Civitas (CIVI) Announces Bison Oil Takeover & CEO Departure

  • Date: 03-Feb-2022
  • Source: Nasdaq
  • Sector:Oil & Gas
  • Country:Gulf
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Civitas (CIVI) Announces Bison Oil Takeover & CEO Departure

One of Colorado’s largest pure-play energy producers, Civitas Resources CIVI, said that it has signed definitive agreements to buy the privately-owned Denver-Julesburg (DJ) Basin operator, Bison Oil & Gas II, LLC, for a consideration of about $346 million. The company