These transactions solidify Kinetik's position in New Mexico and consolidate its value proposition as a pure- play midstream company within the Delaware Basin. U.S.-based Kinetik Holdings Inc. (KNTK) has announced a series of transactions aimed at expanding its operations in New Mexico and increasing its presence across the North Delaware Basin. Acquisition of Durango Permian LLC Kinetik has entered into an agreement to acquire Durango Permian LLC, expanding its footprint in Eddy and Lea Counties, New Mexic ...