← Go back to All Blogs
  • entries
    3,386
  • comments
    169
  • views
    1,026,541

Coterra to buy Permian shale assets in $4 billion deal

(Bloomberg) -- Texas oil and natural gas producer Coterra Energy Inc. has reached agreements with two closely-held companies to buy assets in the Permian Basin for $3.95 billion. The deals expand Coterra’s reach on the fast-growing New Mexico side of the top U.S. shale basin. The sale is expected to close in Q1 2025.

View the full article

Sign in to follow this  
Followers 0


0 Comments


Recommended Comments

There are no comments to display.

Guest
You are posting as a guest. If you have an account, please sign in.
Add a comment...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.