Oil Drillers Parsley, Concho Add to Permian Shale Holdings

Updated on
  • Parsley share issuance to dilute holders by about 5 percent
  • Per-acre prices are similar to what SM agreed to pay last week

Parsley Energy Inc. and Concho Resources Inc. announced shale acquisitions in the biggest U.S. oil field that will be financed with new stock sales.

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