BRIEF-Crescent Energy Announces Accretive Central Eagle Ford Bolt-On-February 2024-www.financetom.com

BRIEF-Crescent Energy Announces Accretive Central Eagle Ford Bolt-On

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BRIEF-Crescent Energy Announces Accretive Central Eagle Ford Bolt-On

Dec 3, 2024 3:22 PM

Dec 3 (Reuters) - Crescent Energy Co ( CRGY ):

* CRESCENT ENERGY ANNOUNCES ACCRETIVE CENTRAL EAGLE FORD

BOLT-ON

* CRESCENT ENERGY CO ( CRGY ) - TO ACQUIRE EAGLE FORD ASSETS FOR $905

MILLION

* CRESCENT ENERGY CO ( CRGY ) - UPFRONT CONSIDERATION OF $905 MILLION

INCLUDES $100 MILLION IN EQUITY AND REMAINDER IN CASH

* CRESCENT ENERGY CO ( CRGY ) - DEAL ALSO INCLUDES FUTURE OIL PRICE

CONTINGENT CONSIDERATION OF UP TO $170 MILLION

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