Kimmeridge-Backed Civitas to Buy Oil and Gas Assets for $4.7 Billion in Consolidation Push
Kimmeridge Energy Management co-founder Ben Dell for years has prodded large oil and gas companies to speed up consolidation in the sector. Now a Kimmeridge-backed producer, Civitas Resources, is becoming a consolidator in its own right. Denver-based Civitas agreed to acquire assets from Hibernia Energy III and Tap Rock Resources, companies...
