ClosedPublished 2 Jan 2024

Civitas Resources, Inc. /
Vencer Energy, LLC

Civitas Resources buys oil and gas assets from Vencer Energy

Buy side: Civitas Resources, Inc.
Buy sideCivitas Resources, Inc.
Target: Vencer Energy, LLC
TargetVencer Energy, LLC
Source · 2 Jan 2024Source-verified
Buy side: Civitas Resources, Inc.
Buy sideCivitas Resources, Inc.
Target: Vencer Energy, LLC
TargetVencer Energy, LLC
01 / BuyerCivitas Resources, Inc.
02 / TargetVencer Energy, LLC
Source-verified
01

What happened

Civitas Resources, Inc. completed its acquisition of certain oil and gas properties, interests and related assets from Vencer Energy, LLC in Texas.

The consideration included cash, shares valued at approximately $600,000,000, and a further $550,000,000 in cash payable on Jan. 3, 2025.

02

The source

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01
Source · Original source

Civitas Resources buys oil and gas assets from Vencer Energy

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Timeline

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  2. Also stated

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