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US upstream news

 

Crescent Energy closes accretive central Eagle Ford bolt-on

Crescent Energy Company has announced the closing of its acquisition of Central Eagle Ford assets from Ridgemar Energy for upfront consideration of US$905 million, consisting of US$830 million in cash and 5 454 546 shares of Class A common stock.

 
 

CNX closes acquisition of Apex Energy

This strategic bolt-on acquisition expands CNX's existing stacked Marcellus and Utica undeveloped leasehold in the CPA region and provides an existing infrastructure footprint that can be leveraged for future development.

 
 

Reuters: Trump's energy actions on his first day

US President Donald Trump issued a flurry of orders within hours of his inauguration on Monday 20 January 2025 intended to boost the nation's already record-high oil and gas production and unwind former President Joe Biden's climate agenda, reports Reuters.