Announced
Completed
Synopsis
FireBird Energy, an oil and gas exploration company, completed the acquisition of the midland basin assets of Chevron, an energy company. Financial terms were not disclosed. "This transaction will be our second major acquisition as we continue to advance our consolidation strategy and enhance our Western Midland Basin footprint with additional scale. The acquisition of these high-margin, oil-weighted assets is a complementary addition to our acreage footprint, production, and cash flow base. We expect to benefit from additional operating synergies when production operations are combined with our base asset," Travis F. Thompson, FireBird CEO.
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