Civitas Resources to acquire Vencer Energy’s oil assets in $2.1bn deal
Civitas Resources is set to expand its footprint in the Midland Basin, US, with the acquisition of Vencer Energy’s oil-producing assets in a deal valued at approximately $2.1 billion. This strategic move grants Civitas Resources access to an estimated 400 gross development locations, primarily located in the Spraberry and Wolfcamp formations in west Texas. The […]