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 (BCEI.N) and Extraction Oil & Gas Inc closes and is expected to have an enterprise value of about $4.5 billion.
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June 07, 2021 at 07:20PM
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Civitas Resources to buy oil and gas producer Crestone Peak Resources - Reuters
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