Verde clean fuels, inc. and cottonmouth ventures llc announce joint development agreement for a proposed natural gas-to-gasoline facility in permian basin

Houston--(business wire)--verde clean fuels, inc. (nasdaq: vgas) (“verde” or the “company”) and cottonmouth ventures llc, a subsidiary of diamondback energy (nasdaq: fang) (“diamondback”), today announced that the parties have executed a joint development agreement (“jda”) for the proposed development, construction, and operation of a facility to produce commodity-grade gasoline utilizing associated natural gas feedstock supplied from diamondback's operations in the permian basin. the jda provi.
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