Diamondback Energy (NASDAQ: FANG) is an independent oil and natural gas company headquartered in Midland, Texas. The company is focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. Diamondback’s activities are primarily focused on the horizontal exploitation of multiple intervals within the Wolfcamp, Spraberry, Clearfork, Bone Spring and Cline formations. For more information, visit the company’s website at www.diamondbackenergy.com.
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