Civitas Resources Inc said on Monday it would acquire oil and gas producer Crestone Peak Resources, as it looks to scale up in Colorado’s Denver-Julesburg Basin.
Civitas will be formed after the merger of Bonanza Creek Energy Inc and Extraction Oil & Gas Inc closes and is expected to have an enterprise value of about $4.5 billion.
Copyright © 2024 M&A Critique!. All pages of the Website are subject to our terms and conditions and privacy policy. You must not reproduce, duplicate, copy, sell, resell or exploit any material on the Website for any commercial purposes.We have made a sincere effort to ensure that all photographs used on this website are either freely available in the public domain or used with permission. If you believe your work is being used inappropriately, please let us know and we will address the matter immediately.
[ultimatemember form_id=140]
WhatsApp us