Admiral Permian Resources Closes Acquisition of 59,000 Net Acres in West Texas
Ares Management Corporation Class A (ARES)
Last ares management corporation class a earnings: 2/13 06:00 am
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Source: Business Wire
Announces New Partnership with Ares Management Private Equity Group MIDLAND, Texas--(BUSINESS WIRE)-- Admiral Permian Resources, LLC, a Midland, Texas-based independent oil and gas company focused on the acquisition and development of unconventional oil and gas reserves in the Permian Basin, announced the closing of its acquisition of leasehold interests and related assets from Three Rivers Operating Co. III LLC. This includes more than 59,000 net acres in Reeves and Culberson Counties in West Texas. The properties produced more than 15,000 net barrels of oil equivalent per day in March. In addition, funds managed by the Private Equity Group of Ares Management, L.P. (NYSE: ARES) have acquired a majority stake in Admiral. “The successful completion of our acquisition in Reeves and Culberson Counties represents the collective efforts of our team to secure a leading resource footprint in the Dela
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- 4/19/24 - Form ARS
- 4/19/24 - Form DEFA14A
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