PARSLEY ENERGY, INC. (NYSE:PE) Files An 8-K Results of Operations and Financial Condition
Item 2.02
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Results of Operations and Financial Condition
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its financial and operating results for the three months ended
March 31, 2017. A copy of the Companys news release is furnished
as Exhibit 99.1 to this Current Report on Form 8-K.
not be deemed to be “filed” for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (“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 (the “Securities Act”), or the Exchange
Act.
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Item 7.01
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Regulation FD Disclosure.
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first>quarter presentation on the Companys website,
www.parsleyenergy.com.
to be “filed” for purposes of Section 18 of 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 or the Exchange Act.
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Item 9.01
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Financial Statements and Exhibits.
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Exhibit No.
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Description
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99.1
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News Release, dated May 4, 2017, titled “Parsley Energy
Announces First Quarter 2017 Financial And Operating Results; Raises Production Guidance and Lowers Unit Cost Estimates.” |
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. PARSLEY ENERGY, INC. (NYSE:PE) Recent Trading Information
PARSLEY ENERGY, INC. (NYSE:PE) closed its last trading session down -1.14 at 29.04 with 4,581,652 shares trading hands.
