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Crestone Peak Resources

Company Summary

Description

Crestone Peak Resources (Crestone), which is 95 percent owned by Canada Pension Plan Investment Board and five percent by The Broe Group

Website

https://www.companiescolorado.com/company/20151664...

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Recent news

Company Transactions

Date: 9/30/2021
Type: Acquisition

BUYERS:
  • Civitas Resources
  • Extraction Oil and Gas
    • SELLERS:
  • Crestone Peak Resources
  • Canada Pension Plan Investment Board
    • DETAILS:
    NOTES:
    Civitas Resources, the newly formed entity stemming from a merger between Bonanza Creek and Extraction OIl & Gas, has reached a deal to acquire Crestone Peak Resources. Civitas will issue 22.5 million shares of Bonanza Creek for 100% of Crestone's equity interests. Upon closing, Bonanza/Extraction shareholders will each own 37% of Civitas while Crestone holds 26%.
    REGIONS:
  • Rockies
  • DJ Basin

    • Date: 6/30/2016
    Type: Acquisition

    BUYERS:
  • Crestone Peak Resources
    • SELLERS:
  • Encana Corporation
    • DETAILS:

    COST: 900 $MM

    ACRES: 510000 Acres

    REGIONS:
  • DJ Basin
  • Niobrara Basin