Crescent Energy has entered into a definitive agreement to acquire Devon Energy‘s Eagle Ford assets for an estimated net purchase price of $3.85 billion, adding approximately 68,000 boed of production and more than 600 drilling locations to its South Texas operations. The acquisition will expand Crescent’s position in the Eagle Ford shale, with the assets […]
Magnolia Oil & Gas Corp. has emerged as the front-runner to acquire closely held WildFire Energy for more than $4 billion in what would rank as its largest-ever acquisition, according to people familiar with the matter. The Houston-based shale producer is poised to win the auction for the driller backed by private equity firms Warburg Pincus and Kayne […]