Summary
Diamondback Energy, Inc. (FANG) filed an amendment to its Current Report on Form 8-K, providing crucial financial details related to its previously disclosed acquisitions of leasehold interests in Martin County, Texas. This amendment fulfills the reporting requirements for the acquisition by including the financial statements of the acquired entities (Henry Group Properties and Lime Rock Properties) for the year ended December 31, 2013, along with unaudited pro forma condensed combined financial statements. Investors should review these financials to understand the financial impact and historical performance of the assets acquired by Diamondback.
Key Highlights
- 1This filing is an amendment to a previous 8-K, providing required financial statements for acquisitions.
- 2Diamondback Energy (FANG) acquired additional leasehold interests in Martin County, Texas.
- 3The acquired assets are located in the Permian Basin.
- 4Financial statements for Henry Group Properties (carve-out) for the year ended Dec 31, 2013, are included.
- 5Financial statements for Lime Rock Properties (carve-out) for the year ended Dec 31, 2013, are included.
- 6Unaudited pro forma condensed combined financial statements for the year ended Dec 31, 2013, are provided.
- 7The amendment ensures compliance with SEC reporting requirements for acquisitions.