Civitas Resources: The Acquisitions Continue
CIVICivitas Resources(CIVI) seekingalpha.com·2024-05-21 20:30

bjdlzx Civitas Resources (NYSE:CIVI) came from the original merger of Bonanza Creek and Extraction Oil and Gas, with another merger hot on the heels of the combination. A previous article went into all the details. Now the company has expanded its presence in the Permian with yet another couple of mergers: " Civitas closed its previously-announced acquisition of certain oil and gas assets in the Midland Basin from Vencer Energy, LLC ("Vencer Energy") in January 2024 and assumed operatorship ahead of schedul ...