PARSLEY ENERGY, INC. (NYSE:PE) Files An 8-K Regulation FD Disclosure
Regulation FD Disclosure.
On December 19, 2018, Parsley Energy, Inc. (the “Company”) issued a news release announcing a preliminary outlook of the Company’s 2019 development program. A copy of the news release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information furnished in this Item 7.01 (including the exhibit) shall not be deemed to be “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and is not incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
Financial Statements and Exhibits.
Parsley Energy, Inc. Exhibit
EX-99.1 2 a2019outlook.htm EXHIBIT 99.1 Exhibit Exhibit 99.1NEWS RELEASEPARSLEY ENERGY PROVIDES PRELIMINARY 2019 OUTLOOKAUSTIN,…
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About PARSLEY ENERGY, INC. (NYSE:PE)
Parsley Energy, Inc. is an independent oil and natural gas company. The Company is focused on the acquisition, development and exploitation of unconventional oil and natural gas reserves in the Permian Basin. The Permian Basin is located in West Texas and Southeastern New Mexico and comprises over three primary sub-areas: the Midland Basin, the Central Basin Platform and the Delaware Basin. The Company’s properties are primarily located in the Midland and Delaware Basins and its activities have been focused on the vertical development of the Spraberry, Wolfberry and Wolftoka Trends of the Midland Basin. The Company’s vertical wells in the Permian Basin are drilled into stacked pay zones that include the Spraberry, Wolfcamp, Upper Pennsylvanian (Cline), Strawn, Atoka and Mississippian formations. The Company splits its assets into over four areas, including the Midland Basin-Core, Midland Basin-Tier I, Midland Basin-Other and Southern Delaware Basin.