Civitas Resources to Enter Permian Basin through Transformative Transactions
Highly accretive acquisitions to balance portfolio, create immediate scale, and enhance capital allocation flexibility ... | June 20, 2023
Source: marketscreener.com
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Civitas Resources enters Permian basin with $4.7 billion acquisitions
According to a company statement, the transactions will fundamentally transform Civitas into a stronger, more balanced, and sustainable enterprise with a deep inventory of high-return drilling opportunities in the heart of the Permian and DJ basins.
Source: worldoil.com
Civitas Resources shells out $4.7 bln for Permian assets
Civitas Resources said on Tuesday it would acquire oil and gas operations in the Permian Basin managed by private equity firm NGP Energy Capital Management for $4.7 billion, expanding its operations into the lucrative shale patch.
Source: naturalgasworld.com
Civitas Taking On Permian with $4.7B in Midland, Delaware Acquisitions
Denver-based Civitas Resources Inc. is expanding into the Permian Basin through a pair of debt, stock and cash-funded acquisitions valued at roughly $4.7
Source: naturalgasintel.com
Denver's Civitas Resources strikes $4.7B deal to move into Permian
Denver-based oil and gas company Civitas Resources has struck two deals totaling nearly $5 billion to move into the Permian Basin, the country's leading shale-oil play.
Source: denverpost.com