Announced
Financials
Sources
Tags
Domestic
Acquisition
Private
Single Bidder
Friendly
Integrated Oil and Gas
sedimentary basin
United States
Pending
Majority
Synopsis
Northern Oil and Gas, an independent energy company, agreed to acquire Permian Basin for $102m. “These deals are immediately accretive to our enterprise and all relevant per share statistics. As promised, alongside a reduction in leverage ratios, it means an acceleration of our dividend strategy to shareholders, while augmenting our inventory and growth profile,” Nick O’Grady, Northern Chief Executive Officer.
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