Diamondback Energy, an oil and natural gas E&P with 142 wells in west Texas, registered with the SEC on Tuesday for a $50 million US IPO. The company was formed in December 2011 by private equity firm Wexford Capital and will inherit all equity interests in Windsor Permian LLC, which will become a subsidiary of Diamondback. Windsor Permian booked $43 million in sales for the twelve months ended 9/30/2011.
Diamondback Energy plans to list on the NASDAQ under the symbol FANG. Underwriters were not announced.
