Announced
Completed
Financials
Tags
Acquisition
Single Bidder
Friendly
United States
Private
Domestic
oil and natural gas exploration
Integrated Oil and Gas
Majority
Completed
Synopsis
Crescent Energy, an independent energy company, completed the acquisition of Western Eagle Ford assets of Mesquite Energy, an independent oil and natural gas exploration and production company, for $600m. “We continue to execute on our long-term strategy, which includes opportunistically growing our footprint in the Eagle Ford through accretive M&A while maintaining financial strength and enhancing our capital markets presence. These transactions demonstrate our continued focus on delivering long-term value to investors through increased scale and improved trading liquidity,” David Rockecharlie, Crescent CEO.
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