02:47 PM EST, 11/04/2025 (MT Newswires) -- Crescent Energy ( CRGY ) has agreed to sell its conventional oil and gas assets in Wyoming to Aethel Energy, Bloomberg reported Monday, citing sources familiar with the matter.

The purchase price is over $400 million, one of the sources told the media outlet.

In its quarterly report, Crescent said it signed over $700 million in non-core divestitures in September and October, including the whole of its Barnett, conventional Rockies and Mid-Continent positions.

Crescent and Aethel did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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