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![lwsresearch Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1531936804139683840.png) LWS Financial Research [@lwsresearch](/creator/twitter/lwsresearch) on x 4489 followers
Created: 2024-12-03 21:40:49 UTC

Crescent Energy $CRGY announced plans to acquire Ridgemar Energy's Eagle Ford Basin assets in Texas for $905M through a cash-and-stock deal. An additional $170M payment depends on future oil prices. CEO David Rockecharlie highlighted synergies with recent acquisitions, emphasizing operational expansion. The transaction is set to close in Q1 2025. 🛢️📈

![](https://pbs.twimg.com/media/Gd56vWlXkAAHhix.jpg)

XXX engagements

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**Related Topics**
[$170m](/topic/$170m)
[$905m](/topic/$905m)
[ford](/topic/ford)
[eagle](/topic/eagle)
[coins energy](/topic/coins-energy)
[$crgy](/topic/$crgy)

[Post Link](https://x.com/lwsresearch/status/1864062255765098917)