Crescent Energy Company acquires Ridgemar Energy Eagle Ford assets
Type: Acquisition · Technology: Oil Gas, Other · Country: United States · Value: $905M · Announced: 2024-12-03
Crescent Energy Company signed a definitive agreement to acquire Ridgemar Energy's Eagle Ford assets for $905 million upfront plus future oil-price contingent consideration, adding ~20 Mboe/d of production and ~140 locations and expected to close in Q1 2025.
Counterparties
- Crescent Energy Company (Buyer)
- Ridgemar Energy (Seller)
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