Deal snapshot: Earthstone Energy Closes USD 627m Acquisition of New Mexico Assets of Titus.
MANews-(C)2009-2022
Texas-based independent energy company Earthstone Energy, Inc. (NYSE: ESTE) has closed the acquisition of the New Mexico assets of Titus Oil and Gas Production, LLC and Titus Oil and Gas Production II, LLC and their affiliates, to expand in the northern Delaware Basin, for USD 627m, the company said.
Titus is privately held with sponsorship by investment funds managed by NGP Energy Capital Management...
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