We continue to see takeovers in the Permian basin with Civitas Resources spending over $4.7bn USD to enter the Permian over the weekend
https://www.mrt.com/business/oil/article/civitas-resources-gains-scale-permian-basin-18165604.php
Plus Earthstones $1.5bn USD bid week prior which below has a good breakdown of what current acreage is fetching to the even more lucrative Ovintiv deals of late
https://bisoninterests.substack.com/p/earthstone-buys-novo-oil-and-gas
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We continue to see takeovers in the Permian basin with Civitas...
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