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The Energy company, Parsley Energy is moving its headquarters in Austin, Tx. The company said that one of the reasons why they opted to move in Austin is because of recruitment. The company had some negotiation leases in the Colorado Tower located in downtown Austin at the warehouse district.
The company will be the largest gas and oil company that will be based in Austin. It can bring an additional 300 jobs to the area. The company will move its 50 employees from Midland, and they will hire more once they have opened the company.