Parsley Energy, Inc. (NYSE:PE) acquired mineral interests in Southern Delaware basin for $42.8 million in the fourth quarter of 2016. In a related transaction, Parsley Energy entered into an agreement to acquire certain undeveloped acreage and producing oil and gas properties in Midland and Southern Delaware Basin for approximately $610 million. Parsley Energy, Inc. (NYSE:PE) completed the acquisition of mineral interests in Southern Delaware basin in the fourth quarter of 2016.