Oklahoma-based Roan Resources is set to go private after being sold to Citizen Energy Operating in an all-cash deal valued at about $1 billion, writes Julia Martinez.
Citizen Energy, a company backed by private investment firm Warburg Pincus, will as part of the deal will also buy up $780 million of Roan’s funded net debt as of 30 September.
Roan stockholders are set to receive $1.52
