Peoria Resources Acquires Verdad's Operated DJ Basin Portfolio

Civitas Resources Closes Acquisition of Bison Oil & Gas II (DJ Basin)

March 1, 2022

Energy

Civitas Resources, Inc. closed its previously announced acquisition of privately held Bison Oil & Gas II, LLC, the Denver-Julesburg Basin operator. The deal adds 102 gross locations and is intended to strengthen Civitas’ DJ Basin portfolio under its net zero policy, with approximately $300 million in total cash outlay after modifying consideration from the originally announced structure.

PEDEVCO Merges Juniper-Controlled Portfolio Companies to Become Premier Rockies Operator

November 4, 2025

Oil & Gas

PEDEVCO Corp. completed a merger with portfolio companies controlled by Juniper Capital Advisors, issuing convertible preferred shares to Juniper that, upon conversion, will give Juniper ~53% ownership of the combined company. The transaction included a $35 million private placement, refinancing of the portfolio companies' debt, and increases PEDEVCO's borrowing base to support a combined asset base of ~6,500 BOEPD (80% oil) and ~328,000 net acres across the Northern DJ and Powder River Basins.

Prairie Operating Co. Acquires Producing Assets from Nickel Road Operating LLC

February 1, 2024

Energy

Prairie Operating Co. (Nasdaq: PROP) entered into a definitive agreement to acquire the producing assets of Nickel Road Operating LLC for $94.5 million (including $83.0M cash and $11.5M deferred). The asset purchase expands Prairie's footprint in the DJ Basin — adding ~3,370 net Boepd, 5,500 net contiguous leasehold acres, 62 permitted PUDs and materially accretive reserves and cash flow.

Verdantas Acquires Peterson Brustad Inc.

January 9, 2024

Engineering Services

Verdantas, a PE‑backed environmental and engineering firm, has acquired Peterson Brustad, Inc. (PBI), a Folsom, California water engineering consultancy. The add‑on expands Verdantas' water services capabilities in Northern California, strengthening offerings for public agencies and water utilities.

Crescent Energy Acquires Uinta Basin Assets from Verdun/EP Energy for $690M

March 31, 2022

Energy

Crescent Energy Co. closed its purchase of Uinta Basin oil and gas assets in Utah for $690 million, acquiring approximately 145,000 contiguous net acres producing roughly 30,000 boe/d (about 65% oil). The assets were sold by Verdun Oil Co. II LLC (an EnCap Investments-backed vehicle) previously associated with EP Energy; Crescent said the deal expands its Rockies position and adds multiyear development inventory and cash flow.

Chevron Acquires PDC Energy in $6.3 Billion All-Stock Transaction

August 7, 2023

Oil & Gas

Chevron Corporation agreed to acquire all outstanding shares of PDC Energy, Inc. in an all-stock transaction valued at $6.3 billion. The deal adds PDC’s oil and gas assets—275,000 net acres in the Denver-Julesburg (DJ) Basin and 25,000 net acres in the Permian Basin—to strengthen Chevron’s position in key U.S. production basins. Chevron later announced the acquisition was completed after PDC shareholder approval.