Permian Resources, based in Midland, Texas, focuses on oil and natural gas exploration, holding 407,000 net acres in the Delaware Basin and operating over 2,577 productive wells. The company, which went public in March 2016, employs 461 people.
PR has been in the news recently: Permian Resources Corporation is selling its oil and gas gathering systems in Texas to Kinetik Holdings for $180 million, which will help the company enhance its operational focus. This acquisition will also improve Kinetik Holdings' services related to natural gas and crude oil.
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