Bonanza Creek, Extraction Merger to Create Largest Pure-play D-J Basin Producer
Transaction Type
Sellers
Buyers
Basin
D-J Basin
Announce Date
Post Date
Close Date
Estimated Price
$1,400.0MM
Description
Acquired through an all-stock merger, forming Civitas Resources, with approximately 425,000 net acres in CO’s D-J Basin, a production base of 117,000 boe/d and aggregate enterprise value of $2.6 B.