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Permian Mania Continues With SM Energy's Purchase Of Properties From QStar For $1.6B

Permian mania continues in the oil and gas sector, with SM Energy Co. (NYSE:SM) agreeing to pick up properties in the basin from EnCap Investments LP-backed QStar LLC for $1.6 billion. The deal - which includes$1.1 billion in cash and 13.4 million shares of stock - involves35,700 net acres in Howard [...]
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