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HomeCivitas Resources

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Exploration and Production

Exclusive: Civitas Resources nears $5 billion deal to expand into Permian

June 20, 2023 Mariel Alumit

June 19 (Reuters) – Civitas Resources Inc (CIVI.N) is nearing a deal to acquire oil and gas operations in the Permian basin from private equity firm NGP Energy Capital Management LLC for close to $5 billion, including […]

Oil and gas
US Energy News

Oil and gas drilling plan OK’d for 55 square miles in Aurora, including area where 12,500 homes are planned

November 3, 2022 Mariel Alumit

Asprawling plan to develop a total of 151 oil and gas wells on 20 sites in the still rural, but quickly developing northeastern edge of the City of Aurora was approved Wednesday by the Colorado […]

Civitas-Crestone Peak DJ Basin Holdings -
Finance

DJ Basin’s Future King Civitas Looking to Complete Extraction, Crestone Mergers Before Year’s End

August 21, 2021 Stu Turley

Colorado’s biggest oil and gas producer appears on track to complete its dominance of the Denver-Julesburg (DJ) Basin before year’s end, the CEO of Bonanza Creek Energy Inc., soon to be Civitas Resources Inc., said earlier this […]

Finance

KKR Seeks More Shale Deals After $5.7 Billion Contango Merger

June 8, 2021 Stu Turley

KKR  & Co. is building a shale-oil acquisition vehicle with the $5.7 billion combination of two little-known explorers. The buyout firm’s Independence Energy will merge with Contango Oil & Gas Co. in an all-stock deal that will be used […]

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