U.S.-based Kinetik Holdings Inc. (KNTK) has announced a series of transactions aimed at expanding its operations in New Mexico and increasing its presence across the North Delaware Basin.Acquisition of Durango Permian LLCKinetik has entered into an agreement to acquire Durango Permian LLC, expanding its footprint in Eddy and Lea Counties, New Mexico. The acquisition is valued at $765 million in cash and equity, including up to $75 million contingent upon capital cost for the Kings Landing complex. The Kings ...