Finance

Permian players Centennial and Colgate Energy combine in $7 billion deal

New entitity will be the largest pure-play exploration and production company in the Delaware basin

Big player: merger of equals between Centennial Resource and Colgate Energy will create a major force in the Permian basin in the US
Big player: merger of equals between Centennial Resource and Colgate Energy will create a major force in the Permian basin in the USPhoto: AP/SCANPIX
Houston
Published 19 May 2022, 19:20Updated 24 May 2022, 16:39
Permian BasinDelaware BasinCentennial Resource DevelopmentColgate Energy Partners IIIUS