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Citizen Energy LLC

About

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.

Citizen Energy is a privately funded company backed by Warburg Pincus LLC.

Editor's note: Updated Oct. 7, 2019.

Headquarters Address

320 S. Boston Ave.
Suite 900
Tulsa, OK 74103
United States

Main Phone Number

Transactions

Report Date Amount (MM) Description
2022-06-30 --

Citizen Energy Sees ‘Dominant Footprint’ Following Latest Midcontinent Acquisition

Citizen Energy Sees ‘Dominant Footprint’ Following Latest Midcontinent Acquisition

Report Date Amount (MM) Description
2022-06-30 --

Citizen Energy Sees ‘Dominant Footprint’ Following Latest Midcontinent Acquisition

Citizen Energy Sees ‘Dominant Footprint’ Following Latest Midcontinent Acquisition

Report Date Amount (MM) Description
2021-12-31 $153.00

Warburg’s Citizen Energy Expands in Oklahoma with $153 Million Bolt-on

Warburg’s Citizen Energy Expands in Oklahoma with $153 Million Bolt-on

Report Date Amount (MM) Description
2020-10-13 $111.00

Riviera Resources Sells Blue Mountain Midstream in $111 Million Cash Deal

Riviera Resources Sells Blue Mountain Midstream in $111 Million Cash Deal

Report Date Amount (MM) Description
2019-12-06 $1,000.00

Roan Resources To Become Citizen’s In $1 Billion All-Cash Deal

Roan Resources To Become Citizen’s In $1 Billion All-Cash Deal

Report Date Amount (MM) Description
Report Date Amount (MM) Description
Report Date Amount (MM) Description
2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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2100-10-01 $000.00

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News

Asset Manager Buys SandRidge Stake, Looks for More Midcon M&A

Investment manager Third Avenue believes Midcon E&P SandRidge Energy is primed for M&A and a boost to shareholder returns.

Validus to Buy Citizen Energy in Deal Worth Over $2 billion, Sources Say

Citizen Energy, backed by private equity firm Warburg Pincus, started exploring a sale in recent months after Validus Energy offered to buy the company, the sources said.

Mach Taps Equity Markets to Fund $136MM in Midcontinent M&A

Mach Natural Resources is offering to sell common units to fund two pending acquisitions in the Ardmore and Anadarko basins.

Midcon Momentum: SCOOP/STACK Plays, New Zones Draw Interest

The past decade has been difficult for the Midcontinent, where E&Ps went bankrupt and pulled back drilling activity. But bountiful oil, gas and NGL resources remain untapped across the Anadarko, the SCOOP/STACK plays and emerging zones around the region.

Citizen Energy's Case for the Midcontinent

In the shadow of the Permian Basin, Citizen Energy, an Oklahoma company busy in the Anadarko Basin, portrayed itself as a “great target” at SUPER DUG.

Citizen Energy Sees ‘Dominant Footprint’ Following Latest Midcontinent Acquisition

Following the acquisition of Red Bluff Resources and Bricktown Energy, Citizen Energy’s Midcontinent position now encompasses 326,000 net acres, 98% HBP.

‘In the Money’ in Oklahoma

Margins are strong in the multistream SCOOP, STACK and Merge where operators are dialing up the hydrocarbon weighting they want from any given rig. Yet, any stream—oil, gas, NGL—will make the numbers these days.

Warburg’s Citizen Energy Expands in Oklahoma with $153 Million Bolt-on

Warburg Pincus-backed Citizen Energy agreed to acquire from an undisclosed seller 28,000 net acres described as a “gas-rich, bolt-on acquisition” to the company’s existing Anadarko Basin footprint.

E&P Plus: September 2020 US Drilling Activity Highlights

Check out the latest oil and gas drilling activity highlights across the U.S. featured in the September issue of E&P Plus including Occidental Petroleum Bone Spring discoveries plus Marcellus Shale wells completed by Chevron.

Best of This Week’s Drilling Activity Highlights (Sept. 11, 2020)

A Marcellus Shale discovery by Southwestern Energy in West Virginia’s Ohio County plus Occidental Petroleum completes Wolfcamp producers in the Purple Sage Field top this week’s drilling activity highlights from around the world.

Roan Resources To Become Citizen’s In $1 Billion All-Cash Deal

The merger of Roan Resources with Citizen Energy may portend future take-private offers for public companies that have largely been scorned by the public market.

Citizen Energy To Acquire Roan Resources For $1 Billion

Roan Resources Inc. has entered into a definitive merger agreement to be acquired by Citizen Energy Operating LLC, an affiliate of Warburg Pincus LLC, in an all-cash transaction valued at approximately $1 billion, including Roan’s funded net debt of approximately $780 million as of September 30, 2019.