or the "Company") today announced the signing of a definitive joint purchase and sale agreement to acquire the assets of Point Energy Partners ("Point"), a Vortus Investments portfolio company. The transaction will significantly increase the Company's operational scale and footprint in the Delaware Basin and add high-value development inventory. The agreement was signed in partnership with Northern Oil and Gas, Inc. ...