Civitas CEO Eric Greager Steps Down Concurrent with $346 Million Deal

Formerly known as Bonanza Creek Energy, the company rebranded as Civitas Resources last November following a slew of acquisitions, which Eric Greager helped oversee as its president and CEO.

Civitas CEO Eric Greager Steps Down Concurrent with $346 Million Deal

On Feb. 1, Civitas Resources added to its list of D-J Basin takeovers with the acquisition of privately held operator Bison Oil & Gas II LLC. (Source: Hart Energy)

Fresh off a transformative year, Civitas Resources Inc. said President and CEO Eric Greager has stepped down concurrent with a $346 million acquisition of a privately held Denver-Julesburg (D-J) Basin operator.

“It has been an honor and privilege serving as CEO of Civitas,” Greager said in a statement on Feb. 1. “I want to thank the Civitas board and our entire team for their exceptional efforts in successfully shaping the company’s founding principles and positioning the platform for long-term success.”

Formerly known as Bonanza Creek Energy, the company rebranded as Civitas Resources last November following a slew of acquisitions, which Greager helped oversee.

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Emily Patsy

Emily Patsy is the senior managing editor for Hart Energy’s Digital News Group. She's responsible for the daily news flow and also manages the A&D Watch and Energy Pulse weekly newsletters.