Friday, May 9, 2025
Crescent Energy closes $905 million deal in strategic Eagle Ford expansion- oil and gas 360

Crescent Energy closes $905 million deal in strategic Eagle Ford expansion

(World Oil) – Crescent Energy Company announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million, consisting of $830 million in cash and 5,454,546 shares of Class A common stock, plus future oil price contingent consideration, subject to customary purchase price adjustments. Crescent plans to provide 2025 guidance reflecting the acquisition

Crescent Energy to acquire Ridgemar Eagle Ford assets in $900M deal- oil and gas 360

Crescent Energy to acquire Ridgemar Eagle Ford assets in $900M deal

(World Oil) – Crescent Energy Company has announced the signing of a definitive agreement to acquire Eagle Ford assets from Ridgemar Energy for upfront consideration of $905 million plus future oil price contingent consideration, subject to customary purchase price adjustments.   The acquisition is directly offset Crescent’s core Central Eagle Ford position and builds upon its significant acquisition activity in

TotalEnergies boosts U.S. natural gas business with Eagle Ford assets- oil and gas 360

TotalEnergies boosts U.S. natural gas business with Eagle Ford assets

(Oil Price) – TotalEnergies on Friday announced a deal to buy a 45% stake in dry gas-producing assets owned and operated by Lewis Energy Group in the Eagle Ford basin in Texas, growing its gas production business and boosting its LNG portfolio. The assets that TotalEnergies is buying are located in Southwest Texas and have the potential to be developed to reach a