Contango Oil & Gas to Combine with KKR-backed Firm in All-stock Merger
Transaction Type
Sellers
Basin
Multiple
Announce Date
Post Date
Close Date
Estimated Price
$5,500.0MM
Description
Acquire Fort Worth, TX-based Contango in an all-stock combination creating Crescent Energy, a platform targeting acquisitions of low-decline, producing upstream oil and natural gas assets with an enterprise value of about $5.7 billion.