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New Deal


Announced

Completed

Crescent Energy completed the acquisition of Western Eagle Ford assets of Mesquite Energy for $600m.

Financials

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Transaction Value£482m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

Friendly

United States

Private

Domestic

oil and natural gas exploration

Integrated Oil and Gas

Majority

Completed

Synopsis

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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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