Wednesday, 21 June 2023 01:02
US M&A activity continues for Permian Basin assets as Civitas Resources makes entry with deals worth $4.7Bln
Civitas Resources Inc., the US oil and natural gas company headquartered in Denver, has made a “transformative” entry into the Permian Basin by acquiring assets of two companies for $4.7 billion with a mixture of debt, stock and cash in the latest round of merger and acquisition activity in the sector.
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