Jagged Peak

Permian Consolidation Continues As Parsley Completes $2.3B Jagged Peak Merger

Permian Consolidation Continues As Parsley Completes $2.3B Jagged Peak Merger

Parsley Energy Inc. on Friday announced the completion of its $2.27 billion acquisition of fellow Permian Basin pure-play Jagged Peak Energy Inc., which is backed by Houston-based private equity firm Quantum Energy Partners.

January 13, 2020
Permian’s Parsley, Jagged Peak to Tie Up in $2.27B Merger

Permian’s Parsley, Jagged Peak to Tie Up in $2.27B Merger

Permian Basin explorer Parsley Energy Inc. on Monday agreed to buy private equity-backed Jagged Peak Energy Inc. in an all-stock transaction valued at $2.27 billion.

October 14, 2019