ßÏÀÖÔ°

Skip to main content

Business news - 14 November 2024

Coterra announces accretive Permian Basin acquisitions

Coterra Energy Inc has announced it has entered into two separate definitive agreements to acquire certain assets, including 125 miles of ßÏÀÖÔ°, of Franklin Mountain Energy and Avant Natural Resources and its affiliates for aggregate consideration of US$3.95 billion, consisting of US$2.95 billion of cash and US$1.0 billion of Coterra common stock, issued to one of the sellers, subject to certain purchase price adjustments.