Vital Energy, Northern Oil and Gas Buy Point Energy Shale Assets for $1.1 Billion

(Reuters) – Vital Energy and Northern Oil and Gas  will jointly acquire U.S. shale assets from private equity-owned Point Energy Partners for $1.1 billion, the companies said on Sunday. Vital will buy an 80% stake in the Point Energy assets, located in the Delaware patch of the Permian Basin, the heart of the U.S. shale industry that … Read more