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Create free account to monitor PRcentennial resource development (nasdaq:cdev) is an independent oil producer with assets in the core of the southern delaware basin, a sub-basin of the permian basin in west texas. with over 40,000 net acres and 1,350+ drilling locations primarily in reeves county, we are pursuing a growth strategy grounded in technical leadership, strong well results, attractive investment returns and a conservative balance sheet. centennial is headquartered in denver, colorado.