Land Buyers Stampede Into Texas Oil Patch.

The article offers information on the increase of land buyers in Texas, and the move of investors on Permian Basin, a sedimentary basin in the western part of the U.S. state of Texas, due to its potential for oil. Topics mentioned include the investment made by private equity company Blackstone Group in a pair of drilling deals in the region, the recovery in oil and gas prices, and the fund paid for U.S. onshore drilling properties in the Basin.