Crescent Energy to buy Ridgemar Energy's Eagle Ford basin assets for $905 million

By Yahoo! Finance | Dec 3, 2024 at 04:49 PM EST

Crescent Energy is set to acquire Ridgemar Energy's Eagle Ford basin assets in Texas for $905 million, with an additional $170 million payment contingent on oil prices. The deal is expected to close in Q1 2025, expanding Crescent's presence in the region.

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