Benzinga | Jun 7, 2021 06:08AM EDT

'Civitas Resources To Acquire Oil And Gas Producer Crestone' -Reuters

June 7 (Reuters) - Civitas Resources Inc, the U.S. oil and gas producer being formed through the merger of Bonanza Creek Energy Inc BCEI.N and Extraction Oil & Gas Inc XOG.O, will acquire peer Crestone Peak Resources for $1.3 billion, including debt, according to people familiar with the matter.