.
MergerLinks Header Logo

New Deal


Announced

Completed

Civitas Resources completed the acquisition of Bison Oil & Gas II for $346m.

Financials

Edit Data
Transaction Value£257m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Friendly

Acquisition

Integrated Oil and Gas

oil and gas

Private

Single Bidder

Majority

United States

Domestic

Completed

Synopsis

Edit

Civitas Resources, a natural gas liquids company, completed the acquisition of Bison Oil & Gas II, a privately held Denver-Julesburg Basin operator, for $346m. “Civitas continues to demonstrate its commitment to delivering unprecedented value to all of its stakeholders. We firmly believe that the company is well positioned to continue successfully executing its business plan, with a clear objective of identifying and executing on the highest value-accretive consolidation opportunities," Ben Dell, Civitas Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US