Announced
WaterBridge failed to acquire Southern Delaware Basin assets of Centennial Resources.
Financials
Transaction Value£116m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-
Tags
drilling services
United States
oil exploration
Acquisition
Private
Domestic
Friendly
Offshore Drilling and Other Services
Majority
Failed
Single Bidder
Private Equity
Synopsis
Centennial Resource, an oil exploration company, terminated its $225m disposal of Southern Delaware Basin assets to WaterBridge Holdings, a hydrocarbon exploration company.
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