PBEX, LLC is a privately held oil and gas operating company focused on the acquisition, development, and exploration of oil and gas reserves in the Permian Basin. PBEX, LLC is well capitalized and has substantial acreage holdings in the Midland and New Mexico Delaware Basins. PBEX, LLC continues to focus on building and consolidating operated acreage positions primarily in the New Mexico Delaware Basin. The company has and continues to create value through strategic partnerships with industry peers, focusing on best in class development projects.