- Jagged Peak Energy (NYSE:JAG) is considering expanding its footprint in the Permian Basin and is working with an adviser to pursue bolt-on acquisitions, Bloomberg reports.
- JAG operates entirely in the Permian, with its acreage located in the southern portion of the region’s Delaware Basin, and is looking at several potential acquisition targets, according to the report.
- CEO James Kleckner said last month that JAG is seeking partners for its Big Tex acreage in Pecos County, Tex., and hopes to have “clarity on that arrangement ahead of year-end.”