Your Portal for Key Energy Information and Research

Citizen Energy Operating

Company Summary

Description

Citizen Energy is currently focused on developing horizontal play concepts in the onshore region of the United States. Our management team features extensive horizontal technical experience throughout Oklahoma, Texas, Arkansas and Louisiana.

Website

https://citizenenergyok.com

Recent news

  • 10/1/2019 - Roan Resources Reduces... (subscriber access)
  • 10/1/2019 - Roan Resources to be... (subscriber access)

Company Transactions

Date: 3/30/2020
Type: Acquisition

BUYERS:
  • Citizen Energy Operating
    • SELLERS:
  • Roan Resources LLC
  • Roan Resources, Inc.
    • DETAILS:

    COST: 1 $B

    NOTES:
    Roan Resources reported it will be acquired by Citizen Energy in an all-cash transaction valued at roughly $1 billion (including Roan's funded net debt of roughly $780 million as of September 30).
    REGIONS:
  • Oklahoma STACK Play
  • SCOOP
  • Anadarko Basin