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Civitas Resources may sell its Colorado assets for over $4 billion to focus on the Permian Basin.
Civitas Resources is considering selling its assets in Colorado's Denver-Julesburg Basin, potentially valued at over $4 billion, to focus more on the Permian Basin.
The company is working with a financial advisor to assess buyer interest.
If it sells, Civitas plans to use the proceeds for further acquisitions and to reduce debt, aiming to strengthen its position as a "pure-play" Permian company.
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Civitas Resources puede vender sus activos de Colorado por más de $4 mil millones para centrarse en la cuenca del Pérmico.