Callon Petroleum To Acquire Carrizo For $3.2 Billion
Transaction Type
Sellers
Buyers
Basin
Permian Basin (Delaware/Midland Basins); Eagle Ford Shale
Announce Date
Post Date
Close Date
Estimated Price
2.7BB
Description
Acquired Houston-based Carrizo, which has Permian Basin and Eagle Ford oil-weighted positions, in an all-stock transaction with assumption of $1.96 B net debt and preferred stock; companies amended terms on Nov. 14, 2019.