Q3 2018 Diamondback Energy Inc Earnings Call
Conference Call Diamondback Energy Inc
Diamondback Energy Inc Conference call will be held on Nov 7, 2018. During the earnings conference call's session Diamondback Energy Inc will provide updated information and financial status.
Conference call is also referred to as: teleconference call or audio conference bridge. Conferencing service is provided in house or as cloud based teleconference service.
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We are an independent oil and natural gas company focused on the acquisition, development, exploration and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin in West Texas. This basin, which is one of the major producing basins in the United States, is characterized by an extensive production history, a favorable operating environment, mature infrastructure, long reserve life, multiple producing horizons, enhanced recovery potential and a large number of operators. We began operations in December 2007 with our acquisition of 4,174 net acres in the Permian Basin. At December 31, 2015, our total net acreage position in the Permian Basin was approximately 84,683 net acres. In addition, we, through our subsidiary Viper Energy Partners LP, or Viper, own mineral interests underlying approximately 46,562 gross (17,060 net) acres primarily in Midland County, Texas in the Permian Basin. Approximately 60% of these net acres are operated by us.Read more Conference Call