News
03 October 2019

Citizen Energy to buy Roan Resources in $1bn deal

In:
Oil & gas
Region:
Americas

US-based independent oil and natural gas Roan Resources has announced that Citizen Energy Operating will buy the company in an all-cash transaction valued at $1 billion, including Roan’s debt. Under the agreement, Roan stockholders will receive $1.52 in cash for each share of Roan common...

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