Civitas Resources sets foot in Permian Basin with $4.7bn twin acquisition
In a massive $4.7 billion agreement, Denver-based energy company Civitas Resources expands its oil-producing assets into the Permian Basin in the US. The purchase involves acquiring assets in the Midland and Delaware Basins from affiliates of Hibernia Energy III and Tap Rock Resources, both portfolio companies under NGP Energy Capital Management. The deals, set to […]